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US health care system benefits insurers, not patients

Could this be the year when America starts to shift away from the employer-sponsored health insurance model? To be sure, health care is an issue that concerns most people. Whether it is accessing care or paying for health care services, few people are free of the anxiety that comes when they or a loved one must undergo treatment for an acute life-threatening or debilitating chronic condition. In spite of the $4 trillion spent in 2021 on health care in the United States, the highest per capita spending in the world, life expectancy in our nation continues to languish in comparison…
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Pet health insurance provider Barkibu raises $5 million

Galician pet tech firm Barkibu has raised $5 million in a new funding round. Offering both pet insurance and a preventive services app, naturally complete with an AI-powered component, Barkibu intends to use the new funds to further improve and expand its services. Barkibu’s $5 million round was led by Kfund and saw the participation of existing investor Alma Mundi Ventures. According to co-CEO Pablo Pazos Rey, the company has raised approximately $11 million over the course of its lifespan. Serving some 20,000 pet parents in both the Spanish and German markets, Barkibu’s insurance policy covers 80% of costs associated…