What’s Different About A Health Sharing Program
Health Sharing programs are 501(c) 3 non-profit organizations that help their members share their money to pay for each other’s medical bills. These programs are not insurance programs in the traditional sense, but offer an affordable alternative to cover your medical expenses. Plans on the Healthcare.gov marketplace often come with high premiums and deductibles, making a HealthShare plan a great option for people without pre-existing conditions.
Read more about how HealthShare plans are different from traditional insurance in our guide on How To Compare HealtShare Plans To The Health Insurance Marketplace.
The Best, Most Affordable HealthShare Companies Reviewed
HealthSharing companies became very popular after the Affordable Care Act was passed because they offered an affordable alternative to marketplace plans. However, picking the right organization is important. You want to make sure that the company is reputable, long standing and, most importantly, regularly pay the claims of their members.
- One of the oldest, most reputable HealthShare companies in the U.S.
- Great track record of paying out claims
- Offers a provider network with 900K providers nationwide
- Is stable and dependable with a member network with over 400,000 people
- Includes free telemedicine, and offers 6 months of savings on Rx
- Get paid back quickly: 90% of claims are paid within 30 days
- There is no maximum for the healthcare bill you can claim
- Negotiates with doctors and providers directly, like traditional insurance
- Has limitations on pre-existing conditions
- Must make a statement of faith to be able to join
|Monthly Share (monthly bill)||Monthly share amount is based on age, marital status and location|
|Initial Unshareable (amount you pay before coverage kicks in)||There are seven plan options:$1,000 $1,750$3,000$4,250$5,500$8,000$10,500|
- Like Medi-Share, Christian Healthcare Ministries is one of the oldest, most reputable HealthShare in the U.S.
- Offers three tiers of plan pricing—Gold, Silver and Bronze—which range in the Initial Unshareable (think of it like a deductible with normal insurance) of $500, $1,000 or $5,000
- Limits the amount you can claim to $125,000 per illness
- However, you can sign up for an additional coverage which covers needs above $1 million
- There are limitations to covering pre-existing conditions
|Monthly Share (monthly bill)||Gold: $172 per personSilver: $118 per personBronze: $78 per person|
|Initial Unshareable (amount you pay before coverage kicks in)||Gold: $500Silver: $1,000Bronze: $5,000|
- Offers three programs, Samaritan Given, Samaritan Classic and Samaritan Basic. Given is an app-based program that allows you to manage your plan through your phone. Classic is a less tech savvy way to still get medical coverage traditionally
- Samaritan Given plans include Annual Household Portions (deductibles) at $1,000, $2,000 and $5,000
- Does not cover pre-existing conditions
- Requires a strict faith commitment and regular church attendance
- Charges a $200 on-time startup fee
- Requires you to negotiate with medical providers directly
|Monthly Share (monthly bill)||Samaritan Basic: $227 Samaritan Classic: $555|
|Initial Unshareable (amount you pay before coverage kicks in)||Samaritan Basic: $1,500 Samaritan Classic: $300|