"CrowdHealth is an alternative to health insurance in the same way Fold is an alternative to fiat-only checking accounts." — Will Reeves, CEO Fold
The traditional insurance model is overpriced, confusing, impersonal, and lacks transparency. Worst of all, it leaves countless individuals and families "underinsured"—still forced to pay out of pocket due to never hitting their deductible or wanting care from an out-of-network provider. It's a broken system riddled with bad incentives.
CrowdHealth is a way to opt-out. It's not insurance; it's better, and Fold is proud to announce an official partnership.
- CrowdHealth membership now includes Fold+ membership at no additional cost.
- CrowdHealth members can link their Fold account and automatically sweep extra funds into bitcoin with Fold's direct deposit conversions.
The enrollment and account linking process couldn't be simpler:
New to Fold (and bitcoin)?
If you are a CrowdHealth member who hasn't tried Fold yet, welcome to the wealth preservation and financial freedom movement! At first glance, bitcoin can seem intimidating, but Fold has made it incredibly easy to get started and move at your own pace. Here's a snapshot of what you get with a Fold+ account:
- A debit card that can be used anywhere Visa is accepted, including ATMs
- Add up to 3 authorized users with their own dedicated card
- Cashback rewards on eligible purchases, paid in bitcoin
- Bitcoin rewards on gift cards (Amazon, Chevron, Kroger, and many more)
- Bitcoin rewards on ACH bill payments (mortgage, credit card payment, etc.)
- Zero fees on passive or instant bitcoin buys
- Peace of mind with insured bitcoin deposits
Tag @fold_app on Twitter (X) with any questions about Fold or bitcoin itself.
Unfamiliar with CrowdHealth?
"This is too good to be true" is a common mental hurdle when considering CrowdHealth. How could crowdfunding possibly be a better option over traditional insurance? Here's a post by CrowdHealth that answers just that:
In short, CrowdHealth makes sense in a lot of cases.
- If you're underinsured
- Paying for coverage that doesn't meet your needs or leaves you paying out-of-pocket
- If you're unable to get employer-sponsored insurance
- Freelancers, gig workers, etc.
- If you want to break away from employer-sponsored insurance
- Pursuing an independent career
- If you want to see out-of-network providers
- Have the autonomy around your health care decisions
These examples would also greatly benefit from using Fold for bitcoin savings and long-term wealth preservation.
Growing movements
Fold offers personal finance powered by "magic internet money", and CrowdHealth is a crowdfunding alternative to traditional health insurance. For the average person—these both sound like outrageous concepts—but they work.
The results speak for themselves.
CrowdHealth has helped fund $10M worth of medical bills, with an estimated $10M in savings during that same timeframe. And Fold members have stacked over $66M in rewards since 2019.
CrowdHealth and Fold aren't just alternatives to legacy systems—they are better solutions for individuals and families.
