When Dr. Warris Bokhari was working for a large U.S. health insurer, he witnessed a fundamental problem first-hand: Since health insurance companies make financial products, they have competing priorities beyond patient care. U.S. insurers deny some 850 million claims every year and that number is growing, Bokhari says, and fewer than 1% of people appeal. “For cancer patients, if you have a one-month delay in treatment, that’s a 10% drop in your survival,” Bokhari says.
Bokhari’s solution is Claimable, a startup he co-founded and launched in 2024 that uses AI to help patients and providers appeal health-insurance denials for a growing list of conditions, including rheumatoid arthritis, asthma, and obesity. Patients pay Claimable a service fee of around $50 per appeal. So far, Bokhari puts Claimable’s success rate at 80%, recovering more than $30 million for patients to date.