Tuesday, February 8, 2022

GoFundMe campaigns are not a valid safety net

The "safety net" we need is universal single-payer. Take the greedheads totally out of the loop. COVID has made that even more obvious than it was before.
New research (last) week affirms the grim reality of medical crowdfunding. The study found that few GoFundMe campaigns over a five-year span raised enough money to meet their goals. And those started by people living in areas with higher levels of medical debt, uninsurance, and low income raised less money than others living elsewhere...

“Despite its popularity and portrayals as an ad-hoc safety net, medical crowdfunding is misaligned with key indicators of health financing needs in the United States,” the authors wrote. “It is best positioned to help in populations that need it the least.” - Gizmodo

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