💥 NEW: Crowdhealth sees parabolic user growth in January 👀💥
BUT what's "CrOwDhEaLtH" ? 🤔
CrowdHealth is a simpler way to pay for health treatments.
Traditional h-insurance is expensive and bureaucratic.
And it can happen that your insurance provider refuses to cover your bills.
Unlike CrowdHealth.
Instead of an insurance company, you join a group of people who help each other out.
How it works:
You pay a small monthly fee to be a member.
If you have a big bill (over $500), the community chips in to pay it for you.
You can go to any doctor.
And vice versa.
Each month, you’ll be asked to help crowdfund another member’s medical bill.
Never more than your set monthly maximum.
CrowdHealth thoroughly reviews each bill to ensure it’s legitimate, fairly priced, and eligible.
Your contribution goes directly to the other member to help fund their medical expenses.
To date, 99.9% of the bills submitted to the community have been fully funded!!
The genius part?
You pay a set monthly amount.
The money pays for the bills. But there's usually left over money.
The "extra" money can be allocated to bitcoin via Fold.
Regulatory constraints ruled out pooled bitcoin funds, for now, but CrowdHealth found a clever workaround. Members make two separate payments each month:
$55 “Advocacy Fee”: Covers bill negotiation, access to the app, and a Personal Care Advocate.
A crowdfunding contribution: Sent directly to other members to pay medical bills. For non-Bitcoin members, this amount changes monthly based on need. For Bitcoin members, it’s fixed at $140.
In the Bitcoin plan, if the month’s actual need is less than $140, say $75, then the leftover $65 difference is automatically deposited into their Fold account.
It's basically a "help-each-other-out" club for people who want to save money on healthcare and believe bitcoin is perfect for long-term savings. 🤝
Learn more at
@nprofile1q...
BUT what's "CrOwDhEaLtH" ? 🤔
CrowdHealth is a simpler way to pay for health treatments.
Traditional h-insurance is expensive and bureaucratic.
And it can happen that your insurance provider refuses to cover your bills.
Unlike CrowdHealth.
Instead of an insurance company, you join a group of people who help each other out.
How it works:
You pay a small monthly fee to be a member.
If you have a big bill (over $500), the community chips in to pay it for you.
You can go to any doctor.
And vice versa.
Each month, you’ll be asked to help crowdfund another member’s medical bill.
Never more than your set monthly maximum.
CrowdHealth thoroughly reviews each bill to ensure it’s legitimate, fairly priced, and eligible.
Your contribution goes directly to the other member to help fund their medical expenses.
To date, 99.9% of the bills submitted to the community have been fully funded!!
The genius part?
You pay a set monthly amount.
The money pays for the bills. But there's usually left over money.
The "extra" money can be allocated to bitcoin via Fold.
Regulatory constraints ruled out pooled bitcoin funds, for now, but CrowdHealth found a clever workaround. Members make two separate payments each month:
$55 “Advocacy Fee”: Covers bill negotiation, access to the app, and a Personal Care Advocate.
A crowdfunding contribution: Sent directly to other members to pay medical bills. For non-Bitcoin members, this amount changes monthly based on need. For Bitcoin members, it’s fixed at $140.
In the Bitcoin plan, if the month’s actual need is less than $140, say $75, then the leftover $65 difference is automatically deposited into their Fold account.
It's basically a "help-each-other-out" club for people who want to save money on healthcare and believe bitcoin is perfect for long-term savings. 🤝
Learn more at
@nprofile1q...