CASSEB

What CASSEB does

CASSEB (Caixa de Assistência dos Empregados do Banco do Estado da Bahia) is a nonprofit civil entity founded on September 22, 1967 by employees of the former Banco do Estado da Bahia (Baneb) to deliver medical and healthcare assistance services to its associates and their economic dependents. Headquartered at Rua Metódio Coelho, 133 in the Cidadela neighborhood of Salvador, Bahia, CASSEB is registered with Brazil's Agência Nacional de Saúde Suplementar (ANS nº 31558-3) and operates under the SCPA framework for pre-Law 9.656/98 grandfathered health plans. Its membership is restricted to former Baneb employees and their family groups up to the third degree of kinship, all served within the state of Bahia.

The service portfolio centers on the Plano de Associados, providing ambulatory and hospital coverage with obstetrics across the state. Delivery combines a credentialed network spanning Bahia with CASSEB's own Centro Médico in Salvador (physicians, nursing, physical therapy, surgical center, and laboratory). Layered on top are three specialized programs: 24-hour Telemedicina via the Central CASSEB line, the Medprev program for chronic-pathology patients and members aged 65+, and the Ambulatório de Medicina Preventiva for associates aged 50 and older. A Google Play mobile application extends beneficiary self-service, and provider-facing portals handle TISS-standard claims and reimbursement workflows.

CASSEB is governed by an elected Executive Board, Conselho de Administração, and Conselho Fiscal under a member-mutual model, with no external shareholders. The current leadership triennium runs 2024-2027 under President Erenaldo de Sousa Brito. Revenue is generated through recurring member contributions for health-plan subscriptions, while the entity supplements its geographic reach via reciprocity partnerships with parallel state-bank assistance funds (CABERJ, BANESE, BEMGE CAIXA, CAMED, and ASFEB). No venture capital, private equity, or public-market ownership is present, and the entity's growth is structurally bounded by its closed membership eligibility.

Name

CASSEB

Legal name

CASSEB

Website

https://casseb.com.br

Company type

Private

Founded year

1967

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Health Insurance / Managed Care

NAICS

Health and Welfare Funds (525120), Direct Life, Health, and Medical Insurance Carriers (52411)

SIC

Hospital & Medical Service Plans (6324), Accident & Health Insurance (6321)

akta.pro primary industry

Association & PEO Group Health Plans (AHP/PEO-Sponsored) (FSAIAFAH)

akta.pro secondary industry

CO-OP / Nonprofit Individual Market Plans (HLAEABAH)

Keywords

• Health insurance plans
• Mutual aid healthcare
• Medical assistance services
• Telemedicine consultations
• Ambulatory hospital coverage

Headquarters

HQ city

Salvador

HQ country

Brazil

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Health Plan Memberships: CASSEB generates revenue through recurring subscription fees from health insurance plan memberships. Associates pay periodic contributions for Ambulatory + Hospital coverage with obstetrics. Plans include territorial coverage throughout the state of Bahia and follow SCPA (Sistema de Cadastro de Planos Antigos) regulations for pre-Law 9.656/98 plans.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

CASSEB delivers a subscription-based health insurance plan (Plano de Associados) covering ambulatory, hospital, and obstetric services to former Baneb employees and their economic dependents across the State of Bahia, operating under pre-Law 9.656/98 grandfathered regulations. The plan is delivered through a statewide credentialed provider network and the company's owned Centro Médico CASSEB (with physicians, nurses, physiotherapy, surgical center, and laboratory), supported by 24-hour telemedicine, the Medprev chronic care program, and a preventive medicine clinic.

Product overview

CASSEB offers a unified health insurance ecosystem centered on the Plano de Associados, a pre-1998 health plan for Baneb employees and their families (up to 3rd degree relatives) covering ambulatory and hospital care with obstetrics across Bahia. The offering is complemented by owned infrastructure (Centro Médico with physiotherapy, surgical center, and laboratory), a Telemedicina virtual care service available 24/7, and a network of credentialed providers throughout the state. Additional programs include Medprev for chronic disease patients and elderly over 65, and a Preventive Medicine Clinic for members 50+. A mobile app extends access to beneficiaries, while reciprocity agreements with CABERJ, BANESE, BEMGE CAIXA, CAMED, and ASFEB provide coverage expansion.

