I was just introduced to Medi-Share, a non-profit Christian ministry where people share their high cost medical expenses. They even have services to negotiate rates for individuals after they’re thrown an exaggerated medical bill. It seems like they’ve created a viable alternative to the expensive and intrusive third party payment system. On their website they say that since 1993, “more than $345,000,000 in needs have been shared among members.”

Great way to get the middleman out of the way.

Filed under: Innovation