Lack of bureaucracy
Watsi — the first nonprofit to go through Y Combinator, a kind of prestigious boot camp for startups — is a tech product at its core, Adam said. And it’s not exactly revolutionizing the traditional health funding model: pooling money and disbursing it to hospitals to pay for medical expenses. But what makes Watsi unique in the global health care sector, its backers say, is its absence of bureaucracy and intense focus on efficiency and data analysis.
“This isn’t something that’s new — the dynamic of people supporting other people when they need help,” Garey said. “But the Internet can be applied as a massive lever and democratize access.”
Last year was Watsi’s biggest yet, funneling $1.67 million from nearly 8,000 donors — double the amount it saw in 2014. The goal, Adam said, is to double contributions every year.
But ultimately, Adam doesn’t care if Watsi survives indefinitely. It’s the underlying technology he hopes governments, companies or nongovernmental organizations adopt to streamline their health funding processes and, someday, establish a universal health care system.
Published by connie dello buono
Connie Dello Buono is based in Sunnyvale California. Her first ebook is about women's health, Birthing Ways Healing Ways and her recent one is about cancer prevention, Curated Healing Ways. She had helped women have holistic childbirth as childbirth educator, founded Motherhealth, to serve seniors in the bay area with holistic caregivers and blogs at www.clubalthea.com with more than 10,000 health and finance related posts.
Connie trains her own caregivers, which are the favorites of most bay area seniors who are home bound and alone.
She is active in the rehab and nursing facilities, volunteering on music and movement for seniors.
She is a member of Lion's club and offered scholarships to students in the Philippines.
She is active at churchinsunnyvale.us and has Fridays Bible home study in Sunnyvale using the recovery version of the Bible , free at biblesforamerica.us
She loves dancing and teaching and her courses can be found at
https://teachclub.com/@thriveafter60
She is California Life Insurance licensed providing life insurance for older adults with health issues and helping women retire safely with income for life.
at menloassetca.com , she helps with 401k rollover.
3 Benefit plans
- Mortgage protection using term life insurance to pay for mortgage balance in event of death
- Final Expense plan using Single Issue Whole Life Insurance, with cash back, disability benefit and guaranteed in the presence of health issues
- Fixed Index Annuity retirement plan for safe, accessibility, less fees, less taxes, avoids probate as it goes directly to beneficiaries, rate of return with no downside market participation.
She brings compassion and understanding to the needs of her clients, bringing holistic approach in health and life insurance. Her goal is to free families from worries especially during covid with caregivers and life insurance in the presence of health issues, especially for women.
She can be reached at 408-854-1883 , motherhealth@gmail.com
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