Hello Everybody!

About Us My name is Moonish and I co-created Lumos Health (Lumos) with my friend, Esteban. We are both data-nerds, economists, and big on personal finance. We created Lumos to help people save money and bring more transparency to the US health insurance industry.

Problem Statement When we both quit our corporate jobs earlier this year and became self-employed, we had to pick our own health insurance using healthcare.gov and only then realized how difficult it was to pick the right plan, especially from a financial perspective.

After more research, we realized that most Americans ( insurance brokers included) struggle to make the right financial choice, overpaying by an estimated ~$400-$1,250 annually. Picking the right plan assumes you know how much you’ll pay in both premiums AND out-of-pocket expenses.

But calculating out-of-pocket expenses on your own is no easy task. Here’s why: 1. You need to know your healthcare usage ahead of time (e.g. how many times you’ll go to the doctor, or get sick) 2. Figuring out how your usage interacts with the specifics of a plan requires tedious math. 3. Even if you manage this feat for a single plan, having to repeat it for a large number of plans is impractical.

As a result, people just do the best they can with the limited time and information they have available but end up paying more as a result

Our Goal Arm consumers and brokers with the tools and data to make smarter financial decisions when it comes to picking health insurance

What Sets Us Apart Unlike other solutions, true-cost transparency is central to our product experience. Our goal is to ensure you know how much you can expect to pay under each and every plan based on real health outcomes from hundreds of people just like you. We provide you with the grounded, personalized, and comprehensive cost estimates to ensure you are making the best financial decision. Learn more about our approach here

Who's The Product For? Single users who plan to purchase insurance through the healthcare.gov marketplace this year. The full experience is available in TX & FL but a near-complete experience (excluding enrollment support) is available in 31 additional states. States operating a state-based exchange aren't currently supported.

Key Features 💰 See how much you'll qualify for in savings via subsidies 💻 Get up to 5 plan recommendations that minimize your true cost across multiple categories 👨‍👩‍👧‍👦 Compare the true cost of each recommendation across scenarios based on outcomes of real people 👩‍⚕️ Compare the provider / drug coverage for each plan 💊 📄 Get help completing the paperwork and enrolling in the plan (only available in TX & FL)