Not Your Average Financial Podcast™

Not Your Average Financial Podcast™


Episode 224: Uninsured and Loving It with Andy Schoonover

December 17, 2021

In this episode, we ask:


  • What about health insurance?
  • What is the cost for covering a family in the U.S. for healthcare?
  • Who is Andy Schoonover?
  • What about healthcare.gov?
  • What happened with Andy’s daughter?
  • How much was the 15-minute procedure?
  • What about procedures being considered medically unnecessary?
  • What is CrowdHealth?
  • What about families going bankrupt because of medical expenses?
  • What about catastrophic events leading to financial distress?
  • What about monthly premiums and deductibles?
  • What are our day to day medical needs?
  • How does one pay for the big medical expenses?
  • What is the cost?
  • What happens if the expenses exceed $500?
  • What about crowd funding for health care?
  • What about wellness visits?
  • What about ER visits?
  • Will other members pay the bill?
  • What are the incentives for giving?
  • What about claims?
  • What about medical bill negotiation?
  • What about getting the monthly bill low?
  • What about adding market forces into healthcare?
  • What about negotiating forces?
  • Who owns the money?
  • Who has to give permission to move money?
  • What about guarantees?
  • What about denial of claims?
  • How many bills have been funded?
  • Why is this so marginalized?
  • What about the regulatory environment?
  • Do you need to show a religious affiliation?
  • What are the guidelines?
  • What are the limitations or the pre-existing conditions?
  • How are health insurance premiums incentivized to go up?
  • How are the incentives different for CrowdHealth?
  • Would you like to try Andy’s offer on CrowdHealth?
  • Should we do something because every one else is doing it?
  • What about business owners?
  • What about heads of households?
  • Did you know we are thankful for you?

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