CareLedger (YC S15) Aims to Provide Free-to-Employees Medical Care
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Re: CareLedger (YC S15) Aims to Provide Free-to-Employees Medical Care
#2Hey All! Co-founder here. Would love any and all feedback, and here to answer any questions you might have.
Re: CareLedger (YC S15) Aims to Provide Free-to-Employees Medical Care
#3Hey All! Co-founder here. Would love any and all feedback, and here to answer any questions you might have.
I'm sorry but "free medical care" is just click-bait--TANSTAAFL, and all that. Medical care will continue to get more and more expensive as long as the government, massive insurance companies, pharmaceutical companies with monopolies over production, etc. continue to dominate medicine.
This is one case of "I'll believe it when I see it."
EDIT: I didn't notice this at first, but the first paragraph of the TechCrunch article says "workers of the world," so this wild dream isn't limited to the US, it seems.
Re: CareLedger (YC S15) Aims to Provide Free-to-Employees Medical Care
#4Hey All! Co-founder here. Would love any and all feedback, and here to answer any questions you might have.
I'm sorry but "free medical care" is just click-bait--TANSTAAFL, and all that. Medical care will continue to get more and more expensive as long as the government, massive insurance companies, pharmaceutical companies with monopolies over production, etc. continue to dominate medicine. This is one case of "I'll believe it when I see it." EDIT: I didn't notice this at first, but the first paragraph of the TechCrunch a…
Don't want to get too political but you do realize that the USA has the most expensive healthcare and the least amount of government involvement? And the worst outcomes.
Re: CareLedger (YC S15) Aims to Provide Free-to-Employees Medical Care
#5Earlier quoted context omitted.
I'm sorry but "free medical care" is just click-bait--TANSTAAFL, and all that. Medical care will continue to get more and more expensive as long as the government, massive insurance companies, pharmaceutical companies with monopolies over production, etc. continue to dominate medicine. This is one case of "I'll believe it when I see it." EDIT: I didn't notice this at first, but the first paragraph of the TechCrunch a…
Don't want to get too political but you do realize that the USA has the most expensive healthcare and the least amount of government involvement? And the worst outcomes.
It's a combination of all those factors, plus other factors like lawsuits and such, that, in my opinion, combine to make medical care so expensive here.
I'm not sure how your question relates to my comment.
Re: CareLedger (YC S15) Aims to Provide Free-to-Employees Medical Care
#6Hey All! Co-founder here. Would love any and all feedback, and here to answer any questions you might have.
I'm sorry but "free medical care" is just click-bait--TANSTAAFL, and all that. Medical care will continue to get more and more expensive as long as the government, massive insurance companies, pharmaceutical companies with monopolies over production, etc. continue to dominate medicine. This is one case of "I'll believe it when I see it." EDIT: I didn't notice this at first, but the first paragraph of the TechCrunch a…
Free medical care in this case means that an individual with health insurance would NOT need to pay the additional out-of-pocket costs associated with a procedure or test. This out of pocket component is comprised of the deductible, copay, and coinsurance. Currently, if you have insurance and get a $5,000 procedure, you have to pay several thousand after the fact. CareLedger rewards the individual for going to a high quality, cost effective doctor and facility -- in this case free care.
Re: CareLedger (YC S15) Aims to Provide Free-to-Employees Medical Care
#7Earlier quoted context omitted.
I'm sorry but "free medical care" is just click-bait--TANSTAAFL, and all that. Medical care will continue to get more and more expensive as long as the government, massive insurance companies, pharmaceutical companies with monopolies over production, etc. continue to dominate medicine. This is one case of "I'll believe it when I see it." EDIT: I didn't notice this at first, but the first paragraph of the TechCrunch a…
Free medical care in this case means that an individual with health insurance would NOT need to pay the additional out-of-pocket costs associated with a procedure or test. This out of pocket component is comprised of the deductible, copay, and coinsurance. Currently, if you have insurance and get a $5,000 procedure, you have to pay several thousand after the fact. CareLedger rewards the individual for going to a high…
The care is not free. Someone is paying for it--the employer, the government... someone. My issue is with the click-bait title that doesn't accurately convey what it is you folks claim to do. "If you have insurance" is a huge if; it means either the employer is paying for some or all of that insurance, or the employee themselves is paying for it. Have you see insurance premiums lately? Are you aware of how much they are projected to increase next year?
http://www.breitbart.com/big-government/2015/07/06/ouch-mass...
Re: CareLedger (YC S15) Aims to Provide Free-to-Employees Medical Care
#8Are there any hidden costs? I mean how would you make money?
Re: CareLedger (YC S15) Aims to Provide Free-to-Employees Medical Care
#9Are there any hidden costs? I mean how would you make money?
No hidden costs! We work on a shared savings model. We analyze the employer's current paid price for each procedure and test. The delta between this current average for a procedure and the actual price is the savings. We split this savings between us, the employee (in the form of paying their out of pocket expenses, and the employer. We only get paid when we actually drive savings.
Re: CareLedger (YC S15) Aims to Provide Free-to-Employees Medical Care
#10Earlier quoted context omitted.
Free medical care in this case means that an individual with health insurance would NOT need to pay the additional out-of-pocket costs associated with a procedure or test. This out of pocket component is comprised of the deductible, copay, and coinsurance. Currently, if you have insurance and get a $5,000 procedure, you have to pay several thousand after the fact. CareLedger rewards the individual for going to a high…
The care is not free . Someone is paying for it--the employer, the government... someone. My issue is with the click-bait title that doesn't accurately convey what it is you folks claim to do. "If you have insurance" is a huge if; it means either the employer is paying for some or all of that insurance, or the employee themselves is paying for it. Have you see insurance premiums lately? Are you aware of how much they…
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