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The Spokesman-Review Newspaper
Spokane, Washington  Est. May 19, 1883

Eye On Boise

Idaho exchange part of big success story for Silicon Valley tech firm

The successful launch of Idaho’s new health insurance exchange website is part of a big success story for a Silicon Valley tech firm that's providing the software through a $37 million contract, and also working with exchanges in California, New Mexico and Mississippi.  GetInsured, headed by two tech entrepreneurs with a history of successful startups, formed as a private insurance exchange company in 2005, then got into the state exchange business after the Affordable Care Act passed; it beat out companies 10 times its size for the New Mexico contract, which is worth $39.9 million. Idaho's paid it $26 million so far; the project's on budget and on time.

“It was a great implementation,” said company spokeswoman Andrea Riggs, in Palo Alto, Calif. “It went very smoothly. … It’s a testament to the power of software as a service and the platform that we’re using.” The company’s co-founders, Chini Krishnan, above, and Shankar Srinivasan, at right, both have two-decade track records in the high-tech industry. Krishnan, the CEO, earlier played a key role in an innovative secure browser released by Enterprise Integration Technologies, and his last company, Valicert Inc., went public in 2000 and merged with Tumbleweed Technologies in 2003. Srinivasan, the chief operating officer, served as vice president of eBusiness services at JP Morgan Chase, co-founded CyberBills, and was a member of the founding team behind WebMD. You can read my full story here at spokesman.com.



Betsy Z. Russell
Betsy Z. Russell joined The Spokesman-Review in 1991. She currently is a reporter in the Boise Bureau covering Idaho state government and politics, and other news from Idaho's state capital.

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