Interviews with CEOs and Entrepreneurs about the frameworks they are using to build and scale their businesses.
Episodes
Monday May 23, 2022
Monday May 23, 2022
Shane Foss is the founder and CEO of Hooray Health, a limited benefit medical plan provider focused on providing practical health care plans and protecting their members against predatory balanced billing practices. We talk about the main stages of a business life cycle, how to avoid the predatory balance billing trap, and the main drivers of the medical debt crisis.
Time Stamps
[00:41] Shane’s entrepreneurial journey
[02:16] The Darkside of healthcare in the US
[04:49] Understanding the main stages of a business lifecycle
[08:12] How to measure the main phases of a business lifecycle
[11:55] The right time to scale your business
[12:34] Key elements of the business testing phase
[13:47] How Hooray Health stands out as a health insurance provider
[18:45] Why Hooray Health is not a replacement for major medical
[20:13] Gen X and Millennials love for supplemental health benefits
[21:54] How to avoid the predatory balance billing trap
[24:10] Explaining the meaning of balance billing in health insurance
[26:15] How heath care providers tackle the medical debt crisis
[29:32] Growth drivers in a health insurance firm like Hooray Health
[31:31] Parting thoughts
Links and Resources
Steve’s and Greg Cleary’s New Book: Pinnacle: Five Principles that Take Your Business to the Top of the Mountain
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