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Pasito
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Every year, during enrollment periods for health insurance or company savings plans, millions of employees find themselves overwhelmed by a mountain of paperwork and technical jargon. For fear of making a mistake, many choose coverage that isn’t right for them. This leads to poor financial decisions for families and a massive waste of resources for the companies that fund these programs. Pasito was founded in New York to solve this problem. The company has developed a virtual assistant that acts like a real personal advisor. By simply analyzing each user’s family situation, health habits, and future plans, the software translates the jargon in insurance contracts into highly personalized recommendations. Employees immediately know which plan offers the best coverage or the best value for them. For human resources (HR) departments, the impact is immediate. By automating responses to the hundreds of recurring questions from teams, Pasito frees up valuable time for managers, reduces the mental load on employees, and ensures that the company’s investments in its teams’ well-being are finally fully valued and understood.
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