The Tom Woods Show
Ep. 2630 I Seceded From My $3K Health Insurance
Apr 11, 2025
Andy Schoonover, CEO of CrowdHealth, presents a fresh take on healthcare funding by challenging traditional insurance norms. He shares his journey that sparked the need for a community-based alternative, exposing the flaws in the current system. The discussion covers the misalignment of interests in healthcare, advocating for personal responsibility and price transparency. Listeners will learn about innovative models promoting mutual support and successful member stories, all while navigating the complexities of healthcare costs.
42:29
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- The traditional healthcare system's structural incentives lead to rising costs and inadequate services, leaving consumers frustrated with their options.
- CrowdHealth offers a community-based alternative that emphasizes cash payments and mutual support, fostering transparency and personal responsibility in healthcare.
Deep dives
The Frustration with Traditional Healthcare
Many individuals express aggravation with the traditional healthcare system due to rising premiums and inadequate services. For instance, one individual shared their experience of facing a staggering $8,000 bill for a brief medical procedure, only to be informed by their insurance company that it was considered unnecessary. This highlighted a broader issue where the costs of healthcare continue to soar without a corresponding improvement in quality. As a result, some families are choosing to leave traditional plans and explore alternative solutions, leading to a growing interest in models like CrowdHealth.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
