Earlier quoted context omitted.
> We think its the best solution to the employer demanding positive ROI on the disease management and telehealth based solutions Just rereading this one line - again, I'm pretty sure your motives are noble, and perhaps you can move the needle a bit. But... why should employers be demanding positive ROI on something that isn't their core business? "Employers" as a whole, having to learn about various 'insurance' optio…
You nailed it on the head. Employer based insurance is at the core a monstrosity. I hope these founders make a dent in cost but ultimately i dont see how any ROI will translate to lower industry costs, especially since outcomes-based billing is just another more confusing way to ration care and squeeze independent doctors to work for larger systems that can do the accounting. And squeeze the little guys, and everyone…
As for employer-based insurance, it is the market that more than 50% of all people get their insurance from currently [1]. Is it the best way to make sure people get access to care? No, its just a convenient way to pool risk, and there are significant tax and regulatory support structures in place to prop it up. No private enterprise is going to change this and it is unreasonable to expect that outside of massive political and regulatory changes. And when that revolution happens, our technology and infrastructure will be able to continue delivering the same positive benefits to the disaggregated community because quite frankly we are agnostic to whether 50,000 people are insured by us through 250 employers or as individuals - we are still treating the issues being faced by the people in the community.
[1] KFF Data https://bit.ly/3IFQkoB