There are a lot of different unexpected medical expenses and bills that can quickly rack up, making it hard for individuals and families to overcome. Using a fundraising website is the easiest and quickest way to help raise funds for your loved one and to help with medical expenses cover.
Using online medical fundraising websites
One of the most popular ways nowadays is to raise funds for a medical treatment are through the different medical fundraising websites that have seem to be growing both in numbers and profitability. According many different researches carried about different online programs have raised more than $ 225000 in a year, and some even more than that.
All the different online fundraising websites help in gaining different kinds of medical funds that may be required by a patient. This may include hospital or clinical fees, medication fee, treatment fee and much more.
No matter what type of medical expenses you might have over your head, raising funds online through different online fundraising programs is one of the fastest and most efficient way there is, it is extremely convenient much more easier that holding a bake sale or a silent auction to collect funds for a patient. However, it should be kept in mind that this may not always be the best solution for every patient.
How to select the right fundraising website for you
Not all online fundraising programs are that fast, there are some websites that pass on the raised funds as soon as a donation is made to it. But there are some others who hold on to the donations until the fundraiser is over, that is usually an end date is setup for such campaigns. And there are still some cases in which no money is turned over if the specific goal of the online fundraiser isn’t met. In such a case the contributions are credited back to the donors. To help decide which type of online fundraiser is ideal for an individual to help cover their medical expenses it is advised to properly go through the different online fundraising programs that are available, while also going through their rules and policies.,/p>
Fees can vary between websites too. Make sure you read carefully if there are any fees and at what cost. PeoplePledge is a free medical fundraising website for example. Unlike other websites that may be available, you can raise money to help with medical expenses for free, so you get more of what is donated. The only fee is a PayPal transaction fee which is a standard on most websites. Other websites can charge an administration fee of up to 10 percent.
Benefits of fundraising online
The best part of raising money online for different types of medical expenses is that it uses many different types of online social media that are available now days, such as Facebook or Twitter. This makes it extremely easy for a patient to help them advertise their medical financial problems to a whole new crowd found on these online social media websites, therefore providing them with a much faster way to gain funds. Plus it is extremely easy to do so. All one would need to do is make an account on one such online fundraising program. Once the details are filled, the online program will share it with friends and family and consequently friends of friends about the financial issue of the patient therefore leading to quick growing funds.
Basically these online “crowdfunding” websites are doing what has always been done but with the help of technology, but they have made it accessible to more and more donors, allowing you to get help with medical expenses faster and easier. The result is that through these online fundraising websites people can tell discuss their medical financial problems to a much larger crowd while keeping the potential donors updated through using different blogs.
References:
1. Online fundraising to help pay medical bills takes hold: http://kaiserhealthnews.org/news/online-fundraising-to-help-pay-medical-bills-takes-hold/
2. Crowdfunding medical expenses: http://www.usatoday.com/story/news/nation/2013/01/11/crowdfunding-medical-expenses-fundraising/1786039/