Drawbacks to Health Share Plans & HCSM’s
Problems with Health Care Sharing Ministries
Despite the great pricing and benefits, Health Share Plans are not for everyone. People with pre-existing conditions and subsidy eligible individuals may benefit more by going with a traditional health insurance plan through the state exchange. There are certain drawbacks to Faith Based and Christian Health Share Plans:
- No Government Subsidies
- Exclusions/Wait Times for Pre-Existing Conditions
- $1 Million Life-Time Limit
- No Coverage for Mental Health, Addiction or Eating Disorders
- No Coverage for Autism or ADHD
- Require agreement to a statement of beliefs
There are no government discounts on the Health Share Plans. If you qualify for a substantial Obamacare subsidy, it may be in your best interest to enroll on a standard health insurance plan through Covered California.
If you have a pre-existing condition which requires expensive prescription drugs or will require hospitalization or surgery, most likely your best option would be a traditional health insurance plan. On Health Share Plans, coverage for pre-existing conditions often requires up to a 24 month waiting period or is excluded altogether.
For most people, the one million dollar lifetime limit is not a big deterrent. However, in the rare case that you did hit that limit, you could just switch over to a regular health insurance plan at the end of the year during open enrollment so you would no longer have to worry about the million dollar limit.
With Aliera Health Care, smokers have to pay an additional fee of $60 per month. And, they have to quit smoking within one year in order to stay on the plan.
There is a statement of beliefs that you have to agree to. With Aliera, almost anyone could agree to their statement of beliefs. It is open to all religious views and sexual orientations. However, with other Health Care Share Ministries (HCSM’s) like Medi-Share, Altrua, Christian Healthcare Ministries, Liberty HealthShare and Samaritan Ministries, they require strict adherence to a Christian ethical code along with a commitment to church attendance, limited drinking, heterosexuality, and sexual relations only within the context of marriage.
Be aware that these plans do not include coverage for mental health or counseling services. They do not include addiction recovery or assistance with eating disorders. Also, there is no coverage for Autism or Attention Deficit Hyperactive Disorder (ADHD).
If these drawbacks are not a deterrent for you, you may be able to get great coverage at very affordable prices through a Health Share Plan like Aliera Health Care. click here to find out why Health Share Plans are so attractive to some people.