CROWDFUNDING FOR HEALTH CARE EXPENSES: CONCERNS AND IMPLICATIONS 4

The emergence of crowdfunding as a means to gather financial support for medical expenses has become a global phenomenon. As the prevalence of medical crowdfunding increases within regional contexts, including in Serbia, this article aims to offer a framework for understanding this phenomenon and it...

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Bibliographic Details
Published inSociologija Vol. 66; no. 2; pp. 268 - 284
Main Authors Radovanović, Bojana, Kupsjak, Jelena, Pantović, Ljiljana
Format Journal Article
LanguageEnglish
Published Belgrade Sociolosko Udruzenje Srbije i Crne Gore (Sociological Association of Serbia and Montenegro) 01.04.2024
Subjects
Costs
Crowdfunding
Donations
Ethical dilemmas
Financial support
Fund raising
Health care expenditures
Health care industry
Health care policy
Health services
Industrial development
Literature reviews
Neoliberalism
Postcommunist societies
Regions
Socialism
Socialist societies
Welfare
Welfare state
Serbia
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Summary:The emergence of crowdfunding as a means to gather financial support for medical expenses has become a global phenomenon. As the prevalence of medical crowdfunding increases within regional contexts, including in Serbia, this article aims to offer a framework for understanding this phenomenon and its ramifications. Drawing upon a review of literature and research mostly pertaining to Anglo-Saxon crowdfunding practices, we contend that the proliferation of medical crowdfunding, which is facilitated by technological advancements, signifies inherent deficiencies within healthcare systems, exacerbated by the erosion of the welfare state. While addressing immediate financial exigencies for some individuals, this practice engenders substantial social, political, and ethical dilemmas. Structured into three sections, the article contextualizes the catalysts propelling the emergence of medical crowdfunding, notably the transformations in welfare regimes. Subsequently, it delves into the opportunities and challenges presented by crowdfunding for medical expenses, while the third section delineates the implications for healthcare systems and policies, underscoring the necessity for research elucidating medical crowdfunding within the contexts of post-socialist countries.
ISSN:0038-0318
2406-0712
DOI:10.2298/SOC2402268R