Crowdfunding Creeps Into Healthcare Debate

Crowdfunding may be creeping into the health care debate as many in the United Kingdom are now seeking the kindness of strangers.

BuzzFeed News has reported that almost 25% of persons prescribed a wheelchair are not receiving one due to cost cutting by the UK’s national health service, driving many to plead for funds to buy their own on charity crowdfunding web portals.

With some powered chairs costing upwards of £24,000, many are unable to fund them and thus have their schooling and jobs put at risk.

While some may point to the fault of socialized medicine, where there is no funding mechanism at all (here in the US?), this may be an even larger issue for the disabled.

About JeffKoeppel

I am a corporate/securities attorney in the Washington, DC area. Prior to joining the firm, I was a Senior Attorney Advisor in the Division of Corporation Finance at the U.S. Securities and Exchange Commission. I am a member of the Bars of the States of Maryland, New York and the District of Columbia. You can also follow this blog on LinkedIn at:
This entry was posted in accredited investor, Charity, checkbook, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Funding Portals, Jobs, Legislative Intent, penalty, technology and tagged , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

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