Ashoke Bose
In this paper, I present a method for a peer to peer payment
network which will allow members to share the
cost of their medical bills. The proposed P2P payment
system could replace the traditional health insurance
model. Further, it could save more than $83B annually
in USA which is the administrative cost of top six health
insurance companies. First, an economic analysis of the
current health insurance model is presented to allow the
readers who are not familiar with US health care system
to understand the current challenges.