UMBRELLA COIN
If you've read our whitepaper, you know that we are doing this project as a way to lessen the impact of hidden insurance costs on the policyholder. We're also prioritizing paying back unused benefit seeding funds, while still providing payouts if certain waiting periods are met and the community approves your request. We're staying away from calling this full blown insurance because: *The industry is highly regulated and varies country to country. This makes it harder to standardize our offerings. *The legal ramifications of the above. Community involvement is the cornerstone of UMC If you follow the news in the USA, you know that health care is a hot button topic here. What should be covered? Who should pay for it? How can we get costs lower? It's a very partisan issue and very little is being agreed on. I was at dinner tonight with a friend. We both work for Microsoft and get very good health insurance (by USA standards) but, as you can imagine, s...