Everlywell Shark Tank Update
Pitch | Easy at-home health testing kits |
---|---|
Entrepreneur | Julia Cheek |
Asked For | $ for % |
Deal | $1,000,000 line of credit at 8% interest for 5% equity stake |
Shark | Lori Greiner |
Shark Tank Tax | N/A% |
Pitch | Easy at-home health testing kits |
---|---|
Entrepreneur | Julia Cheek |
Asked For | $ for % |
Deal | $1,000,000 line of credit at 8% interest for 5% equity stake |
Shark | Lori Greiner |
Shark Tank Tax | N/A% |
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Why on earth would anyone pay to purchase these tests? A doctor can prescribe the correct tests for you, properly interpret the results, and all of the tests will be included under your health insurance (which is now mandatory to have.)
Because even with insurance not all lab costs are covered and can be very expensive. I know first hand as I’ve paid thousands in lab bills even with good insurance. Also, the results are extremely easy to understand.
Not necessarily. It gives one the freedom to get the tests without having to make an appointment with their doctor which is time and most insurance does not cover completely the cost of lab work. To go through all of that why not just do it yourself.
I can’t speak for others, but my health insurance does not cover blood tests for vitamins (or food sensitivity). I have a vitamin D deficiency and like to monitor my levels once or twice a year—and Everlywell gives me a safe and convenient way to do that! It’s a bit more than expensive than what my doctor/hospital charges (by like $15), but the convenience is SO worth it!
I can’t speak for others, but my health insurance does not cover blood tests for vitamins (or food sensitivity). I have a vitamin D deficiency and like to monitor my levels once or twice a year—and Everlywell gives me a safe and convenient way to do that! It’s a bit more than expensive than what my doctor/hospital charges (by like $15), but the convenience is SO worth it!
The ACA financial individual mandate was struck down by the Trump administration in 2018 eliminating the tax penalty to Americans. As of August 2020 an estimated 50 million Americans have no health insurance. Health care costs in the US are higher than most other industrialized country’s with substantially worse outcomes. Unfortunately on earth in the year 2020 home testing and video online medical care is the future.