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Crowdfunding - A Potential Alternative to Medical Insurance?

Crowdfunding - A Potential Alternative to Medical Insurance?

Ringgit and Sense

January 16, 202020m 45s

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Show Notes

It's no secret that insurance penetration in Malaysia is well below our targets, and Ravinder thinks that the way to address this is through a national scheme championed by the government, but how would something like that look like?

We also talk about a project he's been helping out on, Life Engineering. This platform aims to use a sense of community and crowdfunding to cover medical care costs, instead of insurance, but is this viable option?

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Topics

Financial ServicesPersonal FinanceInsuranceMedical Care CostsHospitalisationCrowdfunding