AZ Tech Roundtable 2.0 Podcast Por Matt Battaglia arte de portada

AZ Tech Roundtable 2.0

AZ Tech Roundtable 2.0

De: Matt Battaglia
Escúchala gratis

Acerca de esta escucha

 AZ Tech Roundtable 2.0 with Matt Battaglia The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business. AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving. Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more… AZ TRT Podcast Home Page: http://aztrtshow.com/ Please Subscribe. Thanks for Listening. - More Info: https://www.economicknight.com/azpodcast/ Economía Gestión y Liderazgo Liderazgo
Episodios
  • Health Insurance is Rigged & Controlled by the Big Companies w/ Donvan Ryckis of Ethos Benefits - AZ TRT S06 EP10 (272) 6-15-2025

    Health Insurance is Rigged & Controlled by the Big Companies w/ Donvan Ryckis of Ethos Benefits - AZ TRT S06 EP10 (272) 6-15-2025
    Jun 19 2025
    Health Insurance is Rigged & Controlled by the Big Companies w/ Donvan Ryckis of Ethos Benefits - AZ TRT S06 EP10 (272) 6-15-2025 What We Learned This Week Health Insurance is primarily run by the Big 4 - BUCA: Blue Cross United Healthcare, CIGNA, Aetna To Insurance Co’s – Premium = Revenue, and they are not going lower profits, so no incentive to lower costs Health insurance employer group plans can be broken down into 4 PartsNetwork PPO is what people typically think of when they think of health insurance There have been revisions to the Healthcare Act passed in 2021 Guest: Donovan Ryckis, Ethos Benefits https://ethosbenefits.com/ https://ethosbenefits.com/documentary/ https://businessofbenefitspodcast.com/ Our Ethos is Simple: Fiduciary First. Act in the best interest of those we serve—no matter the cost. ‘Ethos’ represents the guiding principle, character, or spirit of a person or organization. It’s the ‘why’ that drives decision-making and fuel’s purpose. Our Ethos is deeply rooted in the story of our Founder, Donovan Ryckis. Over a decade ago, Donovan, a fiduciary Series 65 securities advisor specializing in retirement and pension planning, was approached by a client facing a dire situation. The client’s publicly traded broker claimed there was no solution for a staggering 37.5% health insurance renewal increase—a cost that threatened the business and its employees. With no prior experience in health insurance markets but guided by his unwavering fiduciary principles, Donovan took on the challenge. The result? He mitigated the risk entirely, delivering a solution 12% below the current rate. This allowed the business to thrive and ensured hundreds of employees wouldn’t have to choose between basic necessities and skyrocketing health premiums. That moment sparked a revelation. The fraud, waste, and abuse Donovan had fought in retirement planning paled in comparison to the challenges in healthcare. He saw an opportunity to bring transparency and fiduciary principles to an industry in desperate need of change. Donovan pivoted his career, becoming one of the first fee-based health insurance advisors in the nation. By removing all conflicts of interest in broker compensation, he laid the foundation for what is now the leading innovative employee benefits agency in the country, delivering higher quality care at a significantly lower cost to employers nationwide. Notes: Ethos Benefits deals with employee benefits, with a primary focus on group health insurance Per Donovan ‘Employee benefits are rigged’ Insurance company premium equals revenue. There is no incentive to lower cost, as it would lower profits. ACA Obamacare passed in 2010, and it capped profits for insurance companies at 20% Insurance Co’s are working to expand their pool to make more profit Health Insurance guarantees inflation keeps going up, so family of 4 could spend 35K a year For a business, healthcare cost and employee benefits are a top 3 P&L expense Ethos strategies can create a 30 to 40% reduction on premium impact to lower costs for a business The HQ is in Florida, but they are a virtual office with agents and clients nationwide Healthcare finance and delivery + Improving employee benefits Seg 1 Donovan’s bio, he was a financial advisor with a Series 65 license before he got into health insurance. Around 2014 he moved into health insurance seeing an opportunity for better service. Typically you see agents who are working for the health insurance company and not really working for the employer companies they are selling to. Health insurance is primarily run by the Big 4 – BUCA: Blue Cross United Healthcare, CIGNA, Aetna. Health insurance employer group plans can be broken down into 4 Parts: 1. TPA or third-party administrator 2. Network PPO or HMO 3. Pharmacy benefit RX 4. Insurance that covers the caps the limits on the stop loss PPO is your primary network and open on using referrals HMO is a non-preferred network typically has less offerings and tight on referrals Ethos Benefits helps employers to break up the four parts of a group plan and customize Network PPO is what people typically think of when they think of health insurance. Network and the Big 4 health companies have a tighter deal with doctors and contract prices. A lot is pre-negotiated with a set of rates, which is the point of a PPO. This is where you get larger claims and they run in the system of healthcare. Seg 2 Pay more for healthcare in the U.S. than the rest of the world The biggest pharmaceutical companies are in the US Pharmaceutical companies in flight prices, and also set the prices They make money through spread pricing Employers can actually pick up their own Pharma benefit and get ...
    Más Menos
    47 m
  • 5 Types of Income to Create Infinite Income - AZ TRT S06 EP09 (271) 5-25-2025

