Alex Frommeyer

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Alex Frommeyer

Alex Frommeyer

@AlexFrommeyer

Founder and CEO Stack Health Co-Founder of @BeamBenefits #ownyourhealth advocate for free market healthcare

Columbus, OH Katılım June 2009
495 Takip Edilen2.5K Takipçiler

2026 Yıllık Özeti

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Alex Frommeyer
Alex Frommeyer@AlexFrommeyer·
One reason why houses get more expensive over time is because buyers purchase homes with only about 10-20% of the price, so the asset is being mostly purchased by the bank, not the homeowner. Today, employees similarly provide only about 10-20% of the total cost of healthcare, and employers cover the rest. Markets are responsive to buyers and their ability/willingness to pay. If those entities stopped underwriting the costs of houses and healthcare tomorrow, the market (healthcare providers, homebuilders) would have to respond in the form of lower prices. There is no reasonable scenario where homeowners could 'fill in the gap' and buy a home at today's prices without a mortgage; same with healthcare. People are excited about cash pay programs because of the potential to serve as a bottoms up attack on the bloat of healthcare.
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Alex Frommeyer
Alex Frommeyer@AlexFrommeyer·
@esaagar ideas on how to solve the house poor problem? large percentage of Boomers have 80%+ of their net worth tied up in their home and for good reasons aren't looking to sell until forced by medical necessity
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Saagar Enjeti
Saagar Enjeti@esaagar·
The current state of America: A boomer sitting in a home worth 5.2 Million that they bought for 100k rigging a system to pay the lowest effective property rate in the tri state area and then getting a reporter to defend him as “middle class”
Erik Engquist@erik_engquist

@SoBendito It's not inconceivable that the longtime owner of a $5.2M townhouse in Park Slope is middle-class. I know some personally. This guy bought in 1973. Probably paid about $100,000. In the mid 1960s these townhomes sold for half that much. Some of those owners are still in them.

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Alex Frommeyer
Alex Frommeyer@AlexFrommeyer·
@brian_blase phantoms off/out first. then we need to bring in actually healthier people to the pool; ICHRA will be rails to do it!
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@jason
@jason@Jason·
Does anyone have an exceptional hourly travel concierge? I'm able to handle 90% of my travel, but 10% of the time, when I'm traveling with a family or going somewhere unique, I could use someone with expertise.
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Blake Scholl 🛫
Blake Scholl 🛫@bscholl·
Request for Startup: Health insurance that lets you self-insure (i.e., cash pay) for small stuff, with reinsurance for extraordinary events. No claims processing except for extraordinary unpredictable things.
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Alex Frommeyer
Alex Frommeyer@AlexFrommeyer·
@esaagar look at what my friends in Louisville are doing to themselves here!
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Saagar Enjeti
Saagar Enjeti@esaagar·
It’s genuinely heartening to see how many people have taken up the mantle against the corrupt Florida boomer lazy golfing class that wants to doom productive people to blackness with permanent DST We will fight until our last breath to preserve our sleep and our vitality
Julian Mille☈@ATLAreaWx

This will be such a nightmare.

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Alex Frommeyer
Alex Frommeyer@AlexFrommeyer·
@esaagar the next great political axis will be the young v the old
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Saagar Enjeti
Saagar Enjeti@esaagar·
I have the courage to say what no politician will: If we're going to have property tax relief for any cohort by age it should be for those under age 35 All incentives should be explicitly age gated to EXCLUDE seniors
Saagar Enjeti@esaagar

.@kylascan: Empty nesters own about 28 percent of large homes in the U.S. Millennials with children own about 16 percent.

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Joe Lonsdale
Joe Lonsdale@JTLonsdale·
@Vivek4real_ Yes except that raising taxes is not too correlated with any of that, and is also often destructive - so this was a bit inelegant. My point is that my #1-10 goals don’t have anything to do with taxes.
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Vivek Sen
Vivek Sen@Vivek4real_·
PALANTIR CO-FOUNDER: “I’M F*CKING RICH, MICHAEL.” “I WOULD PAY A 90% TAX RATE IF WE COULD KEEP OUR SOCIETY COMPETENT. IF WE COULD STOP HAVING ILLEGALS SWARM INTO OUR COUNTRY... IF WE COULD FIRE UNACCOUNTABLE BUREAUCRATS... IF WE COULD PUT SYSTEMS IN PLACE TO MAKE OUR GOVERNMENT COMPETENT... IF WE COULD STOP HAVING REGULATORS HARASS, DESTROY, AND IMPEDE BUILDERS... I WILL PAY WHATEVER TAXES THAT TAKES. I’LL PAY 90% OF MY FORTUNE. WE NEED OUR COUNTRY TO BE FUNCTIONAL FOR MY KIDS, MY GRANDKIDS, AND EVERYONE ELSE.”
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Alex Frommeyer
Alex Frommeyer@AlexFrommeyer·
I don't do 1:1s...but when I do, use the deck
Alex Frommeyer tweet media
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Alex Frommeyer
Alex Frommeyer@AlexFrommeyer·
@micsolana if it happens, it ends housing/real estate as an investment asset class. this will cause a new problem for many.
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Mike Solana
Mike Solana@micsolana·
just want to remind you one more time that significantly lowering the cost of housing would solve, overnight, almost every single problem in the country
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Alex Frommeyer
Alex Frommeyer@AlexFrommeyer·
@agupta as healthcare labor grows as a % of overall labor (dominates in about half of all US states) this will become increasingly common, justified or not. Its the new manufacturing industry: large contingent of ~middle class jobs with aspirational component
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Ankit Gupta
Ankit Gupta@agupta·
look i totally buy that unions serve a valuable purpose for certain groups of people. im less convinced they make sense for people making $150k average salary. as one data point around this: nurses at MGH (non unionized) often have higher salaries than nurses at BWH (unionized) even though they are 2 miles apart and the flagship hospitals of the same health system. their recent year salary bumps have exceeded bwh too because the market wants to pay them more in certain years than the contract from the union. not to mention that some nurses are way better than others and union contracts treat labor as interchangeable (and imo make more sense in professions where that's more true) there are certain impt issues like violence against nurses that i think make this issue more complicated, but imo are probably better solved by state level legislation vs a union.
Only In Boston@OnlyInBOS

The largest nurse and healthcare professional strike in Massachusetts history is underway in Boston this morning.

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Joe Lonsdale
Joe Lonsdale@JTLonsdale·
@pmarca We need to work on the policy in this area, to make innovation and competition legal in health services. Right now it’s a mess, and special interests won’t let the cost savings and better outcomes into the core system. Great for AI popularity too, when it saves more $$ & lives.
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Alex Frommeyer
Alex Frommeyer@AlexFrommeyer·
@garrytan @SebastianCaliri has been great about outlining the path/vision for AI in health. the key to enablement is organizing insurance risk at the individual level. employers will NOT take AI risks on their EEs, so people must have their own agency to decide.
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Lawson Mansell
Lawson Mansell@lawsonhmansell·
Some great healthcare news going into the weekend: @CMSGov is proposing new site-neutral payments, cutting imaging payments at off-campus hospitals to match physician-office rates! They expect $70M⬇️in beneficiary premiums, $190M⬇️in part B savings - $260M total in 1st year.
Lawson Mansell tweet media
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