Welcome to aaron chua make money blog

Hi, welcome to my blog. In this part of my world, I talked about how to achieve financial freedom by learning how to make money online through creating sites and earning from them.

Below are some current and past make money projects that details my learning journey.

My current experiment in making 50 amazon site niches. If you have not been following this challenge, best place to start is this resource page for the amazon challenge, that lists all the articles that I have written so far.

My experiment in making 1000 a month through adsense in 9 months.

If you came here looking for low cost startup ideas, here are 140 startup ideas that you can browse through.

Saturday, 26 April 2008

Startup Idea #53: Lower premium for healthcare insurance through a network of medical tourism hubs

Continuing from these series of posts about improving healthcare (see this post for articles, see this post of a possible idea for a new healthcare startup), another idea is to provide cheaper insurance for companies to provide their employees.

Rising insurance cost for healthcare is a growing issue and this has forced companies to provide inadequate coverage for their employees. Our model is to create a network between medical tourism hubs such as Singapore, Thailand et al and provide insurance coverage that requires the patients to travel to these cheaper places for their healthcare needs. As the costs of these hubs are significantly lower than developed countries such as the US, the insurance premium needed will be much, much lower. Companies can then take advantage of the lower insurance premium to provide better coverage.

In the 2.0 spirit, all these transactions can then coordinate via the web, similar to what Weatherbill has done for weather insurance. Through this site, companies can purchase, compare, transacted on their insurance needs. Individuals of course can also purchase personal healthcare insurance through this site.

Comments anyone?