Preferra Insurance:Purpose-built for mental health
Alma Provider Platform:Purpose-built for mental health
Alma Provider Platform:More integrations (6)
Overview
Tool Name
Preferra Insurance
Alma Provider Platform
Tool Name
Preferra Insurance
Preferra Insurance
Alma Provider Platform
Alma Provider Platform
What It Is
Professional liability insurance built by social workers, for social workers - the official NASW-endorsed carrier.
$125/mo platform with AI notes, EHR, and weekly pay. Hit by 2024 Optum cuts (up to 30%) and 2026 Aetna cuts. Acquired by Spring Health.
What It Is
Preferra Insurance
Professional liability insurance built by social workers, for social workers - the official NASW-endorsed carrier.
Alma Provider Platform
$125/mo platform with AI notes, EHR, and weekly pay. Hit by 2024 Optum cuts (up to 30%) and 2026 Aetna cuts. Acquired by Spring Health.
Primary Category
malpractice-insurance
provider-network-virtual-care
Primary Category
Preferra Insurance
malpractice-insurance
Alma Provider Platform
provider-network-virtual-care
Founded
Unknown
Unknown
Founded
Preferra Insurance
Unknown
Alma Provider Platform
Unknown
Best For
Licensed Clinical Social Workers (LCSWs); MSWs and BSWs in clinical practice; NASW members seeking member discounts
Independent therapists wanting premium reimbursement rates; Providers seeking an all-in-one platform (credentialing + EHR + AI notes); Clinicians valuing community features (peer consultation, CE)
Best For
Preferra Insurance
Licensed Clinical Social Workers (LCSWs); MSWs and BSWs in clinical practice; NASW members seeking member discounts
Alma Provider Platform
Independent therapists wanting premium reimbursement rates; Providers seeking an all-in-one platform (credentialing + EHR + AI notes); Clinicians valuing community features (peer consultation, CE)
Pricing
Starting Price
~$155/year
$95/month (annual)
Starting Price
Preferra Insurance
~$155/year
Alma Provider Platform
$95/month (annual)
Pricing Model
flat-annual
Per provider/month
Pricing Model
Preferra Insurance
flat-annual
Alma Provider Platform
Per provider/month
Free Trial
No free trial
No free trial
Free Trial
Preferra Insurance
No free trial
Alma Provider Platform
No free trial
Pricing Details
NASW members receive discounted rates. Premiums vary by license type, coverage limits, hours worked, and state. Online quotes available.
No free trial. Alma often negotiates $10-30 higher per-session reimbursement than solo credentialing. At 20 sessions/week, even a $10 rate improvement generates $800/month in additional revenue—more than covering membership. $500 referral bonus for each provider referred.
Pricing Details
Preferra Insurance
NASW members receive discounted rates. Premiums vary by license type, coverage limits, hours worked, and state. Online quotes available.
Alma Provider Platform
No free trial. Alma often negotiates $10-30 higher per-session reimbursement than solo credentialing. At 20 sessions/week, even a $10 rate improvement generates $800/month in additional revenue—more than covering membership. $500 referral bonus for each provider referred.
Compliance & Security
HIPAA Compliant
No
Yes
HIPAA Compliant
Preferra Insurance
No
Alma Provider Platform
Yes
BAA Available
No
Yes
BAA Available
Preferra Insurance
No
Alma Provider Platform
Yes
SOC 2 Certified
Unknown
Unknown
SOC 2 Certified
Preferra Insurance
Unknown
Alma Provider Platform
Unknown
HITRUST Certified
Unknown
Unknown
HITRUST Certified
Preferra Insurance
Unknown
Alma Provider Platform
Unknown
Features
Mobile App
No
Yes
Mobile App
Preferra Insurance
No
Alma Provider Platform
Yes
Mental Health Specific
Yes
Yes
Mental Health Specific
Preferra Insurance
Yes
Alma Provider Platform
Yes
Integrations
Total Integrations
None listed
6 integrations
Total Integrations
Preferra Insurance
None listed
Alma Provider Platform
6 integrations
Support & Fit
Practice Sizes
Solo, Small (2-10), Medium (11-50)
Solo, Small (2-10)
Practice Sizes
Preferra Insurance
Solo, Small (2-10), Medium (11-50)
Alma Provider Platform
Solo, Small (2-10)
Customer Base
Unknown
Unknown
Customer Base
Preferra Insurance
Unknown
Alma Provider Platform
Unknown
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