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Thatch - Not Boring by Packy McCormick

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Welcome to the 2,123 newly Not Boring people who have joined us since our last essay! Join 251,962 smart, curious folks by subscribing here: Hi friends 👋 , Happy Wednesday! Since our last essay, we crossed the quarter-million subscriber mark. A huge thanks to all of you for reading Not Boring. Today’s Deep Dive is a long time in the making. Since Not Boring Capital invested in Thatch in early 2022, I have been talking to the company’s founders, Chris and Adam, about doing a Deep Dive when the time was right. The time is right now. For the first time since World War II, America has a real shot at fixing its healthcare system. A 2020 regulation called ICHRA lets employers give employees tax-free dollars to spend on whatever insurance plan and healthcare services work best for them. It sounds small, a quirk in the tax code. But little tax code quirks are how we got into this mess (WWII wage freezes leading to employer insurance), and how we got out of a similar one (401(k)s replacing pen

Welcome to the 2,123 newly Not Boring people who have joined us since our last essay! Join 251,962 smart, curious folks by subscribing here: Hi friends 👋 , Happy Wednesday! Since our last essay, we crossed the quarter-million subscriber mark. A huge thanks to all of you for reading Not Boring. Today’s Deep Dive is a long time in the making. Since Not Boring Capital invested in Thatch in early 2022, I have been talking to the company’s founders, Chris and Adam, about doing a Deep Dive when the time was right. The time is right now. For the first time since World War II, America has a…

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