Earlier quoted context omitted.
> If we bring competition between the hospitals with price transparency, the prices will fall dramatically. How do you envision this working for say emergency care, where as a patient you may not be in a state to make an informed decision about which hospital to visit?
Most ER visits are not life or death situations, and most would make a 20 minute drive over a 10 minute drive if it meant saving $1k. So the incentive is still there. You can say that I'm valuing money over lives in this example, but I think we'd be picking the lesser of two evils, as it's becoming increasingly evident that socialized medicine is stacking up its own body count. Working with society is all about incen…
Being laid off and unplanned entrepreneurship
141–150 of 168 posts
Re: Being laid off and unplanned entrepreneurship
#142Earlier quoted context omitted.
It’s not as easy in reality as theory. 1) Services are often unique per patient. Even for patients with the same ICD-10 codes, the quality of service will vary. Hospitals cost different amounts to run. If you always peg the price to the lowest, it will be a race to the bottom for quality of service. 2) Patients are unique, with different health profiles, with different preferences for paying. Markets are different. S…
Regarding #3, do you mean in the United States? That's not generally true. Your health insurance premiums, under normal employer plans, are not tax deductible, but they are paid pre-tax. Additional out of pocket healthcare expenditure is only deductible if you itemize your deductions and you're only allowed to deduct medical expenditures in excess of 7.5% of your income (AGI to be technical).
Re: Being laid off and unplanned entrepreneurship
#143Earlier quoted context omitted.
> but also good health insurance. I'm always amazed how blatantly clear it is that having health insurance tied to employment specifically discourages this kind of entrepreneurship, and the ability to "strike out on your own". Literally handcuffs keeping people at their jobs.
Alright here are three health care reforms that we could implement without going all the way to Universal Health Care: 1. Anyone who pays cash for a procedure should pay a price that is no more than the lowest price that any insurance company has negotiated for the same service. 2. Anyone who buys a health care plan from the marketplace should get a price that is no more than 10% higher than the cheapest negotiated p…
Re: Being laid off and unplanned entrepreneurship
#144Had an epiphany like this after an earlier startup project failed, which my cofounder and I had tried to do following the formulaic approaches advocated by various accelerators, investors, and experts (often people with zero experience running a startup, but had been involved as angels after BigCo stock options vested, and then got into mentoring local accelerators). I hated the startup theater, pitching, networking,…
You must have picked out your:
- Payment provider (e.g. Stripe)
- Authorization server (e.g. Auth0)
- Backend language and framework
- Frontend language and framework
- CMS for your website (e.g. Wordpress)
What else is there in your list of things you had to pick when starting a project? I'm very curious.
Re: Being laid off and unplanned entrepreneurship
#145Re: Being laid off and unplanned entrepreneurship
#146Earlier quoted context omitted.
Yep. I’ve been saying for awhile now that universal healthcare would likely lead to one of the biggest small business booms ever. Not only does it help people strike out on their own, but makes easier/cheaper for them to hire.
I'm going to be honest, I don't believe this at all. It seems like one of those things that everybody says because they want it to be true.
Re: Being laid off and unplanned entrepreneurship
#147Earlier quoted context omitted.
Most ER visits are not life or death situations, and most would make a 20 minute drive over a 10 minute drive if it meant saving $1k. So the incentive is still there. You can say that I'm valuing money over lives in this example, but I think we'd be picking the lesser of two evils, as it's becoming increasingly evident that socialized medicine is stacking up its own body count. Working with society is all about incen…
What non-emergencies typically bring you to the ED?
Re: Being laid off and unplanned entrepreneurship
#148Earlier quoted context omitted.
I'm going to be honest, I don't believe this at all. It seems like one of those things that everybody says because they want it to be true.
Ya. It sounds good. But then the question is why doesn’t every other country destroy US in entrepreneurship? Why does US still have so many small businesses?
Re: Being laid off and unplanned entrepreneurship
#149Earlier quoted context omitted.
I'm going to be honest, I don't believe this at all. It seems like one of those things that everybody says because they want it to be true.
Ya. It sounds good. But then the question is why doesn’t every other country destroy US in entrepreneurship? Why does US still have so many small businesses?
Re: Being laid off and unplanned entrepreneurship
#150Earlier quoted context omitted.
Is that universal healthcare with extra steps? Almost, but on a serious note, why not go all the way with universality?
Because universal healthcare is not the best solution, as is becoming increasingly evident in Canada and the UK. We need to fix the price gouging in the medical system by incentivizing competition. With the way things are currently set up in the US, the hospitals are essentially written a blank check any time a patient steps foot on their premises. If we bring competition between the hospitals with price transparency…