-2 karma · joined November 13, 2020
Long story short, it was useful and viable even though we didn't have charging.
Also read the 2 links provided above, because I was interested. On the second page 'what will the union do" the answer is 'its up to us', so I tend to agree, it's not clear what they are asking for yet.
So putting the cash to work (in a reverse repo) even at 0.05% allows them to convert it to an asset and generate some return.
But they never got to the meat, which is how do you make sure each interaction is creating the maximum benefit for the patient, with the minimum amount of money spent.
How do you identify the big drivers of cost and illness, and can you address them better than the current system.
I suspect that they didn't want to become a payor or a provider (both of which are more complex), and thus were limited to generating ideas. It's sort of what Verily is doing, but they seem to have deeper pockets and a longer timeline to work with.
After 3 years the best they could come up with is telemedicine, making insurance easier to understand, and group purchasing of medications?