posted on Jan, 3 2015 @ 09:42 PM
Due to the ACA, my family recently decided to go with a health sharing plan instead of "insurance". Our insurance went through the roof. I have to
pay for insurance myself and my premiums got up to around $950.00 a month due to the ACA. My deductible was $6500.00.
Pretty ridiculous, and
was going to put me in a bit of a tight spot so to speak.
A friend turned me on to a health sharing plan. I was pretty reluctant until I looked into the history of the company. I decided to take the leap and
go with the health sharing company called Medishare. It is a Christian based health sharing company. This is just the one we decided to go with.
Although it is not technically insurance, it is what an insurance company should be. My premium is now $337.00 a month with a $5,000.00 deductible.
They don't call it a premium or a deductible but it is essentially the same thing. One downside to these companies is that you are not guaranteed
that you will be able to share your health care bills with the other members, but the company I looked into had a spotless record from the early
I will let you guys know how the next year goes. In the meantime some of you guys may want to check out some of these companies, or not. Whatever
floats your boat I guess.
While you could sign up using the federal Health Insurance Marketplace, an alternative option exists for people who cannot afford new plans
– or object to buying one for religious reasons. These alternative plans, offered by health care sharing ministries, are not represented as
traditional insurance, but as ministries that allow people to share their health expenses for the common good.
“A health care sharing ministry (HCSM) provides a health care cost sharing arrangement among persons of similar and sincerely held beliefs,” the
Alliance of Health Care Sharing Ministries states on its website. “HCSMs are not-for-profit religious organizations acting as a clearinghouse for
those who have medical expenses and those who desire to share the burden of those medical expenses.”
According to the HCSM, health care sharing ministries currently cover 300,000 people in all 50 states.
link that goes more into these type of health sharing plans.
It might be something worth looking into for some of you.