Regular visitors to SurvivalBlog no doubt share the desire for greater independence and are assisted by the virtues of frugality and common sense. Like many of you, I search for alternative products and services that fit my budget, lifestyle, and values. One line item that proved difficult to match my requirements but was a necessary evil for years was health insurance. I have a family with young children and as much as I admire pioneers and the old ways of doing things, I could not responsibly choose to forgo coverage altogether. Thankfully about six years ago I researched Christian health sharing programs and made the switch from conventional insurance, and I could not be more grateful or happy that we did.
I hope that by sharing my family’s experience we will help others. We would particularly like to help those who are baffled or struggling with conventional insurance and medical costs and are not aware of this option and how it can change your lifestyle.
A health care sharing ministry program has functions and terms that are familiar to anyone with conventional health insurance. Members pay a monthly “sharing amount” that works like a premium, which is used to pay program costs but is also directed to a pool that is used to pay member claims. This monthly share may be variable based on the program sponsor, but each sponsor may have varying tiers of coverage. Like insurance, if you want more coverage, you pay a higher share. My family of five pays $650 per month for our program’s highest level of coverage. There is an annual “unshared” amount of medical expenses that fall on us, like an insurance deductible. Unlike the deductible, there is no additional cost sharing once we hit our unshared amount limit. Insurance will continue to use coinsurance or copays until there is an even higher “max out-of-pocket” limit. My family’s annual unshared limit with our health share is $3,500. Other programs have similar cost tiers but from what I have seen the most expensive option costs far less than any policy and have far more generous coverage terms.Continue reading“Consider Health Sharing Programs, by Harvey Griffin”
