Medical Crowdfunding - A saviour for less-fortunate people

Medical Crowdfunding - A saviour for less-fortunate people

In today’s world, medical treatments come with a considerable price which is not affordable for many people, especially the costs of life-threatening diseases. A medical issue may be both terrifying and frustrating. Your path with health might involve many potential dangers, and attempting to handle them alone can be pretty stressful. Even in India, according to Economic Times, India has nearly 30% or 42 crore of its population devoid of any health insurance with actual numbers being higher due to gaps in the existing scheme and overlap between the schemes. 

 

Fortunately, the rise of medical crowdfunding has provided a glimmer of hope for those who find themselves in desperate situations where they have no financial means to treat their loved ones. Crowdfunding allows people to reach out to others, share their stories and seek financial assistance from compassionate individuals around the world. 

 

In comparison to other nations, a considerable portion of the population in India lives below the poverty line, and many are compelled to use private hospitals since government-run facilities do not provide the necessary amenities. A lot of individuals cannot afford the excessive expense of medical care in private hospitals; the high costs of medical treatments, surgeries and medications become a huge financial burden for many individuals, especially for those without adequate health insurance or limited financial resources. 

 

Medical crowdfunding has emerged as a lifeline, providing an alternative solution to reduce the burden of financial constraints. It can assist in resolving this issue by giving individuals who cannot afford medical treatment free care. Crowdfunding platforms like Filaantro gives people the chance to fund medical treatments. 

 

Medical crowdfunding

 

In India, where more than 50% of the population lives in rural regions, there is an enormous gap between urban and rural areas. This implies that many individuals may not social media sites like Facebook or Twitter but would still like assistance in finding a treatment. That’s where various crowdfunding organizations come to aid. Beyond financial assistance, medical crowdfunding empowers individuals and communities in several ways. It encourages people to share their stories and struggles, fostering a sense of unity and emotional support. 

 

Filaantro is a crowdfunding organisation that has helped many people especially children with threatening diseases by raising funds. Filaantro along with Child Help Foundation through crowdfunding has supported 2879 emergency medical cases. You can also start fundraising pages for medical emergencies on Filaantro

 

Medical Crowdfunding has emerged as a beacon of hope for the less fortunate. Providing them with a platform to access life-saving treatments and medical care. It has brought many generous individuals around the world together transforming the lives of people in need eventually strengthening the global bond. We hope that this article reciprocates the perspective of medical crowdfunding and how it has become a ray of hope to many less-fortunate people. 

 

AUTHOR: ATHIRA PRADEEP NAIR

 




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