Health Savings
HealthShare vs Traditional Health Insurance
Health cost sharing programs are distinct from insurance plans in several important ways. Unlike traditional insurance, health sharing entities operate as non-profit, charitable organizations with a primary goal of assisting members in covering their medical expenses.
Instead of relying on premiums, these programs pool funds contributed by members to provide financial support when medical needs arise. This collaborative approach fosters a sense of community and solidarity among members while offering a viable alternative to conventional insurance coverage.
WHO IS A GOOD FIT FOR HEALTH-SHARE?
These may include people who qualify or meet the following criteria:
- Those with overal good health.
- Actively engage in healthy lifestyle and activities.
- Those looking for alternative options.
- Pre-Retirement Age.
- Owners or operaters of small or medium size business.
- Self-Employed Busineses.
- Employer Health Insurance.
- People who want more control over their health coverage.
- Those looking to save on increasing healthcare cost.
- Difficult to be eligible for subsidies.
How Are We Different?
Health insurance and health share programs differ significantly in terms of members’ rights to choose covered medical expenses and eligibility requirements. Health insurance plans are bound by the regulations of the Affordable Care Act, which mandate accepting individuals with various medical conditions. While this inclusivity is beneficial in ensuring access to care, it can also lead to increased costs and render comprehensive plans financially inaccessible for many Americans. On the other hand, health share programs offer more flexibility in determining coverage and membership eligibility, potentially providing more affordable options for individuals seeking alternative healthcare solutions.
In contrast, health share programs are not obligated to adhere to the requirements set by the Affordable Care Act (ACA). This flexibility allows them to be more discerning in approving members, potentially leading to cost savings for the entire membership. By carefully evaluating and selecting members, health share programs can create a more tailored and cost-effective approach to healthcare coverage.
HEALTH SHARE PROGRAMS BENEFITS
LOW MONTHLY COSTS
Members enjoy considerable saving with a Healthshare program Monthly cost vary depending upon the member plan you choose.
MUCH MORE AFFORDABLE
With four plans to choose from, you will see significant savings over traditional insurance plans. We provide solutions for individuals and families both.
WE NEGOCIATE FOR YOU
Our team of professionals do all the heavy lifting and negotiate the best rates for medical and pharmaceutical needs or services.