    5 Types of Income to Create Infinite Income - AZ TRT S06 EP09 (271) 5-25-2025
    Jun 18 2025
    5 Types of Income to Create Infinite Income - AZ TRT S06 EP09 (271) 5-25-2025 What We Learned This Week Multiple Streams of Income strategy 5 Types of Income – Career, Investment, Retirement Account, Pension, Tax FreeDiversification of income provides you security and freedomBuild Infinite Income thru initial investment, and profits pay off loans, then go on foreverGeorge Lucas created the Star Wars IP one time, and gets infinite returns from the movies & merchandiseReal Estate, Business, and Insurance products are good assets for infinite income Notes: Segment 1: The 5 Types of Income – Why One Stream Isn't Enough Opening: The Economic Shift · The economic landscape has changed dramatically over the last 50 years. · While business and technology have advanced, personal finance education and systems haven’t kept pace. · Inflation has significantly eroded purchasing power. · It’s no longer the 1950s where one income could support a family of four. Now, two incomes are often required—and even then, many people have a third gig. The New Normal: Side Hustles & Financial Reality · According to recent stats, 70% of people need an additional income stream, often from a side business or freelance work. · 30% of Americans hold a second job. · Among millennials, that number rises to 50%. The Lesson from Robert Allen & Rich Dad, Poor Dad · Robert Allen’s Multiple Streams of Income advocated for income diversification to gain safety and freedom. · Robert Kiyosaki’s Rich Dad, Poor Dad emphasized acquiring income-producing assets—his favorite being real estate. The 5 Types of Income 1. Career or Business Income Your primary, day-to-day W-2 income—pays the bills and covers monthly expenses. 2. Investment Income Comes from appreciating or income-producing assets like real estate, stocks, or Bitcoin. 3. Retirement Accounts Tax-deferred income sources like IRAs or 401(k)s—subject to rules and penalties but critical for long-term planning. 4. Guaranteed Income Comes from pensions, annuities, or Social Security. Designed for lifetime income and stability. 5. Tax-Free Income Generated through Roth IRAs or cash value from life insurance. You pay tax on the seed, not the harvest. Call to Action: · Make a list of which of the five types of income you currently have. · Strategize how to build the remaining ones for a balanced, resilient financial future. Analogy: Just like a business has multiple products or a sports team has multiple ways to score, individuals should have diverse income sources to win financially. Segment 2: Infinite Income – Building Streams That Never Run Dry What Is Infinite Income? · Infinite income is ongoing, residual income that continues long after the original work or investment. · It’s the financial holy grail: put in work or money once, get paid over and over. Key Assets That Can Generate Infinite Income: · Tangible Assets: Real estate, businesses, stocks · Intangible Assets: Skills, knowledge, intellectual property (IP), network Examples of Infinite Income in Action 1. Real Estate · Buy a $250K property with 10% down ($25K). · Renters pay the mortgage; property appreciates. · Refinance later, pull out your original investment tax-free. · Continue collecting rental income even after loan is paid off. · Use refinance funds to buy more properties → Repeat → Scale. 2. Business Ownership · Start or buy a business using a loan. · Profits pay off the loan, then continue to generate revenue. · Later, use the business as collateral to expand or acquire another. 3. Life Insurance (IUL Strategy) · Fund a policy over time; cash value grows tax-deferred. · Take loans against the policy tax-free—used as supplemental retirement income. · Policy can also be a legacy tool, passing on wealth tax-free. 4. Intellectual Property (IP) · George Lucas with Star Wars—created once, profits for decades from merchandise and licensing. · Jeff Bezos still profits from Amazon stock, 30 years later. · Microsoft, McDonald’s, Coca-Cola—IP and systems built once, revenue continues for decades. · DC Comics still profiting off Superman IP created in the 1930s. Key Principles for Building Infinite Income · Choose the Right Assets: Real estate, businesses, IULs—not just assets that appreciate, but ones that cash flow. · Leverage and...
    Más Menos
    22 m
  • Artificial Intelligence (AI) – how the Algorithm Connects Us All Revisited - AZ TRT 2.0 – S06 EP08 (270) 5-11-2025

