If you don't qualify for a federal subsidy and can't afford a plan under the Affordable Care Act, Christian healthsharing ministries are non-profit groups that support people and families who are suffering to pay for medical care. Healthcare sharing ministries, in general, are a cost-effective way to care for your family's health.
Health-sharing programs run by Christians are not insurance. Healthshare ministries offer a variety of programs, but participants are responsible for each other's medical bills. Depending on the option you select, your monthly portion will be distributed to those who have medical expenses. It's a case of bill splitting. A group of people who share similar interests band together to help each other pay for medical expenses.
How Families Benefit From Medical Cost-Sharing
When it comes to medical cost-sharing, a family is typically considered three or more sharing members from the same family. Some of the reasons Christian health share ministries are a great option for families include:
- Lower monthly payments
- The option to keep your doctors
- The ability to shop around for more affordable medical procedures
In 2020, the average national cost for health insurance was $456 for an individual and $1,152 for a family per month. However, costs vary among the wide selection of health plans.
This is especially true when it comes to medical procedures where prices can vary tremendously.
Pre-existing conditions are also considered.
How Liberty Health Share Works
Not all health sharing programs are the same, but with Liberty Healthshare, members practice the biblical teaching, “Bear one another's burdens, and so fulfill the law of Christ.” Gal. 6:2
Members who send their advised monthly share amount to an allocated member in need on a regular basis can have their needs (if and when they arise) assigned to active sharing members.
Most requests for sharing are subject to limitations and may require prior approval. A health questionnaire must be completed prior to enrollment.
If you’re interested in learning more, contact us at any time. Or download our Free Healthshare Decision Guide.
