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Segal Survey Projects Health Plan Cost Trend to Reach 15-Year Historic Highs Driven by GLP-1s, Inflation, AI, and Surprise Billing Arbitration

Segal’s 2027 Health Plan Cost Trend Survey projects that the median cost trend for employer-sponsored medical plans will reach 9.9%, approaching a 15-year high, while prescription drug costs are expected to rise 11.5%. Based on responses re

Jul 27, 2026
Venture Capital

Employee Navigator Acquires Velocity’s AI Plan Builder; Debuts In-House AI Plan Build Beta for Open Enrollment

Employee Navigator announced the acquisition of Velocity Benefits’ AI-powered plan building software and unveiled two major AI initiatives ahead of open enrollment. The Velocity tool will be integrated and listed in the Employee Navigator M

Sep 23, 2025
Venture Capital

Employee Navigator Raises $100M to Fuel AI-Powered HR and Benefits Platform Expansion

Employee Navigator , a leading U.S.-based benefits administration and HR software provider, has completed a $100 million funding round from its existing investors, JMI Equity and Spectrum Equity. This minority investment facilitated a $120

Aug 4, 2025
Venture Capital

KarmaCheck Secures $45M Series B to Revolutionize Background Checks with AI Technology

KarmaCheck , a leader in technology-based background checks and credentialing, announced a $45 million Series B funding round led by Parameter Ventures. Founded by LinkedIn co-founder Eric Ly, KarmaCheck leverages advanced technology and AI

Jun 27, 2024
Venture Capital

Medefy Health Clinches $10M Series A to Revolutionize Healthcare Navigation

Medefy Health , a trailblazer in mobile-first healthcare benefits navigation, has secured a significant $10 million in Series A funding. This investment, spearheaded by Mercury Fund and Advantage Capital, is set to bolster Medefy's AI and t

Dec 11, 2023
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