The Ledger, every show
Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.
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every show 44 of 44
Ellis: George Washington accumulated $38B equivalent pioneering early VC concepts
“Over 15 years, he pioneered a lot of the concepts in BC, like general partnership, limited partners, carried interest. He accumulated over that time assets that today would be equivalent to like thirty eight billion dollars in, you know, adjusted GDP terms.”
Ellis: Roughly 10% of US VC Dollars Go Directly to Health Insurers
“Something like 10% in the U.S.,
10% of VC dollars go directly to health insurance companies.”
Ellis: ICHRA will be health insurance's primary growth tailwind for 10 years
“And there's only one pocket of growth that is small today, but is seeing triple-digit growth year over year. That could be that next big secular tailwind for the next 10 years.”
Ellis: Tatch closed an embedded distribution partnership with QuickBooks and Allstate
“We were able to close a really big partnership with QuickBooks and Allstate to distribute that into their payroll system.”
Ellis: One in six Americans stays in a job to keep healthcare
“You have this situation today where, you know, one out of six Americans actually stays In a job they would otherwise leave for fear of losing their health care coverage.”
Ellis: ICHRA is here to stay despite potential regulatory shifts
“Like I think IPRA is here to stay, but there are certainly things that you know, are coming that could affect could affect the business model and the market overall.”
Ellis: Enhanced IRA subsidies grew individual health market from 11M to 21M
“The government created these enhanced subsidies for the individual market that allowed individuals to take advantage of more and more government help to purchase individual plans, and this had the effect of both increasing the total participation from around 1…”
Ellis: On-exchange and off-exchange health markets may soon decouple
“And so we may see a decoupling of the on exchange and the off exchange markets quite soon.”
Ellis: Expanding individual health rails will make launching insurance startups easier
“When you play this forward, you know, 10, 2030 years, one of the things that gets us really excited is this idea That it will be a lot easier to start a health insurance company and to create a competitive product.”
Ellis: All major employer health insurers predated the internet
“All of the major employer sponsored health plans Blue Cross, United, Cigna, Aetna, they were all founded before the internet and there has been no new companies formed in decades.”
Ellis: US Healthcare Accounts for Nearly 20% of GDP
“Almost
20% of GDP is healthcare.
If it was its own country, it would be bigger than basically every other country but China.”
Ellis: Tatch reached $500K run rate and 100 companies in one month
“And if we weren't ready at that time, I mean, we go up with like zero customers begging our first users. So having like a hundred companies and, you know, half a million run rate in like a month from zero.”
Ellis: Tatch serves about 1,000 companies and tens of thousands of employees
“We've got, you know, around about a thousand or so, you know, companies give it, give or take in terms of the scale as there's employees at those companies, you know, we're in the tens of thousands.”
Ellis: Employer health insurance market exceeds Medicare and ACA combined
“The employer market is larger than Medicare. It's larger than ACA combined. It's just the biggest market.”
Ellis: Treasury underestimated 10-year HSA adoption despite missing 4-year targets
“So the Department of the Treasury oversaw the implementation of HSAs, and I remember asking him four years in, okay, you had your government projections, like, how, how were they? Were they overestimates or underestimates? And he told me, oh yeah, we way overe…”
Ellis: Carriers launching insurance plans designed specifically for ICHRA
“Many of them for this coming year and the next year are already launching plans really only focused for the ECRO market.”
Ellis: US employer healthcare system resulted from WWII wage freezes
“So, in 1929, we had our first employer-sponsored health plans with Blue Cross, and people forget. The first 10 years of it was like a super niche product that nobody used, and it wasn't actually until World War II, where you had a lot of the labor market going…”