Blockchain technology could be very useful to basically eliminate the health insurance industry's ridiculous costs. But they would lose a lot of profit, and since they already have so much lobbying power, I'm sure the legal and legislative fights wouldbe intense.
Exactly. Care4Me cuts insurance costs in two ways. The added competition of nurses applying for cases directly will make the market more cost-efficient. Plus, using blockchain-based records to enhance trust in the nurses' professional qualifications will cut the insurance companies' administrative costs of reviewing these documents.