"Success in the investing business depends less on the business model and product, and more on having the right leader and team who can adapt, make necessary changes, and develop new products." - Jack Hooper.
Jack Hooper is the Founder & CEO of Take Command Health, a benefits reimbursement platform that provides small businesses and individuals with improved health insurance solutions. On episode 17 of our Electrifying Growth podcast, Jack shares about his journey to entrepreneurship, how Take Command is transforming the healthcare landscape, and the importance of moving heath-related decision-making and financial responsibility to the individual level.
The Journey to Founder & CEO
Jack's backstory to curiosity in the healthcare financial services industry is a relatable one: two people fell in love, got pregnant, and had no idea how much it would cost to have a baby... let alone twins.
His experience in health policy economics (combined with time in the FBI and CIA) led Jack to draw parallels between the skills and experiences he gained working for the federal government and those applicable to becoming an entrepreneur. Both pursuits require quick decision-making, adaptability, problem-solving, and the ability to navigate adversity and triumphs.
Hidden Pricing and Lack of Accountability
There are flaws in the current healthcare system when it comes to pricing and accountability. The group healthcare model primarily benefits doctor and hospital wallets, with little consideration for the patients in care. This flawed system often leads to healthcare benefit services overcharging users, then placing the cost burden on employers. Jack emphasizes the need for healthcare providers to prioritize individual healthcare access over convenient employer packages.
Take Command’s mission is to restore personal agency and empowerment in the health insurance marketplace. Jack and his team are passionate about making healthcare more accessible, affordable, and understandable. By accelerating the adoption of a health insurance reimbursement model, benefit platforms give the power back to the people these benefits are designed to help: the employees.
With Jack's vision and commitment to evolving the benefits industry, the future of healthcare looks promising; offering hope for a system that genuinely puts the individual in command of their health.