    Artificial Intelligence (AI) – how the Algorithm Connects Us All Revisited - AZ TRT 2.0 – S06 EP08 (270) 5-11-2025
    Jun 17 2025
    Artificial Intelligence (AI) – how the Algorithm Connects Us All Revisited AZ TRT 2.0 – S06 EP08 (270) 5-11-2025 What We Learned This Week: AI is inter-connected with so many technologies & you use AI often on a daily basis AI is a part of almost all industries from Healthcare, Finance to DefenseHuman in the Loop - humans will always be needed to Interpret the Data, but AI will assist Software Teams must be managed so the product is integrated properly in the bigger picture Moore’s Law – Each year computing power grows 2x as fast, but cuts the cost in half Guests: Naru (Narendran Muraleedharan), CEO / Founder of StaxAI – formerly Inventives & Aptus AI https://stax.ai/ linkedin.com/in/naru95 Bio: At Stax.ai, we empower retirement plan TPAs to streamline operations, enhance productivity, and deliver exceptional client experiences. Our innovative platform automates census data collection, payroll integrations, trust accounting, and client communication, all while providing actionable insights through AI-driven tools. Trusted by TPAs managing thousands of plans, Stax.ai transforms administrative burdens into seamless workflows, enabling you to focus on what matters most—growing your business and strengthening client relationships. Past Bio: Inventives / Aptus AI is a software solutions and artificial intelligence development and consulting firm. They provide aerospace, mechanical, and software engineering services to companies around the world. The Team is strong, and well-rounded consisting of engineers, developers, and physicists that focus on solving problems at the root. They help take ideas or concepts and build prototypes and deployments in very short periods of time with tight budgets while maintaining the best quality and client satisfaction. The main fields of expertise are RPA, Web App Development, Solutions Architecture, Artificial Intelligence, Computer Vision, and Simulation Systems. Note**: This interview was recorded in Oct. 2021 (S02 EP 43 (90) 10-24-21), since then Naru has changed the company name. Also, the BRT podcast has changed to AZ Tech Roundtable. Notes: Seg. 2 - 4 Naru returns to the show talking tech, software, and AI. His team is always developing new applications with AI in healthcare, finance, biotech, & aerospace. Naru shows how so many technologies are connected and what the future of business looks like. Inventives is the new company, with the same core technology team, but focusing the business into a venture studio by creating new AI projects for companies not yet using AI. Inventives new projects can become spinoff companies with this new technology. They work with B2B clients and also Investors for these types of companies. Radiology is a current project to enhance the patient experience using AI – called SKIP. This project is on the Operations side to make the patient process of paperwork, payments, etc. to be automated (& efficient) with AI working with the patient. This will be stand alone, but if adopted by other medical offices over the long term can streamline the healthcare industry. Naru and his team are working on document management, where their AI program will be able to read documents and determine what the info is. Rising Cloud is another project they are building that manages a company cloud usage to improve costs. Moore’s Law – Each year computing power grows 2x as fast, but cuts the cost in half Cloud Computing happens in the cloud and internet for your programming vs Edge Computing that happens right on your phone and does not need to go out to the cloud. Bigger the data request or process determines if Cloud or Edge is the best choice. People interact with AI (Artificial Intelligence) daily on their phone, email, internet search and beyond. User Agreements in your phone or websites you use say they can take your search data and use it to enhance your experience. AI Search uses past searches by you, vs what are the popular other searches by other people on the internet. It happens so fast and has the best / popular search options loading before you are even done typing. This is called a Recommendation Engine, just like Netflix or Amazon find shows or products you may like. These recs are similar to what you have watched or bought previously, or in similar genres. The downside is you may not see different options, just more of the same. AI determines what you see daily on the internet, and can create a silo effect. Inventives uses a common solution, called Human in the Loop to review what the AI is doing. Then the searches or recommendations are reviewed to see how accurate they are. Healthcare AI is assisting doctors, and even finding issues that humans have missed in a radiology study. AI has no bias, and does not get tired. The computer can repeat processes and be consistent. Key technologies of the day are constantly overlapping – AI, Big Data, Cloud, SaaS ...
    Más Menos
    47 m
adbl_web_global_use_to_activate_webcro805_stickypopup
Todavía no hay opiniones