Crowdfunding patient care 7.23.11

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Brief history of patient tools for caregivers, friends, and family. Includes GiveForward, CaringBridge, CarePages, MyLifeLine.org, etc.

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Crowdfunding patient care 7.23.11

  1. 1. CrowdFunding Patient Care<br />Desiree Vargas Wrigley<br />desiree@giveforward.com<br />@desireegf<br />
  2. 2. Definitions of CrowdFunding<br />Wikipedia Definition: Crowd funding describes the collective cooperation, attention and trust by people who network and pool their money and other resources together, usually via the internet, to support efforts initiated by other people or organizations.<br />My Definition: The collective generosity or investment by a group for a mutually agreed upon benefit-usually a person or a cause.<br />
  3. 3. CrowdFunding Sites<br />
  4. 4. Social Media<br />
  5. 5. Caregiving Stats<br /><ul><li>65 million people (29% of U.S. population) are caregivers.
  6. 6. 65% of people who need ongoing care rely exclusively on Friends and Family
  7. 7. Average caregiver is 46 year-old woman who makes $35,000 working outside the home
  8. 8. The cost to U.S. businesses is $3.8Billion a year
  9. 9. Caregivers of spouses are 6 times more likely to suffer from depression</li></ul>Caregiving in the United States;National Alliance for Caregiving in collaboration with AARP; November 2009http://www.caregiver.org/caregiver/jsp/content_node.jsp?nodeid=892<br />
  10. 10. Patient Blog Sites<br />
  11. 11. Patient Blog Sites<br />
  12. 12. Patient Blog Sites<br />
  13. 13. Caregiver Sites<br />
  14. 14. Caregiver Sites<br />
  15. 15. “What can I do to help?”<br />
  16. 16. Celebratory Giving<br /><ul><li>Weddings
  17. 17. Bar/Bat mitzvahs
  18. 18. New Baby
  19. 19. High School Graduation
  20. 20. College Graduation
  21. 21. Birthdays</li></li></ul><li>Out-of-Pocket Expenses<br /><ul><li>Americans paid $363 Billion in 2010
  22. 22. Average cancer patient spends $8500 a year
  23. 23. Median income in the U.S. is $46,000
  24. 24. 50% of Americans cannot come up with $2,000
  25. 25. 2011 Average deductible is $1200 and out-of-pocket requirements for HMO is $5,656 and $5,860 for PPO’s
  26. 26. 67% of bankruptcies caused by medical debt (usually less than $17K)</li></li></ul><li>CrowdFunding Sites<br />
  27. 27. CrowdFunding Sites<br />
  28. 28. CrowdFunding Sites<br />
  29. 29. The Future?<br /><ul><li>Better understanding of the cost of care.
  30. 30. Transparency in out-of-pocket expenses.
  31. 31. Price shopping for care.
  32. 32. More people planning for these expenses.
  33. 33. Employers responding to additional demands of ill workers.
  34. 34. New businesses to support these additional costs.</li></li></ul><li>Desiree Vargas Wrigley<br />desiree@giveforward.com<br />@desireegf<br />

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