On this episode, Elio interviews Sam Baddoo, Founder of Fleri. Fleri helps immigrants protect the people who matter most back home with health insurance. Every year immigrants in the Diaspora send billions of dollars to Africa oftentimes to pay for healthcare. Without direct insight into how the funds are being spent and whether adequate treatment is being provided, immigrants are left to worry about whether the money they are sending will contribute to their loved ones’ wellbeing. Fleri is changing that by allowing immigrants to purchase health insurance for their loved ones creating a win-win-win-win situation for the policyholder, patient, doctors, and insurance companies. First, the policyholder knows that they are providing access to high-quality healthcare for their loved one and they can see what treatments have been received. Next, the patient has access to vetted physicians and receives care in clinically sound facilities. The doctors are able to treat patients with the ability to pay thereby providing capital for infrastructure investment and finally, insurance companies have the premiums to build robust networks and offer more affordable plan options. Fleri is building a commercial solution to what has been an intractable problem in the developing world by creating a robust healthcare insurance ecosystem with incentives for all stakeholders. To get regular updates to your inbox visit www.614startups.com and sign up for our newsletter. You can also follow us on social media to join the conversation: IG: https://www.instagram.com/614startups/ Twitter: https://twitter.com/614startups Facebook: https://www.facebook.com/614startups Linkedin: https://www.linkedin.com/company/614startups
Podcast
March 25, 2024
