694. How to Leave the Health Insurance System & Pay Way Less for Better Care w/ Andy Schoonover

There's a better way to protect your health than paying for health insurance.

My guest Andy Schoonover, founder of CrowdHealth, quit insurance after his plan refused to pay for his daughter's $8,000 ear procedure and built a parallel system.

Paying cash shocked him. The same stress echo test that cost another man's insurance plan $5,000 cost him $225, and his pediatrician knocked 40 or 50 percent off the bill once insurance left the room.

Andy explains how nearly 20 percent of claims get denied by design, why doctors see only eight cents of every healthcare dollar, and how 35,000 people are funding each other's medical bills through CrowdHealth.

He also shares why he's willing to go to war with the system, even after death threats and regulatory fights.

If you've ever opened an insurance bill and felt your stomach drop, this one is for you.

Visit lukestorey.com/joincrowdhealth and use code LUKESTOREY to join for just $99 per member per month for the first three months.

You'll learn:

[0:00] Introduction

[5:27] A moral obligation to fix a broken system

[9:40] Up to four million would-be entrepreneurs held back by health insurance

[23:54] Routing it through insurance locks you out of cash pricing