Andy Schoonover is founder and CEO of CrowdHealth, a community-powered alternative to health insurance that provides a revolutionary way of paying for healthcare bills through crowdfunding. Andy was previously CEO of healthcare technology company, VRI. He is a graduate of the University of Virginia and Stanford University’s Graduate School of Business.

Get 6 months of Crowdhealth for $99 using promo code NATALIE: www.joincrowdhealth.com/natalie

Follow Andy on Twitter https://twitter.com/SchoonoverAndy

IN THIS EPISODE:

0:00 Intro, Swan Bitcoin promo

1:25 Growing up in St. Louis, investing in Ferguson

4:47 Attending James Madison University, UVA

5:41 Dad worked for the State Dept

6:50 Graduating from Stanford, renting a room to Mark Zuckerberg

11:34 Buying a company in Dayton, Ohio

14:51 iTrustCapital, Bitcoin 2023 promos

17:04 CrowdHealth origin story

19:27 Why is healthcare so expensive?

22:03 Insurance incentivized to keep people sick, increase costs

23:50 In network vs. out of network

29:59 People are the product

33:38 Crowdfunding healthcare

38:50 Fold app, CrowdHealth promos

41:22 Negotiating costs; doctors hate insurance companies

43:43 CrowdHealth is not insurance; what do the big guys think?

45:39 Handling big bills, community generosity

47:46 Involving Bitcoin

51:25 Average customer age 34

Coin Stories is powered by @Swan_Bitcoin the best way to build your Bitcoin stack with automated Bitcoin savings plans and instant purchases. Swan serves clients of any size, from $10 to $10M+. Visit https://www.swanbitcoin.com/nataliebrunell for $10 in Bitcoin when you sign up. If you are planning to buy more than $100,000 of Bitcoin over the next year, the Swan Private team can help.

BITCOIN 2023 by @BitcoinMagazine will be the biggest Bitcoin event in history May 18-20 in Miami Beach. Speakers include Michael Saylor, Lyn Alden and Michelle Phan, plus a Day 3 music festival. Nearly 30,000 people attended Bitcoin 2022. Get an early bird pass at a steep discount at https://b.tc/conference code HODL for 10% off your pass.

With iTrustCapital you can invest in crypto without worrying about taxes or fees, through an individual retirement account. IRAs are tax-sheltered accounts, which means all your crypto trading is tax-free and can even grow tax-free over time. The best part is it’s totally free to open an account, and there are no hidden fees, monthly subscriptions or membership fees. Your account is FDIC insured up to $250,000. Get a $100 funding bonus if you open and fund an account. Go to https://itrust.capital/nataliebrunell to learn more and open a free account.

Fold is the best Bitcoin rewards debit card and shopping app in the world! Earn Bitcoin on everything you purchase with Fold's Bitcoin cash back debit card, and spin the Daily Wheel to earn free Bitcoin. Head to https://www.foldapp.com/natalie for 5,000 in free sats!

Health insurance needs an overhaul. The government and insurance companies have jacked the price, increased complexity, and made insurance almost unusable. You send your money to the health insurance black hole and never see it again. Then, when you get hurt you have to send them more money. The great news is now you have an alternative: CrowdHealth. It’s totally different from insurance. Instead of sending your hard earned money to an insurance company, you hold your money in an account CrowdHealth helps you set up when you join. You can even convert dollars in that account into Bitcoin. When someone in the community has a health need, you help them out directly and if there is Bitcoin or $ left over in your account when you leave, you take it with you. https://www.joincrowdhealth.com/natalie

OTHER RESOURCES

- Natalie’s website https://talkingbitcoin.com/

- CrowdHealth https://www.joincrowdhealth.com/natalie

⏤ ⏤ ⏤

VALUE FOR VALUE — SUPPORT NATALIE’S SHOWS

Strike ID https://strike.me/coinstoriesnat/

Cash App $CoinStories

BTC wallet bc1ql8dqjp46s4eq9k3lxt0lxzh6f2wcu35cl6944d

⏤ ⏤ ⏤

FOLLOW NATALIE ON SOCIAL MEDIA

Twitter https://twitter.com/natbrunell

Instagram https://www.instagram.com/nataliebrunell

Linkedin https://www.linkedin.com/in/nataliebrunell

⏤ ⏤ ⏤

Producer: Aron Bender https://www.linkedin.com/in/aron-bender/

DISCLAIMER This show is for entertainment purposes only and does not give financial advice. Before making any decisions consult a professional.

#bitcoin #cryptocurrency #money

Consider This Bitcoin Solution for Health Insurance ft. Andy Schoonover

Coin Stories with Natalie Brunell

Consider This Bitcoin Solution for Health Insurance ft. Andy Schoonover