Health In Tech launches HitRix and cuts 2026 revenue outlook

Sep 30, 2026
Health In Tech launched HitRix, an AI platform for large group self funded health insurance submissions. The company now expects about $33 million in 2026 revenue, down from its previous forecast of $45 million to $50 million.

Health In Tech launched HitRix, an AI platform for large group self funded health insurance submissions, the company said in a press release. The platform handles document intake, data extraction, submissions to multiple carriers and managing general underwriters, proposal organization, and quote comparison.

Brokers can upload census information, claims data, and plan documents in their original formats. HitRix uses document intelligence to extract and structure the information, reducing manual entry and reformatting. The platform is available through a distribution network that included 933 brokers, agencies, and third party administrators as of June 30.

Health In Tech now expects approximately $33 million in revenue for 2026, roughly equal to its 2025 revenue. That is below the $45 million to $50 million forecast issued with its first quarter results. The company attributed the revision to the timing of HitRix commercialization, its rate stabilization program, and additional carrier capacity, with larger revenue contributions expected from 2027.

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