Crowdfunding - A Potential Alternative to Medical Insurance?
Ravinder Singh, Registered Financial Planner and Veteran of the Insurance Industry
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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?
Presented by: Roshan Kanesan
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Categories: Personal Finance, Investments, Financial Literacy, Young Finance
Tags: Insurance, Medical Care Costs, Hospitalisation, Crowdfunding,