Differentiator

Problem solved

Functional benefit

Brands

• Centro Médico Casseb: Company-owned medical center located in the Cidadela neighborhood, Salvador, featuring doctors, nurses, and modern equipment, as well as Physical Therapy Center, Surgical Center, and Laboratory.
• Medprev

Products and services

• Plano de Associados Health insurance plan for CASSEB associates covering ambulatory and hospital care with obstetrics, operating under the State of Bahia territory and following pre-Law 9.656/98 regulations (SCPA). Targets former Baneb employees and their economic dependents up to the third degree of kinship.
• Centro Médico CASSEB Owned medical center located in the Cidadela neighborhood, Salvador, featuring physicians, nurses, physiotherapy center, surgical center, and laboratory with modern equipment. Provides direct medical care services to CASSEB associates.
• Telemedicina - Atendimento Virtual
• Medprev - Programa de Assistência Complementar
• Ambulatório de Medicina Preventiva
• Rede Credenciada (Guia Médico)

Quantifiable outcome

• IDSS performance ratings published annually demonstrating compliance with ANS quality standards

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered minor.

• CABERJ (Caixa de Assistência dos Empregados do BANERJ)minorStrategic or Co-development PartnerReciprocity partnership agreement with CABERJ allowing cross-access to healthcare services for respective beneficiary members. CABERJ is the assistance fund for employees of BANERJ (Banco do Estado do Rio de Janeiro).
• Caixa de Assistência de Empregados do BANESEminorStrategic or Co-development PartnerReciprocity partnership with BANESE employees' assistance fund enabling service access for both CASSEB and BANESE beneficiaries.
• BEMGE CAIXA (Caixa de Assistência dos Empregados do BANEB)minorStrategic or Co-development PartnerReciprocity agreement with BEMGE CAIXA, the assistance fund for Banco do Estado de Minas Gerais employees, providing mutual healthcare service access.
• CAMEDminorStrategic or Co-development PartnerReciprocity partnership agreement with CAMED (Caixa de Assistência dos Empregados) enabling cross-beneficiary healthcare service access.
• ASFEBminorStrategic or Co-development PartnerReciprocity partnership with ASFEB providing mutual healthcare service access for beneficiaries of both organizations.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Hapvida NotreDame Intermédica: Hapvida is one of Brazil's largest vertically integrated health insurers and providers, with strong presence in the North and Northeast regions including Bahia. Competes with CASSEB for members in Bahia at materially larger scale with owned hospitals and clinics.
• Unimed: Unimed is Brazil's largest cooperative healthcare system, operating a federated network of medical cooperatives across the country. Competes with CASSEB in Bahia for healthcare services but is a much larger national incumbent with broader commercial scale.
• Amil: Amil is a major Brazilian health insurer offering individual, family, and corporate plans nationwide with a broad provider network. Represents the large commercial incumbent that CASSEB's member community could migrate to if service quality or pricing deteriorates.

Direct peers

• Geap Saúde: Geap is a large Brazilian health plan operating as a self-managed nonprofit serving public servants and affiliated communities. Comparable to CASSEB as a nonprofit mutual-style health plan, though at significantly greater national scale.
• CABERJ: CABERJ is the assistance fund for former BANERJ (Banco do Estado do Rio de Janeiro) employees, offering healthcare plans to its member community. Direct reciprocity partner of CASSEB with identical nonprofit mutual model anchored to a state-bank employee base.
• Postal Saúde: Postal Saúde provides healthcare benefits to Correios (Brazilian postal service) employees and dependents. Comparable to CASSEB as an employee-derived nonprofit health plan with ANS regulation and a defined member community.
• Caixa de Assistência dos Empregados do BANESE: The BANESE employees' assistance fund provides healthcare benefits to current and former Banco do Estado de Sergipe employees. Direct reciprocity partner of CASSEB with the same nonprofit mutual model and pre-1998 plan heritage.
• BEMGE CAIXA: BEMGE CAIXA is the Caixa de Assistência for former Banco do Estado de Minas Gerais employees, providing healthcare assistance to its members. Reciprocity partner of CASSEB and structurally analogous as a regional state-bank mutual health plan.
• CAMED: CAMED is a Caixa de Assistência (employee assistance fund) for Banco do Brasil employees, providing health insurance and medical assistance to a defined member community. Direct reciprocity partner of CASSEB and structurally identical as a mutual aid health plan tied to a state-bank workforce.
• ASFEB: ASFEB is a Bahia-based association/fund providing healthcare benefits to its member community. Direct reciprocity partner of CASSEB, sharing the same regional nonprofit mutual model and beneficiary profile.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/casseb

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles22 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CASSEB