Obamacare Exemption & Great Healthcare at ½ Price
Health Share plans are not compliant, but they are exempt so you won’t have to pay the ACA penalty
Health Share Plans are exempt from the tax penalties outlined in the Affordable Care Act. If you are enrolled in one of these plans, you won’t have to pay the Obamacare health insurance penalty. Also, you can get quality PPO health care at around half the price.
List of Top 6 Health Sharing Organizations
Better Business Bureau Rating
|Aliera Healthcare||A+ Rating|
|Altrua HealthShare||B- Rating|
|Christian Healthcare Ministries||Meets Standard|
|Liberty HealthShare||Not Rated|
|Samaritan Ministries||Meets Standard|
Health Share Plans Are Recognized by the Affordable Care Act
There are six Health Share (HCSM’s) that are recognized by the ACA. These six meet all the criteria above and offer penalty exemptions for their enrolled members.
Exempt vs. Compliant
These plans are exempt, meaning that they do not have to meet the requirements of the Affordable Care Act. And, those enrolled on these plans do not have to pay the penalty.
However, these plans are not compliant. Compliant plans must be traditional health insurance plans and must meet all the benefit requirements of Obamacare. Compliant plans must include free preventive care and all the minimum essential benefits as outlined in the ACA.
Requirements to Be Exempt
Health Care Sharing Plans must meet all the following criteria in order to be exempt:
- Must be a a 501 (c)(3) organization
- Members must share common ethical or religious beliefs*
- Members cannot lose membership due to the development of a medical condition
- Must have existed and been in practice continually since December 31, 1999 (grandfather clause)
- Must be subject to an annual audit by an independent CPA
*Note: Aliera Health Care offers coverage for individuals of all different faiths.