Save Money by Choosing Health Share Coverage
Health Share Plans Offer Much Lower Costs than Traditional Health Insurance
Show me the savings! Consumers who do not qualify for a Covered California subsidy are finding that they can save a lot on monthly premiums by choosing a Health Share Plan rather than going with traditional medical insurance coverage. Once people see the substantial cost savings for comparable coverage, many are sold on these plans very quickly.
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|
For a handful of reasons, Health Share Plans are able to offer lower monthly premiums:
- Lower negotiated rates
- Healthier pool of members
- Members making healthier lifestyle choices
- No coverage for pre-existing conditions
Health Share Organizations like Aliera Health Care have a statement of beliefs that members must adhere to in order to sign up for coverage. You have to be committed to taking care of your health. This results in a healthier pool of members and lower costs for those members.
Also, there is no coverage for pre-existing conditions until after a waiting period. No pre-existing coverage sounds like a negative, but that means that you as the member are not paying high fees to pay for the medical costs of someone else who comes in with expensive pre-existing health problems.
On one hand, perhaps you have compassion for people with conditions such as heart disease and cancer. But do you want to be the one to pay for their expensive medical care?
If you’re the one with those pre-existing conditions, that’s a drawback for you, and you may want to opt for traditional California Health Insurance in order to get coverage right away. However, if you don’t have pre-existing conditions, you can save a lot of money by sharing health care expenses with a group of similarly healthy people. Health Share Plans make this possible for you.
Full coverage plans start at $143 per month for an individual and $357 per month for a family. Catastrophic plans are even more affordable starting at $105 per month for an individual and $255 per month for a family. Comparable health insurance plans often cause double or triple that, especially for families.
Health Share Plans, also known as Health Care Share Ministries (HCSM’s) have done an excellent job negotiating costs with providers. That means lower costs for you at the point-of-service and lower monthly rates.