Launch HN: Savvy (YC W20) – Give employees tax-free cash for health insurance

Re:Launch HN: Savvy (YC W20) – Give employees tax-free cash ... by jcrben on Monday March 09, 2020 @04:41PM (#22529534)

As someone with a chronic illness, thank you for this. I don't want my employer to be responsible for my insurance. I want portability and privacy. I want more than just the options my employer decided to pick.

If this becomes a trend, we could see the individual ACA marketplace strengthened. Right now part of the problem is that they are missing a lot of the healthy people in the group market, which is partly why the big insurers have left the market - for example, the California exchange is missing UnitedHealthcare, Aetna, and so on.

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Re:Launch HN: Savvy (YC W20) – Give employees tax-free cash ... by kevc on Monday March 09, 2020 @06:32PM (#22530619)

Thanks! We appreciate it. We believe Savvy and the new regulations will strengthen the individual market.

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Re:Launch HN: Savvy (YC W20) – Give employees tax-free cash ... by jcrben on Tuesday March 10, 2020 @03:42AM (#22533502)

I spent a few years as an insurance regulator (albeit on the P&C side) and I was following these regulations. I'm glad that you are out there evangelizing this, but I think in the long-run you may have to figure out how to provide additional value or you may be disintermediated. We are already at the point where we need to wring every little bit of unnecessary cost out of healthcare.

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Re:Launch HN: Savvy (YC W20) – Give employees tax-free cash ... by PunksATawnyFill on Tuesday March 10, 2020 @06:19AM (#22534226)

They didn't leave the market for that reason.

Aetna, for example, left to spite the government for blocking its merger with Humana, and lied about it: http://money.cnn.com/2017/01/24/investing/aetna-obamacare-hu...

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