Health In Tech, Inc. (Nasdaq: HIT) announced the launch of HitRix, an AI-powered platform designed to modernize the large-group self-funded health insurance market. The company stated that HitRix aims to streamline complex workflows, including large-group submissions, multi-market quoting, proposal comparison, and placement, all within a single secure environment.
The press release highlights that HitRix utilizes AI-powered document intelligence to ingest, extract, organize, and structure case information, such as employee census data, claims data, and plan documents. This automation is intended to reduce manual data entry and allow brokers to focus more time on client advisory services. The platform is integrated with Health In Tech’s broader underwriting and marketplace infrastructure, connecting submission, market access, analytics, and transaction execution.
Health In Tech noted that HitRix launches across its existing distribution ecosystem, which included 933 partners across brokers, third-party administrators, and agencies as of June 30, 2026. This network represents a 19.9% year-over-year increase.
In addition to the platform launch, the company updated its full-year 2026 revenue outlook to approximately $33 million. Health In Tech stated that this figure is roughly in line with 2025 revenue. The company explained that the outlook primarily reflects the timing of several strategic initiatives, including HitRix commercialization, its Three-Year Rate Stabilization Program, and expanded carrier capacity. Health In Tech expects these initiatives to become more meaningful growth contributors beginning in 2027 and beyond.
