Decent’s founder Nick Soman knows exactly how important it is to have access to healthcare. It’s personal for him. A rare illness called GBS resulted in complete paralysis twice in his life. Here he is in his mid 20s learning how to walk again. That kind of recovery isn’t possible in America without access to comprehensive medical insurance, something that’s risen in cost 47% since 2011. The system has no incentive to address this spiraling increase, but what if someone created new incentives? In 2017 Nick left his job at Gusto to try.
Decent started with a simple, important question — why is healthcare so expensive? So began Decent’s mission to bring affordable health insurance to all. The journey since our 2018 founding in Austin, Texas has been winding. Yet, the “longer way” was the right path.
Look, most business owners didn’t start a business with the hope of managing employee benefits and paperwork. We did. We nerd out on the boring-but-important stuff.
Size matters when it comes to healthcare costs. We knew that to solve the affordability issue we needed to find a way to help small groups enjoy the advantages of big businesses. We also knew that the 40+ million Americans employed by small businesses have the hardest time accessing affordable healthcare. So we designed health plans that employees love and use — ones built around unlimited free primary care, $0 medical deductibles, and a diligent customer support team.
Nick Soman raises an $8 million seed round with a simple idea - affordable health insurance for all. The team is assembled and we get to work.
Decent launches in Austin, Texas offering the affordable health plan option for freelancers
An unfortunate regulatory update forced us to move out of individual space and into the to group space
Decent raises $10 million in a Series A to expand to small businesses
Decent is named a Best Place to Work by Inc. Magazine
Decent offers more benefits and serves more businesses throughout Texas, and soon beyond.