CrowdHealth

CrowdHealth operates a peer-to-peer healthcare crowdfunding platform that serves as a direct alternative to traditional health insurance models. Members pay a monthly subscription fee to access the digital network, where individuals cover the first $500 of their personal medical expenses and the broader community funds the remaining balance. The platform connects users directly with physicians to negotiate reduced cash prices for medical services, specifically targeting independent tech professionals and families seeking lower healthcare costs. The company has raised $6 million in venture funding to develop its technology infrastructure and partners with Regent Bank to provide underlying financial services for its members. Recently featured in Time magazine as a viable health-sharing alternative, the organization bypasses standard insurance claim processes to mitigate coverage denials and avoid profit-driven insurers. CrowdHealth was founded in 2021 by Andy Schoonover.