The clock struck 2 AM on Jan 21, 2025

SOURCE: EKO

In Treasury’s basement, fluorescent lights hummed above four young coders. Their screens cast blue light across government-issue desks, illuminating energy drink cans and agency badges. As their algorithms crawled through decades of payment data, one number kept growing: $17 billion in redundant programs. And counting.

“We’re in,” Akash Bobba messaged the team. “All of it.”

Continue reading OVERRIDE – INSIDE THE REVOLUTION REWIRING AMERICAN POWER

“Fully-insured carriers have to have a medical-loss ratio (MLR) of at least 85%, which means that 85% of the premium needs to go toward medical care. If a group has fewer expenses than that amount, the carrier needs to refund those premiums. This setup does not incentivize prudent financial behavior. For the health plan, it does not matter if a group has 60% or 70% in medical expenses. They will always make the same profit” – Jan-Felix Schneider

Continue reading Quote of The Day

“Don’t bother doing something unless you’re radically different from the competition” – Richard Branson

A Synthetic Captive has similar advantages of a Captive including underwriting profit sharing and pooling of selected risks only.

Continue reading The Power of A Synthetic Captive