Venture Concept 2

1. In my first venture concept I explained that there has always been a need for improvement within the healthcare community. Many lower class and poverty driven areas are left in the dust when it comes to healthcare. Many can not afford health insurance and in the case that they can afford it there insurance package is nothing of value. Affordable insurance plans often include extremely high deductible payments as well as little to no coverage. It has been proven that in these areas of poverty, obesity, heart disease, heart attacks, diabetes and many more health concerns are at an all time high due to lack of insurance, financial stability and healthcare awareness. Financial burden is on of the main reasons people don't take an active hand in their healthcare insurance. I worked in a healthcare clinic that is a non profit organization that caters to the underinsured and no insured patients. Throughout my time there I experienced and noticed the need for a better outreach regarding program and insurance plans that would benefit these people. Many of these people are not only in these lower poverty areas but sometimes homeless and lack the knowledge of programs that will help them. Another common problem is the lack of schooling makes it hard for these people to fill out and understand these lengthy applications. By allowing a representative fluent in a patients first language there available for appointment to sit down with these patients and fully explain healthcare aspects, as well as sit with them walking them through the applications step by step will benefit the patient. The lack of awareness in these communities is sad and someone has to be one fighting in their corner. My service will partner with insurance companies and clinics to provide a representative in each location there for patients to make an appointment to get all the information needed, an questions answered, and to know their options and plans for healthcare insurance or government assisted program that they might qualify for. This will be offered in different languages to cater best to each patients needs. I truly do see a need for my service and others have expressed this as a need as well. My service will go hand and hand with clinics and insurance companies to better serve the people which in turn will not only benefit the patient but the insurance companies, clinics and improve health care.

As of right now and what I know is that there is no other service catering like mine is trying too. There are ones like it such as Medicare and Medicaid representatives come out to clinics and help patients get approved. The problem with this is and this is where my product comes in is many people who need the financial assistance or the healthcare insurance don't meet the requirements to be approved for Medicare and Medicaid. Leaving the patients that don't qualify still at a disadvantage. My product which is a service can help improve this would be around for a long time and only improve over time to cater to each patient personally. These improvements would include not only helping with insurance but helping with other government assisted programs. To be able to provide the best hands on knowledge would definitely help so many people.The need for this and the problem has always existed and will continue to exist but my service will provide an action plan to help and by helping even one person has already changed someone's life, provide income to insurance companies and clinics as well started taking a step to improve the healthcare industry. 

2. I was told I need to find a better way to create a profit, that my idea might be giving and not receiving enough. Although this might be true I'm not one hundred percent sure how I would pave the way for more profit. My product is mostly service but I did add some of the improvements such as many different language accommodations. I would allow us to be complete representative allowing for the patient to receive the most benefits. 

3. The way I changed it as discussed before was adding language accommodations and allowing the patient to receive the most out of my service. Again like said before still trying to identify a way to allow for more profit. I did also suggest that clinics could pay us to provide our services or these patients. 

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