People are increasingly turning to GoFundMe for medical bills - and the company's own CEO realizes that's a huge indictment of the US healthcare system
- Roughly one-third of the $5 billion donated on GoFundMe each year is used for medical expenses, according to recent data.
- In a recent interview, GoFundMe CEO Rob Solomon explained why that's an indictment of the US healthcare system.
Crowd-funding sites like GoFundMe have become a critical part of the health care system - and GoFundMe's CEO recognizes that that's a bad thing.
By the numbers: GoFundMe sees more than 250,000 campaigns each year related to medical expenses. They account for about a third of the roughly $5 billion people donate through the site, according to Kaiser Health News.
What they're saying: In an interview with KHN, GoFundMe CEO Rob Solomon made clear he is not thrilled about what this says for the U.S. health care system. Some highlights:
- "I had no notion of how severe the problem is. You read about the debate about single-payer health care and all the issues, the partisan politics. What I really learned is the health care system in the United States is really broken. Way too many people fall through the cracks."
- "The system is terrible … there are people who are not getting relief from us or from the institutions that are supposed to be there. We shouldn't be the solution to a complex set of systemic problems."
Not everyone can launch a successful health care fundraiser. It often takes "medical literacy, social-media savvy and access to video-making equipment," as Marketplace noted last year.
- The crowdfunding attempts that struggled the most came from people with "multiple and overlapping health and social crises" - the same people who often have the hardest time with the traditional health care system.
Our reliance on charity goes further, too. There's a different charity, called R.I.P. Medical Debt, that buys up and pays off people's medical debts. So far it has paid off $434 million - out of the $750 billion Americans owe.
The bottom line: Our health care system is … not great.
Go deeper: Surprise medical bills could be a powerful campaign issue