IdeasMine
I
Australia·56d ago
Sample
Free

Private Health Cover Compare

Problem Many Australians get hit with hospital exclusions and LHC loading surprises, resulting in unexpected out-of-pocket expenses. For example, 13.7 million Aussies experience claim shock after selecting the wrong insurer. Who feels it The 13.7 million Australians who hold private health insurance policies, highlighting a significant consumer market. MVP hint The first version of our product should provide a straightforward comparison tool that identifies coverage gaps and potential claims. Why now Increasing consumer awareness and a competitive insurance landscape present the perfect conditions to introduce a comparison tool. Revenue Users won’t pay a fee; we will charge a 12% commission per policy sold, aiming for AUD $500,000 in annual commission revenue.
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