CoinMD Releases White Paper on New Cryptocurrency for Healthcare

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As healthcare costs skyrocket, CoinMD offers a new solution for retirees

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Healthcare in America is facing a Perfect Storm that will challenge any retiree to pay for their future healthcare

Everyone’s talking about Bitcoin and Ether, after the recent surge in value of those digital currencies. They can now be used to buy everything from consumer electronics to soccer tickets.

But a second wave of digital currencies aims to modernize specific sectors that rely on outdated systems and business models.

One such new entry is CoinMD: a blockchain-based smart currency that provides an alternate way to pay for healthcare. The new cryptocurrency powers a membership network designed to make healthcare more affordable for members.

CoinMD uses highly secure blockchain technology to enable payments to doctors, insurance providers, and wellness services from a specially designed electronic wallet (e-wallet).

Why is CoinMD necessary?

To answer that question, CoinMD today published a comprehensive white paper on the coming global crisis in healthcare titled "How Will You Pay for Your Healthcare After You Retire?" (available from https://coinmd.io/whitepaper/how-will-you-pay-for-healthcare-Aug-2017.pdf)

This extensive, well-researched document lays out how healthcare in America is facing a Perfect Storm that will challenge any retiree to pay for their future care. Among the gathering storm clouds:

●    An aging population, with millions of Baby Boomers reaching their 70s
●    Healthcare costs rising at an unsustainable rate, far faster than inflation
●    The loss of traditional safe-haven investments like real estate and gold
●    Depreciating currencies that erode retirement savings
●    Precarious social programs like Social Security and Medicaid that will have to become less generous

The white paper spells out how this crisis will affect people of every age: Baby Boomers, Generation Xers, and Millennials alike.

Then it outlines CoinMD as a healthcare-specific smart currency that will drive a membership network linking selected healthcare providers with consumers. Discounts on group purchases, coin rewards for members, and the expected appreciation of the cryptocurrency will all combine to make healthcare more affordable.

“Most people heading into retirement haven’t saved enough to cover their future healthcare,” declares CoinMD founder and CEO Thomas E. McMurrain. “We all want a comfortable retirement, but I’m afraid many will not enjoy one. Our healthcare system is heading into the Perfect Storm. So, the goal of CoinMD is to give people a perfect hedge against the perfect storm.”

Download the CoinMD white paper: https://coinmd.io/whitepaper/how-will-you-pay-for-healthcare-Aug-2017.pdf

About CoinMD

CoinMD, Inc. is a private membership network designed to make healthcare more affordable. Linking world-class healthcare providers with an active pool of consumers, CoinMD uses the buying power of the network to negotiate deals that lower costs for members. The network also enables members to earn CoinRewards by making insurance payments on time, using in-network health and wellness providers, and sharing CoinMD with other people.

CoinMD uses a new cryptocurrency powered by a secure blockchain and designed to gain value over time, instead of losing value like national currencies. Anyone of any age—seniors, Baby Boomers, Generation Xers, or Millennials—can join CoinMD to benefit from lower costs today and a more secure retirement tomorrow.

For more information, visit http://www.coinmd.co

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Janet Gauthier
CoinMD
+1 (575) 779-5175
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Tom McMurrain
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