Nava Benefits

Overview

Nava Benefits is a company operating within the insurance sector, specifically focusing on employer-sponsored health benefits. Founded in 2019 and based in the United States, Nava Benefits has grown to employ between 51 and 200 individuals, generating revenue of approximately $112 million. The company engages in research and analysis related to health insurance, as evidenced by its publication of the "Employer Health Benefits Survey 2023 Annual Survey Summary of Findings." This document provides insights into employer-sponsored health insurance coverage, detailing trends in premiums and worker contributions. The survey, which is conducted annually, reflects data from private and non-federal public employers, highlighting the average annual premiums for single and family coverage and their changes over time. The findings indicate significant increases in health insurance premiums, which have outpaced wage growth and inflation. Through its research, Nava Benefits contributes to the understanding of health benefits dynamics in the workplace, providing valuable information for employers and stakeholders in the insurance industry.

Industry