What is Healthcare Sharing?
Health sharing plans, also referred to as medical sharing plans, are a popular alternative to traditional health insurance. They involve cost-sharing among members of a faith-based organization. Members of these organizations voluntarily pay a certain amount monthly or annually to help each other cover medical expenses. They are designed to provide members with access to the best medical care in any health facility nationwide. Healthcare sharing costs are significantly lower than traditional health insurance, but the benefits may be more restrictive.
The main difference between the typical health insurance plans and health sharing plans is in distributing dues and payment of claims. Your day-to-day experiences with medical sharing plans will probably mirror past experiences you have had with traditional health insurance plans.
Can a Christian Medical Sharing Plan Work for My Needs?
Before enrolling in a healthcare sharing plan, it is important to note that it is different from traditional medical insurance coverage. Health sharing plans offer a wide range of policies and payment options while meeting the needs of all the members of the organization. Some of these plans also differ in that some may pay for claims that others would not pay for. If you have a pre-existing condition, you should consult an agent to determine which plan is right for you.
Suppose this is your first time looking into a medical sharing program. In that case, you should consult a licensed professional who can help you go over different plan levels available to you.
Join a Medical Sharing Program Today
The cost of buying an insurance plan can be overwhelming, especially for someone who has recently become self-employed or is in between jobs. With the rising insurance costs, you may feel burdened and decide to go without insurance coverage. However, paying for medical expenses out of your pocket when a personal injury or accident occurs can be even more challenging. You can stay prepared for these kinds of disasters by enrolling in a Christian healthcare sharing plan.
Even though it comes with certain restrictions, medical sharing plans can provide a more affordable alternative to traditional health insurance. If you are thinking of enrolling in a healthcare sharing plan, you can call us today to get your quote.