Could we explore alternative, privatized pooled plans to alleviate healthcare expenses for families and business proprietors? There are innovative approaches to revolutionize the health insurance sector. Would you be interested in contributing to this endeavor?

According to the Kaiser Family Foundation, the average national monthly health insurance cost for an individual on an Affordable Care Act (ACA) plan in 2024 stands at $477, exclusive of subsidies and additional expenses like copayments, coinsurance, or deductibles. Such premiums could pose significant financial strains on families.

Businesses encounter challenges in providing comprehensive benefits to their employees, given the associated costs which could potentially strain their financial resources. However, they recognize the importance of offering benefits to retain skilled personnel. A notable trend among larger corporations is the shift towards self-funded plans, prioritizing both the economic viability and well-being of their workforce.

Small enterprises often feel constrained to opt for either traditional health insurance or no coverage at all. But is that truly the only viable option? There exist non-traditional avenues, and we aspire to disrupt the health insurance landscape.

Consider the remarks of Mark Cuban, who advocates for larger companies to employ in-house experts dedicated to managing the economics and wellness aspects of their employees. Cuban's firsthand experiences with traditional insurance and healthcare costs have spurred him to action. (see article)

In our perspective, traditional insurance models are intentionally convoluted and intricate. While health insurance may indeed be costly and confusing, healthcare itself doesn't necessarily have to follow suit.

We are particularly enthusiastic about emerging disruptors in the market such as virtual healthcare independent of insurance, privatized/pooled healthcare solutions, and direct-to-consumer prescription services like Mark Cuban's Cost Plus Drugs.

Health insurance may be expensive, but healthcare need not be. How are you fostering innovative thinking in this realm? Allow us at Legacy Healthcare Solutions (a division of Legacy Purchasing Group) to assist you in exploring alternative pathways forward.