Simon Fraser University Professor Jeremy Snyder on Crowdfunding Medical Bills: “It Ignores the Core Problem”

As more and more people continue to turn to crowdfunding for personal needs, professor of Health Sciences at Simon Fraser University, Jeremy Snyder, cautions those who use the funding method for medical bills.

medical concept -  stethoscope over the dollar billsDuring a recent interview with CBC News, Snyder stated that rather than filling in the gaps of unpaid healthcare, crowdfunding medical expenses may make some people more vulnerable:

“It’s sort of marketing, selling behavior. It changes it from a situation in which we’re all in the same system to one in which we’re competing with one another for the same donors, and instead of focusing on need, it’s really who’s most sympathetic.”

He then noted that the amount of people using crowdfunding to met basic needs should alarm others and that not everyone benefits from crowdfunding and those with the best results are likely powerful in others, which is either through personal wealth or social networks:

“It’s a powerful tool for individuals. But we shouldn’t forget that that’s not going to be the case for everyone.”

Jeremy SnyderSnyder added that he doesn’t suggest people giving up on crowdfunding entirely and to instead consider advocating for more systemic changes offline.

Snyder holds a BA in Philosophy from George Washington University and aPhD inPhilosophy at Georgetown. His research interests focus on our moral obligations toward vulnerable populations. He has teaching interests in public health ethics, particularly at the intersection between public health, global poverty, and resource inequality. It was noted that in the past he has taught on a range of topics in applied ethics, focusing on ethical obligations stemming from poverty, increased economic integration, and power asymmetries.

 



Sponsored Links by DQ Promote

 

 

Disclosure Quest

Reg A - Form 1-A Filings Beta

Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.

YTD: Jan 1, 2026 - Oct 29, 2026 vs Jan 1, 2025 - Oct 29, 2025

Share this graph
Number of Filings132Prior 128 +3.1%
Target Raise, Total$3.44BPrior $3.56B -3.5%
This YTDYear priorChange
Filings 132 128 +3.1%
Target raise $3.44B $3.56B -3.5%

Sponsored by the Crowded Media Group the leading digital news service covering the global Fintech Industry, including digital assets, crowdfunding, tokenization, and other innovations in capital markets. email us @CrowdfundInside

Source: DisclosureQuest. Initial Form 1-A only.

Created by Crowded Media Group

This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.

0 0 votes
Article Rating
Subscribe
Notify of
guest

This site uses Akismet to reduce spam. Learn how your comment data is processed.

1 Comment
Newest
Oldest Most Voted
 
1
0
Would love your thoughts, please comment.x
()
x
Send this to a friend