1/ I’m constantly surprised at how few companies / organizations focus on national health insurance. There are tons of organizations focused on providing care, and almost none focused on paying for it.
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4/ Health insurance isn’t glamorous, but chances are it’s how most countries will eventually achieve universal health coverage. I don’t think there’s one country that has achieved universal coverage without a national insurance system.
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5/ To add icing on the cake, health insurance is a great software problem. Software is far from a silver bullet, especially given global health’s IT graveyard. But few aspects of healthcare lend themselves to software as well as insurance.
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6/ Insurance is mostly about moving money and data around at scale according to a set of rules. That’s what software does best! All else equal, I’d pick an insurance company that runs entirely with code rather than with people.
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7/ We’re at a unique moment in time where, in the next decade or so, most countries will implement national health insurance systems. After that, the greenfield opportunity is gone forever, and it’s a legacy systems / software problem.
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8/ Blows my mind there aren’t more ppl in this space. If you’re looking for what’s next, consider starting a company to compete with us or join our team. The work isn’t easy, but there’s a path to helping hundreds of millions of people access better care:http://watsi.org
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