
BONUS: Medical Debt and Health Insurance with Andy Schoonover | Medical Insurance, Insurance Alternatives, CrowdHealth
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Today’s podcast episode is brought to you by CrowdHealth.
I’m delighted to sit down with Andy Schoonover, co-founder and CEO of CrowdHealth, today. CrowdHealth is a community-powered alternative to health insurance, offering a revolutionary way to pay healthcare bills through crowdfunding. Previously, Andy was CEO of VRI, a healthcare technology company that focused on monitoring patients with chronic conditions out of their homes. He is a proud graduate of the University of Virginia and Stanford University's Graduate School of Business.
Andy and I discuss the scale of medical debt in the United States, including claim denials and at-risk vulnerable populations. We examine the impact of hospital takeovers and the medical system, looking at how insurance companies and hospitals, which are actually oligopolies, drive price increases that directly affect our insurance premiums and out-of-pocket costs. We discuss how hospitals influence private practice, and how this is actually a microcosm of much larger challenges. Andy also shares his origin story, explains how clinicians need to encourage patients to take care of their health in their 20s and 30s to avoid developing chronic diseases, and clarifies how CrowdHealth works, who it’s for, and how it is a growing response to our broken medical system.
This conversation is particularly important due to the poor understanding of how health insurance works in the United States, while medical debt is becoming a huge issue for millions of Americans today. It may even get you thinking about your own medical insurance and how much coverage you actually receive.
IN THIS EPISODE, YOU WILL LEARN:
Why CrowdHealth encourages members to know their metabolic markers
The importance of taking autonomy over your own healthcare
How CrowdHealth works as an alternative to the traditional medical-model insurance system
How CrowdHealth members can decide who they contribute toward
What screening looks like within the CrowdHealth community
Andy describes CrowdHealth’s Exit Diabetes program
How CrowdHealth’s health coaches and care advocates support members
How CrowdHealth is bringing the care back to healthcare
Bio:
Andy Schoonover is the founder and CEO of CrowdHealth, a healthcare freedom company built to help Americans escape the broken health insurance system. After spending years watching families get crushed by skyrocketing premiums, confusing policies, and surprise medical bills, Andy launched CrowdHealth to create a simpler, more human alternative to traditional insurance.
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