Hospitals are bleeding $260 billion a year to denied insurance claims — and AI is making it worse. One YC founder decided to fight back, using AI to beat insurers at their own game.

In this episode, we dive deep into how Aegis, a Y Combinator startup, is using AI agents to help healthcare providers recover billions lost to claim denials. Founder Ong shares his journey from Calcutta to Carnegie Mellon to YC, the inside story of getting into YC at the last minute, and how his team is tackling one of healthcare’s most entrenched problems.

What you’ll learn:

- How YC companies are attacking trillion-dollar industries with AI

- Why healthcare loses $260B a year to denied insurance claims

- The hidden incentives driving insurers to deny payments

- How Aegis built real traction in just 10 weeks

- What YC really teaches founders beyond the playbook

- The power of the YC network and why it still compounds after demo day

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Chapters:

00:00 The YC Application Journey

00:48 Introducing Krishang from Aegis

01:21 Krishang's Entrepreneurial Background

02:30 The Birth of Aegis

04:53 The Power of YC Content

07:03 Getting into YC: The Application Process

10:00 The YC Batch Experience

14:25 Maintaining Momentum Post-YC

17:59 Advice for Aspiring YC Applicants

19:09 Tackling the Healthcare Industry

21:41 Targeting Medical Billing Companies

22:07 AI in Insurance: A Growing Challenge

22:21 The Impact on Hospitals

24:31 Investor Perspectives on AI in Healthcare

26:48 Strategies for Success in Healthcare Startups

33:12 The YC Advantage

33:49 The Power of the YC Network

38:14 Silicon Valley's Collaborative Ecosystem

39:58 Conclusion and Final Thoughts

🎧 Listen on the go:

Spotify: https://open.spotify.com/show/1u1JyRKH8JYFjhBkvTUOAP

Apple: https://apple.co/4cZ8RMm

My other YouTube Channel: https://www.youtube.com/@GJarrosson