Healthcare Community Fund

No, we are not an insurance company.

NestEggo is a community platform that makes it easy for people to come together and contribute funds to help cover one another’s surprise medical bills.

Therefore, we require all community members to have an active health insurance policy.

Yes! You can add 1 additional adult living within the same household and your children under age of 18.

The account benefit level will be shared between primary and dependent members.

For example, if your benefit level is $10,000, the community can contribute up to $10,000 to cover you or your family’s medical cost, if needed.

Benefit level is cumulative over the lifetime of the account. Any unused Benefit Level can be carry forward year-to-year.

The Benefit Level rewards members who are helpful to other members and to the community. It’s determined by two factors:

1. Length of membership, and
2. Member activity

In general, here’s the benefit level schedule:

Join:

Starting benefit level: $1,000

Referral:

For every new member you refer, you add a bonus of $250 to your benefit level.

Your friends who signed up with your invite code will also receive a bonus of $250 to their benefit level.

Length of Membership:

For each year you stay a member, you will be awarded a bonus increase in Benefit Level ($1,000 to $5,000).

The amount will be based on your contribution participate rate during the prior year. The higher your participation rate, the higher the bonus award.

You can check your benefit level at anytime by login to your account.

When a member in the community needs help paying large medical bill, you will have a chance to participate by making a small voluntary contribution to help the member in need.

The contribution amount is usually affordable ($10 to $50). You can review the specific situations of that member and decide if you want to help.

The community fund can help cover large unexpected medical bills from major accidents or serious illness.

Typically, members request community fund’s help with large medical bills (more than $1,000).

All member of the community will have a chance to review your case and decide if and how much they want to contribute to help. Actual amount received will be based on total member contributions.

It’s meant to serve as an extra protection against large unexpected medical expenses, and not a substitute for health insurance.

This prevents someone from enrolling only after they’ve incurred the medical costs, and helps to protect community members and available funds.

The earlier you start being part of the community, the higher your Benefit Level will be when you or your family need help covering large medical bills.

The more helpful you are to the community, the more help you will get when you need it.