Share Calculator
After receiving medical services, members present their ID cards to their medical service provider and receive negotiated rates. The provider then sends the bill to Medishare, where the ministry negotiates discounts and decides if it can be shared. Then, the provider will bill the patient for what they owe. Medi-Share is a unique, non-profit, health care sharing membership program founded on the belief that there is a biblical and Christian way of taking care of health care.
The process of receiving medical care is very similar to traditional health care. Medi-Share offers a lot of different AHP plans that are flexible and https://cryptolisting.org/ budget-friendly. If you’ve been on traditional health insurance before, you will be amazed at how flexible and affordable the Medi-Share plans are.
The Christian Medi-Share insurance amount also depends on the age of the oldest applicant. Through this program, Christians share money and help pay the medical expenses of other members going through financial difficulties. Medi-Share may act similarly to health insurance, but it is not the same thing. It doesn’t cover many procedures and wellness activities that regular health insurance covers. And because it is a religious ministry-run healthcare option, it will be subject to certain rules that other health insurance is not.
We’re putting $500 a month into a savings account that we’re earning interest on and that we can actually do other things with it if we need to. By just doing that, if we just say $500 a month over the course of the year, that’s $6,000. Even if we went up to $5,000 a year in medical bills, we still are coming out almost $4,000 ahead, than if we had opted for the low AHP plan. In row 10 (outlined in blue) you will see my grandfathered in high AHP plan of $10,500.
Medi-Share operates closely to how traditional health insurance works but with some differences. Often healthcare sharing programs have similar features but just with different names to avoid confusion with traditional insurance. It should be noted that MediShare is intended for unexpected medical bills that burden members.
- Medi-Share’s Manna Program is suitable for you if you become disabled and have to take time off work.
- So what did, is I broke down all these different categories of if we had zero in medical bills.
- Medi-Share is not medical insurance, although it shares certain similarities.
- If you haven’t met your AHP, you will receive the bill from Medi-Share.
And this makes Medi-Share Christian Healthcare insurance a good alternative to other health plans like Obamacare. To be eligible for cost-sharing, your AHP must be $3,000 or higher. You must have shared throughout your pregnancy and the limit for sharing is $125,000 for any single pregnancy event. Adoptions may also be covered, subject to certain criteria.
Medi-Share and Traditional Insurance Similarities
Both the head of household and their spouse need to meet the criteria within 30 days of one another. The members vote on the different guidelines that govern what the program covers and how well it runs. Though the program is totally based on biblical principles, it is not a charitable program. Believers have a sense of community, which includes their prayers for the sick and needy. One of the many benefits is the Medi-Share cost – which is quite affordable. The Medi-Share premium is generally based on the number of people who are participating in the program – this can be either one, two, or three or more members in a family.
Christians who are tired of paying for their costly health care or those who need help in meeting their health care expenses are eligible. Many refer to the program as Christian care Medi-Share health insurance. However, members need to comply with the rules, which means there will be no payment for procedures that are completely against Christian beliefs. Medi-Share is a healthshare plan where Christians share financial resources to pay for each other’s medical expenses. Since 1993, over $875 million has been shared and discounted among Medi-Share members.
Keep in mind, however, Medi-Share is NOT health insurance (nor is it charity), but it’s a great alternative to expensive healthcare coverage for some. I took it all the way up to $50,000 in medical bills, just to see what would happen. In that case, being on the low how much does medishare cost per month AHP plan, you are going to benefit the most. So that if you have $50,000 in medical bills in a year, you’re going to spend $12,500 total on all of those medical expenses for that year. Members choose an Annual Household Portion (AHP), ranging from $1,000 to $10,500.
Is Medi-Share only for Christians?
If you have read through this article and feel that Medi-Share is a good fit for you, you should sign up. All you need to do is click here and enter your information. I also have a friend, Jenna, who has been with Medi-Share since 2015. Here’s what she has to say about her Medi-Share membership. Knowing people are praying for you and sharing in your burden is a representation of God’s love for us. He loves us so much and works through other people to show us more of His love.
Membership Sites
Ninety percent of medical bills are shared within 30 days. There are no annual caps or lifetime limits, although maternity care after AHP may be subject to certain exceptions. MediShare (Medi-share) is a health care sharing ministry administered by Christian Care Ministry (CCM), Inc. Members pool their funds to cover eligible medical bills to improve community health.
Well, it is never easy to understand health insurance, as there is a lot to consider about costs and the availability of help at the right time. Health insurance costs have been continuously rising over the years and are expected to rise in the future too. Therefore, Christian health care ministries are playing a pivotal role by sharing costs of medical expenses. Every year, members’ monthly share is matched with eligible medical bills of other members. The medical cost-sharing between members is directly coordinated. When a member has their own bill to be paid, fellow members will share the costs and also pray for each other.
Before we get started, I’ve already broke it all down for you! I created this spreadsheet to make deductible selection easier or you. It’s totally customizable and you can download your free copy of this Medishare cost calculator by clicking this link. With Medishare the AHP functions just like an Annual Deductible.
The cost of Medi-Share depends on your age, family size, marital status, the AHP you select, and the state you live in. To participate in the program you’ll need to sign a form professing your faith and share your Church information. The health share ministry made sure to come through for her. It’s incumbent on Medi-Share Members to call PHCS directly to confirm the provider you want to see is covered under the Medi-Share PHCS system. Services provided under a DPC will depend on your provider and include office visits, vaccines, lab work, and annual physicals.
But concierge plans can accept insurance payments and Medicare where DPC does not. If it’s determined that you’re at a higher risk for disease, you could be required to become a Health Partner, which is an additional cost of $99 per month. So in just the first few months of being with Medi-Share, we had already saved over $4,000! And now, as I shared above, we’ve amassed over $70,000 in total lifetime savings. We plan to use ours for expenses that aren’t covered by our particular Medi-Share plan until we run out of funds.