It Seems Blockchain For Health Data Ideas Are Popping Up Everywhere. It ’s Getting Crowded!

This popped up a few days ago:01.04.18Can This App That Lets You Sell Your Health Data Cut Your Health Costs?CoverUS wants to use the blockchain to let healthcare companies reward you for the data they now buy from your insurance company. By Ben Schiller Americans could do with new ways to save on healthcare. Obamacare-administered plans are set to get more expensive by up to 50% this year amid uncertainty around federal subsidies that help pay for premiums. The cost of employer-sponsored insurance, meanwhile, continues to jump well above inflation. Many of us are hit with surprise medical bills we can ’t afford.CoverUS, a startup, has one idea: monetizing our health-related data. Through a new blockchain-based data marketplace, it hopes to generate revenue that could effectively make insurance cheaper and perhaps even encourage us to become healthier, thus cutting the cost of the system overall.It works like this: When you sign up, you download a digital... This is the initial part of the post - read more by clicking on the title of the article. David.
Source: Australian Health Information Technology - Category: Information Technology Authors: Source Type: blogs