Dr. Robert Hartwig was contacted for his thoughts on Devoted Health Inc., a Medicare Advantage insurance provider, that pulled off a $1.15 billion series D funding round, demonstrating that investors are very interested in Insurtechs. It is currently valued at about $12.7 billion after the latest round of funding. Hartwig said,”Devoted Health may be benefiting from the ongoing debate over whether to lower the Medicare eligibility age, which would add millions of potential customers for Medicare Advantage insurers.” Furthermore, Hartwig highlighted that “Devoted Health’s reported valuation is very high… but it could be justified if it manages to snag significant market share from the biggest managed care players.”