NetworkNewsBreaks – Medical Innovation Holdings,
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Medical Innovation Holdings, Inc. (OTC: MIHI) this morning announced the launch of a Health Care Sharing Organization (“HCSO”) designed to complement Telemedicos USA, the company’s health care platform for the Spanish-speaking community. Per the update, HCSOs, while not considered health insurance, provide meaningful financial protection for families interested in sharing their health care expenses with other like-minded families with the goal of keeping out-of-pocket expenses low. “The alternative to skyrocketing insurance coverage costs is to develop our own product sets we can take to market and offer an alternative to price and approach,” Arturo ‘Jake’ Sanchez, CEO of MIHI, stated in the news release. “The HCSO allows us to do that and at the same time serve a large and expanding marketplace. We believe we would be the first to offer such a unique and needed service in the Hispanic community. It fits nicely with Telemedicos as now we can blend the two offerings into a single and simple payment offering coverage via brick and mortar and virtual visits.”
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