Let's put it this way: the idea makes so little sense that it has never been done at scale. That is saying a lot since it is:
- An obvious idea. People routinely benefit off of senior and student benefits from friends and family members.
- There are more than enough people who lack scruples and would outright exploit seniors. I would imagine that there are even more people who would be happy to enter arrangements of mutual benefit.
The underlying problem is that such a company would erode social trust. There would be a very short term opportunity to exploit the loophole, so to speak, before senior benefits would be tightly controlled, reduced until such a scheme is no longer profitable, or outright eliminated.
And that is taking the perspective of people who would partake. There are more than a few people who would find such schemes morally reprehensible and would never participate (which would limit the market).
I wished a bit that the website's "Increased Lifespan (source)" also claimed a 50% lifespan increase from the linked SA blog and associative study that showed a 50% likelihood of survival increase over a given period.
rentelderlypeople.com emerges out of stealth and raises $100M from prominent VCs and angel investors to change the world and disrupt the senior citizens market. /s
- An obvious idea. People routinely benefit off of senior and student benefits from friends and family members.
- There are more than enough people who lack scruples and would outright exploit seniors. I would imagine that there are even more people who would be happy to enter arrangements of mutual benefit.
The underlying problem is that such a company would erode social trust. There would be a very short term opportunity to exploit the loophole, so to speak, before senior benefits would be tightly controlled, reduced until such a scheme is no longer profitable, or outright eliminated.
And that is taking the perspective of people who would partake. There are more than a few people who would find such schemes morally reprehensible and would never participate (which would limit the market).