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Archive for July 10th, 2018

Idea : Health Insurance for 65+

Apparently one of the biggest concern for retiring is rising health costs.

What if there is a company which collects nominal insurance premium for < 40 years people until they become 60 and starts giving health insurance with zero premium from 65+ ?

Company had more than 25 years to make enough profits on the pre collected premiums.

Company can put restriction of maximum cap on insurance amount per year (Like they do in India) That way it can minimize risk and calculate its costs with confidence.

posted by chavakiran in Business Idea,English and have No Comments