Minneapolis health insurance startup Bind Benefits raises $105 million

Minneapolis-based Bind Benefits says it has raised $105 million to support the startup company’s continued growth in the market where employers buy health insurance. Last month, Bind announced plans to start selling coverage to employers with 50 or more workers seeking “fully insured” coverage — a new set of customers beyond the company’s initial business providing administrative services to “self-insured” employers that take the risk for health plan costs.