CoinMD Seeks to Become Hedge Against Rising Healthcare Costs for Retirees

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As more people join the CoinMD private network, the value of its cryptocurrency should grow

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Most working Americans will not be able to afford healthcare when they reach retirement

According to the white paper just released by the new private cryptocurrency firm CoinMD, How Will You Pay for Your Healthcare After You Retire? traditional retirement strategies are no longer adequate. For example, gold has lost one-third of its value since 2012. And many consumers are still recovering from the 2008 meltdown in real estate.

The white paper (available from shows that retirees will need better investment vehicles to pay for their future healthcare.

CoinMD predicts that most of today’s working Americans will not be able to afford healthcare services when they reach retirement. Thomas McMurrain, CEO of CoinMD, explains this historical trend: Ever since Social Security began in the first half of the 20th century, healthcare costs have risen faster than inflation.

“People use many strategies to protect their retirement: downsizing their homes, adopting healthier lifestyles, relying on public-sector pensions, and saving money for retirement. But none of these work as well as they used to, thanks to uncertain markets, meltdowns, and ongoing inflation,” McMurrain says.

CoinMD proposes an innovative solution to this problem.

CoinMD members use a private cryptocurrency like Bitcoin designed specifically to make healthcare more affordable. Members can pay for healthcare goods and services from a selected number of providers, from traditional to holistic. Since the cryptocurrency holds its value for healthcare only, it is not affected by the outside economy.

Every national currency tends to depreciate because governments print money to cover their deficit spending. But CoinMD is a limited resource with a finite number of coins that will ever exist. This gives it the potential to appreciate in value. As more people use the CoinMD network, the value of its private cryptocurrency should rise.

Ideally the value of CoinMD will rise faster than the costs of healthcare for aging Baby Boomers, Generation Xers, and Millennials. If so, this will provide an effective hedge against healthcare costs in retirement.

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.

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