Meet the CEO: medZERO (VIDEO)
December 5, 2019 / Nueterra Capital Marketing“Meet the CEO” is a series of videos introducing the CEOs of the inaugural LaunchKC Health Accelerator. In this video, medZERO CEO Michael Sobek describes how the company is changing the way people pay for healthcare.
Video Transcript
I am Mike Sobek, CEO and founder of medZERO of Kansas City, Missouri. medZERO is a form of payment for people to pay their healthcare bills. What we had found is that deductibles have risen from $250 to $1,000 to $5,000 today for a family, and when they go to the hospital or to the dentist or even a pharmacy they are unable to pay their $1,000 deductible.
We provide a simple means for them to issue a Mastercard, complete the payment and then over the next six or 12 months out of payroll or through an HSA contribution they pay off over time at 0% interest.