3 ms·

Hey All! Co-founder here. Would love any and all feedback, and here to answer any questions you might have.

nathanaldensr 11y ago
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.
- pbreit 11y ago
  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.
  - nathanaldensr 11y ago
    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.
  - yummyfajitas 11y ago
    We don't have the least amount of government involvement. We're #3 in the world in terms of government spending, at least. (Measuring regulatory involvement, which includes things like lawsuit-preventative medicine, is trickier.) http://www.forbes.com/sites/theapothecary/2014/10/01/landslide-in-referendum-swiss-voters-reject-single-payer-health-care-62-38/ http://www.forbes.com/sites/theapothecary/2014/10/01/landsli... If you want to see little government involvement, look at India (that's where I go when I need work done).
- thetakach 11y ago
  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.
  - nathanaldensr 11y ago
    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-massive-obamacare-premium-increases-will-dominate-2016/ http://www.breitbart.com/big-government/2015/07/06/ouch-mass...
    - deleted 11y ago
      [deleted]
    - dang 11y ago
      Let's not get hung up on the wording of the title. Obviously no one is claiming to eliminate all health care costs. The intention is clearly to spare employees out-of-pocket expenses. We'll change the title in an attempt to make it less ambiguous, but please let's stick to the substance from now on.
ohsnap 11y ago
Great idea. Where do you get the cost of a medical procedure? Any resistance from medical providers for providing 'quotes'?
- thetakach 11y ago
  Thank you so much!! We contract directly with the medical providers so we know the prices. The best providers want more patients and have been really receptive.
throawayalwayz 11y ago
How can employees trust your recommendation? i.e. why should they believe that you are steering them towards high quality low cost providers instead of low quality low cost providers? Why should they believe in the quality of your recommendations?

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.

pbreit 11y ago
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.
- nathanaldensr 11y ago
  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.
- yummyfajitas 11y ago
  We don't have the least amount of government involvement. We're #3 in the world in terms of government spending, at least. (Measuring regulatory involvement, which includes things like lawsuit-preventative medicine, is trickier.) http://www.forbes.com/sites/theapothecary/2014/10/01/landslide-in-referendum-swiss-voters-reject-single-payer-health-care-62-38/ http://www.forbes.com/sites/theapothecary/2014/10/01/landsli... If you want to see little government involvement, look at India (that's where I go when I need work done).
thetakach 11y ago
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.
- nathanaldensr 11y ago
  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-massive-obamacare-premium-increases-will-dominate-2016/ http://www.breitbart.com/big-government/2015/07/06/ouch-mass...
  - deleted 11y ago
    [deleted]
  - dang 11y ago
    Let's not get hung up on the wording of the title. Obviously no one is claiming to eliminate all health care costs. The intention is clearly to spare employees out-of-pocket expenses. We'll change the title in an attempt to make it less ambiguous, but please let's stick to the substance from now on.

ohsnap 11y ago

Great idea. Where do you get the cost of a medical procedure? Any resistance from medical providers for providing 'quotes'?

thetakach 11y ago
Thank you so much!! We contract directly with the medical providers so we know the prices. The best providers want more patients and have been really receptive.

throawayalwayz 11y ago

How can employees trust your recommendation? i.e. why should they believe that you are steering them towards high quality low cost providers instead of low quality low cost providers? Why should they believe in the quality of your recommendations?