BurstIQ and iCan Announce Strategic Partnership to Offer Complete Portfolio of Insurance Products to BiQ Holders


DENVER, Sept. 26, 2017 (GLOBE NEWSWIRE) -- BurstIQ a leading in Blockchain-based health data company has entered into an agreement with iCan Benefit Group, a US insurance agency that provides access to a wide range of health care plans and lifestyle benefits, to create a strategic partnership that will offer affordable insurance and lifestyle benefit solutions on the BurstIQ platform.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/2a829936-e9f4-49e4-aa17-f14052f8f59b

“iCan has consistently been rated as one of the top insurance sales firms in the country. They were pioneers in the use of bundled benefits and we are thrilled to be collaborating with them to transform health access,” says Frank Ricotta, chief executive at BurstIQ. “There is so much buzz about how blockchain might be able to change the healthcare industry. This is a perfect example of how it is changing the industry.”

Once implemented, BurstIQ and iCan expect that participants in the BiQ ecosystem will be able to use BiQ tokens to purchase personalized products and services, including health, life, auto, pet and property insurance. In addition, lifestyle benefits such as telemedicine plans, discount pharmacy benefits, roadside assistance, and identity theft protection will be offered through this unique arrangement with personalized plans and bundles available for individuals, families, and small businesses. 

“This can be a game changer. I’ve been in the insurance business for over 30 years and for the first time, I can see how we disrupt the market and engage with our customers the way we’ve always wanted,” says Steve Tucker, chief executive at iCan. “The BurstIQ platform will enable us to offer truly personalized benefits to our customers. HealthWalletTM can be a one-stop-shop for customers to pay their bill, receive offers tailored precisely to their needs, understand their benefits, and most importantly, live a healthy life.”

Details of the agreement will be finalized as early as next month. A benefits marketplace will be launched in conjunction with the release of the BurstIQ HealthWallet, slated for early 2018.

HealthWallet users, once implemented, will be able to access their iCan account and benefits, manage insurance payments using BiQ tokens, as well as renew and purchase iCan products and services. This will be seamlessly connected to a user’s overall health profile and other products and services purchased through the BiQ ecosystem.

In anticipation of the HealthWallet launch in 2018, BurstIQ is currently holding a public crowdsale of its BiQ tokens. The public sale will begin on Sept. 26. Individuals and businesses can obtain more information, and purchase BiQs, at biq.burstiq.com.

About iCan Benefit Group
Founded in 2004, iCan Benefit Group, LLC is a dynamic, customer-centric family of companies providing its customers with access to comprehensive, affordable insurance and lifestyle benefit solutions, including health, life, lifestyle, and property and casualty insurance. With tens of thousands of existing customers, iCan Benefit Group has helped hundreds of thousands find an answer to the healthcare crisis faced by more than 53 million people in the U.S. today. iCan focuses on increasing access and utilization of wellness-based initiatives, including telemedicine services provided through InteractiveMD www.interactivemd.com. The company is based in Boca Raton, Florida and can be found online at: www.icanbenefit.com.

About BurstIQ
BurstIQ combines the power of blockchain, big data, and machine intelligence to create the platform for the new person-centric health economy. The BurstIQ platform and BiQ Ecosystem give individuals the power to own, understand, and put their data to work through an open marketplace where health services are universally accessible and intelligently tailored to each person. For researches and providers, the platform creates a deep learning environment that continuously expands their knowledge of individuals to improve relevance and impact, inspire new research, facilitate collaboration, and foster an environment of innovation. Bring your health to life with BurstIQ. Visit www.burstiq.com for more information.


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