Swan Bitcoin and CrowdHealth Partner to Deliver a Bitcoin Fueled Alternative to Health Insurance
Austin, TX; Calabasas, CA – The monetary system and the healthcare industry have both been corrupted by perverse incentives that put the financial stability of the United States, and its citizens, at risk. Two firms, each leading revolutions to change their respective industries, have joined forces to develop an alternative way for Americans to pay for their health care.
“By working with each other, we are expanding each other’s missions,” commented Andy Schoonover, CEO of CrowdHealth. “Introducing Bitcoin into the $4T healthcare market will increase adoption and significantly lower healthcare costs.”
No longer will you have to put fiat currency into an inefficient pool of depreciating assets used to siphon profits to insurance companies. Members of CrowdHealth put money into accounts they own. Upon signup, CrowdHealth will help its members open an FDIC insured account with a national bank with an option to open a second account at Swan Bitcoin. Each month, members make a contribution, which can be partially converted into Bitcoin at their Swan Bitcoin account. The remainder is deposited in the member’s CrowdHealth bank account.
Members use the funds in their bank account to crowdfund other members’ health events. If the member leaves CrowdHealth, the balances of their bank account and their Swan Bitcoin account, including appreciation, will be distributed to their personal accounts and wallets.
“CrowdHealth is leading an innovative approach to paying for health care by embracing Bitcoin, the future of money,” said Cory Klippsten, founder and CEO of Swan Bitcoin. “We're proud to be a part of this effort.”
CrowdHealth has a proven model that enables its members to pay for services in cash at the point of care freeing doctors from bureaucracy, pre authorizations, payment terms, and clinical overreach of health plans. This freedom significantly reduces the physicians cost structure which enables them to pass savings directly to their patients.
Swan Bitcoin is dedicated to helping the next billion people understand Bitcoin and what it represents for our future. Swan produces high quality Bitcoin education and takes pride in excellent, accessible customer service. Swan.com is the best way to accumulate Bitcoin with recurring and instant buys. The Private Client Services division helps high net worth individuals and entities build generational wealth around the world. Swan’s Advisor Services platform is the easiest and most secure way for financial advisors to provide their clients with direct exposure to actual Bitcoin. For more information, visit Swan.com.