Thursday, April 23, 2009

The X PRIZE for Healthcare

Turns out that even insurance companies are frustrated with the healthcare system in the US. Wellpoint, one of the largest insurance companies in the US, has sponsored an X PRIZE to improve the current healthcare.

The Healthcare X PRIZE, as it is called, has just opened up calls for review of its initial prize design. If you are interested or vested in the American healthcare system, definitely check it out here. Also, I've had a look at their blog a bit, which I would highly recommend.

Surprisingly, inspite of the multitude of text, the concept is relatively easy to follow. Personally, I don't know that much about the healthcare system, but I do know that it is flawed. Yet, looking at the way the prize is designed, its HARD for me to give any sort of input. I once got into a discussion with Dr Vijay Goel, who is the spearheading the Healthcare X PRIZE, and came out feeling even stupider and more ignorant. I feel like I know even less about the flaws of the healthcare system. So I don't know how much I can contribute to this discussion.

Essentially, if I can direct any educated people towards this cause, I'll be better off in the long run. I, like many Americans, need better get on it folks!!

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