Row Partners | Lunch With Row — Episode 8B

0:00 [music]

0:15 In the same way that a Costco or a Sam’s Club has changed the grocery industry,

0:20 [music]

0:21 if you could figure out a new distribution model for health insurance into the marketplace, not through the big carriers, but a new way to get the

0:30 health insurance to that end [music] user. It would be a game changer.

0:36 [music]

0:36 You know what I like, Dan, is that Rorow Partners allows its clients to participate in their health insurance plan that they have, but but you don’t

0:44 require that. You don’t force that. In fact, you charge the same price whether they take your health insurance or not.

0:49 And I think that’s really that’s really interesting because what it shows is that you’re not you’re not trying to [music] take advantage of people. you’re not you don’t have any hidden incentive

0:57 or or hidden revenue stream there. A lot of the big insurance companies are just taking advantage of businesses these days. If they can increase their [music]

1:05 cost to a certain extent, they will every time they’re maximizing their profits [music] and and driving these costs up. And as more insurance

1:12 companies do that, the entire industry [music] just experiences this kind of inflation.

1:22 Row Partners on the other hand is trying to approach their health insurance differently. They [music] are medically underwriting, being aggressive in approaching groups and keeping costs

1:31 down. And we’re seeing that your insurance renewals are way lower than we’re [music] seeing from other large insurance companies. And I think it’s really the incentive for Row Partners is

1:40 just to provide an extra benefit to their [music] to their clients and and companies. And and I love that.

1:48 [music]