Welcome back to In Biolog for episode 7 – I’m your host Parker Condit, co-founder and CEO of Modo Bio.

Our guest today is Cavaliere Franco Lofranco. Franco’s parents moved from Italy to Canada at a young age and they instilled in him a work ethic and a sense of entrepreneurship. He started his first company at age 22. At the age of 24 he co-founded a company that became one of Canada's first high speed internet companies in the early 90s that grew into one of Canada's fastest growing companies. From there he expanded into sports, real estate, consulting, and eventually into direct sales where he built a global organization.

One of his latest ventures, Impact Health Sharing, is a new model for health insurance that is de-centralized and provides transparency in an industry that is sorely lacking it. We speak at length about where some of the biggest inefficiencies are in the current US healthcare system. And we also go into how his upbringing in Canada has shaped his perspective on how to approach the US healthcare system as well as cultural differences between the countries.

There is certainly some healthcare jargon in this episode like repricing, chargemaster, medical loss ratio, but we spend a fair amount of time breaking down those terms so they’re easily understood. If you want to get a better understanding of how health insurance works in the US so you can make better decisions for yourself and your family, this will be a great episode to check out.

Without further ado, please enjoy my conversation with Franco Lofranco.

Website - https://cavfrancolofranco.com/
Facebook - https://www.facebook.com/cavfranco
Instagram - https://www.instagram.com/cavfranco/
LinkedIn - https://www.linkedin.com/in/cav-franco-lofranco-286880b1/

Impact Health Sharing - https://www.impacthealthsharing.com/