Relying on crowdfunding to pay health bills? It's more common than you might think.

Relying on crowdfunding to pay health bills? It's more common than you might think.

Starting a crowdfunding campaign to help cover medical expenses might seem like a rare and extraordinary circumstance. But a new survey shows that it's actually a lot more common than you might think.

Researchers from the National Opinions Research Center (NORC) at the University of Chicago recently conducted a survey to learn about the prevalence of crowdfunding health campaigns. It turns out that a large swath of the American public — approximately 50 million, or 20 percent of Americans — have contributed to these sorts of campaigns.

What's more, eight million Americans have started a campaign to help pay for medical expenses for themselves or someone in their household, while 12 million had started a campaign for someone else. According to the researchers' survey, that's three percent and five percent, respectively.  Read more...

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Relying on crowdfunding to pay health bills? It's more common than you might think. Relying on crowdfunding to pay health bills? It's more common than you might think. Reviewed by mimisabreena on Thursday, February 20, 2020 Rating: 5

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