A Crowdfunding Site To Help Pay Patients' Medical Bills
Lucas123 writes: A start-up financial services company called Someone With Group has just completed a pilot of a crowdfunding service that allows hospitals to set up campaigns to help patients pay their medical expenses. The website, which is HIPAA compliant in terms of privacy and security, allows patients facing medical debts to inform family, friends and even strangers of their need for funds versus flowers or cards. The crowdfunding service also addresses a systemic debt issue in the healthcare industry. Each year, the U.S. healthcare industry writes off $40 billion in bad debt from unpaid medical bills. "Then you consider that $6 billion is spent on cards and flowers for patients every year. Why can't we redirect that money and put it into a debit instrument restricted to medical spending only?" said Jagemann-Bane, CEO of Someone With Group. One hospital group, Pinnacle Health Systems in Harrisburg, Penn., routinely writes off $40 million to $50 million a year in unpaid medical bills from patients. The hospital set up a crowdfunding site via Someone With Group and so far has seen a couple dozen patients use it. ... After a one-year pilot of the crowdfunding service, patients who've used it on average have raised $2,315.
I CAN'T keep my insurance plan even though I like it?!?!?!
I CAN'T keep my doctor even though I like him??!?!!?
Obamacare is NOT saving money?
Obamacare is NOT making healthcare cheaper?
Damn - we were LIED to!
On EVERYTHING Obamacare was supposed to do.
The only one who didn't lie was Nancy Pelosi when she said they had to pass Obamacare to find out what's in it.
Or more accurately, where it'd be stuffed into us - BEND OVER while the insurance companies get all kinds of legally-forced new customers and bailout provisions...