What will their disruption be?
How about delinking insurance to healthcare. Let me buy healthcare the day i need it. And nothing the day after i dont.
No more having healthy people pay for sick people: no more young pay for the old.
Create something we cant imagine; like uber; like Facebook
This is actually a dangerous mentality to have in a generic sense. However, having a healthcare system where rich(er) people bear the brunt of the poor actually makes sense and has even worked out well in some countries in EU.
And don't forget, one day you'll be old or sick, so I hope you have a lot of money saved :)
About having a lot of money saved....after a prosthetic implant i added up stuff. $143,000 spent on insurance since 2005. Part employer part me. Up until the prosthetic less than $5k (if that) on health. $143k is almost 3 years pay. I would have rather had it paid to me. Then i would have spent my money for my healthcare
What would you do in the unfortunate event that you required medical treatment that cost 10x your annual pay (a real possibility)?
Absent an insurance policy, who would you expect to pay for that? Or would you instead expect your employer to pay you (and everyone else) the maximum theoretical health care costs you might incur? That's not possible in any system.
The point of shared risk pools is to protect people against such extreme outlier costs, and you've been the beneficiary of other people keeping up their end of that contract.
What kind of rides were enabled by Uber, that couldn't be done by cab?
I work at a retailer where 20-30% more probably) use their phone to get to work. Its affordable and allows taking the job. $5 to get home. Cabs were $11 and importantly unreliable.
Have a phone; get a ride anytime.
And.. A person i work with finishes her shift and turns "on" her Uber driver mode and instantly becomes a cab. Uber is an on/off switch for cab supply. To me that is very different.
Imo before uber one could not even think transportation was easy.
Its not the Pepsi Generation it's the Uber Generation