Medi-Share FAQ: When it comes to ditching health insurance forever, Health Care Cost Sharing is the best option around. These flexible, low-cost programs make it possible to stay protected against emergency health costs, while avoiding the bloated and overly-complicated world of health insurance.
Meanwhile, you’re gaining access to a like-minded community with the goal of sharing each other’s burdens.
When it comes to healthshare plans, Medi-Share is one of the most popular programs around. In this blog, we’re answering some of the most Frequently Asked Questions about Medi-Share. Our Medi-Share FAQ will teach you everything you need to know about getting started with health sharing.
Q: What is Medi-Share?
A: Medi-Share is what’s known as a Health Care Sharing Ministry, or an HCSM. For several decades, HCSMs have made it possible for Americans to share the cost of medical care with like minded individuals. Not only is this a simpler, kinder way to pay for health care, but it’s actually about half the cost of unsubsidized insurance.
Medi-Share is a Christian health sharing program, sometimes called “Christian health insurance.” As a result, there are some Biblically-based membership qualifications that members have to meet. This includes maintaining an active relationship with a church, and not engaging in sex outside Biblical marriage.
While most HCSMs are based in the Christian faith, newer healthshare programs like MPowering Benefits are open to almost anyone.
Q: How much does Medi-Share cost?
A: The cost of Medi-Share varies depending on your age and location, as well as the number of family members you might be enrolling.
Typically, individuals can find Medi-Share plans as low as $130 per month. Families of four can pay as little as $350 per month. Like regular health insurance plans, your actual monthly cost will also depend on your program options.
Q: Is Medi-Share “Christian health insurance”?
A: While it is sometimes referred to as “Christian health insurance”, Health Sharing Plans are not health insurance. Health sharing is an alternative form of health protection, legal in the United States, that allows members of a specific community to share the cost of health expenses.
Q: Which doctors accept Medi-Share?
A: Medi-Share uses a Preferred Provider Organization (PPO) called PHCS. This means that members can choose from a network of over 4,400 hospitals, 79,000 ancillary care facilities, and 700,000 individual healthcare professionals nationwide.
Your Personal Benefits Manager can help you find out whether your favorite or current doctor accepts Medi-Share.
Compare Pricing on the Best Healthshare Plans Available
Q: What is the Medi-Share Statement of Faith?
A: All Medi-Share members must sign the Medi-Share Statement of Faith. This is a short document based on the Biblical principles of excellence, integrity, and supporting your fellow man. The Statement of Faith is a profession to the Christian faith and the complete authority of the Bible.
Q: How does Medi-Share work?
A: Here’s how Medi-Share works, in five basic steps:
|1. You choose your Annual Household Portion (AHP). Similar to a health insurance deductible, this is the amount of health costs that you will have to pay before your sharing plan “kicks in”. Medi-Share plans have family AHPs as low as $3,000 and as high as $12,000. The amount of your AHP will also determine your Monthly Share.|
|2. Open an individual financial account at a Medi-Share participating bank. This is required for Medi-Share, and makes it easy to pay fees, submit Monthly Shares, and have medical costs automatically shared amongst members.|
|3. Anytime you see a doctor or seek medical care, provide your Medi-Share member card. There is a $35 provider fee for doctor visits and a $135 provider fee for ER care. This is like a copay, and is not covered by cost sharing.|
|4. Your provider bills Medi-Share. Medi-Share then works to lower the cost of your bill. If you haven’t met your AHP, you’ll get a bill for whatever charge is remaining. Once you’ve met your AHP, your medical costs are eligible for sharing.|
|5. If you are receiving cost sharing, you will receive funds directly from other members through the online portal. The funds will go right to your Medi-Share account.|
Q: Does Medi-Share have a lifetime sharing limit?
A: Unlike a number of health sharing plans, Medi-Share does not have a lifetime sharing limit. As long as you’re making your Monthly Share and have met your AHP, your medical expenses can be eligible for sharing.
Find out more about Health Care Cost Sharing: Get a no-cost consultation with your Personal Benefits Manager
Over the last few decades, Americans have been flocking to health care sharing ministries as a way to cut their monthly healthcare bills. But the truth is, there are a lot of reasons why traditional health insurance just doesn’t work for some people.
If you’re thinking about switching to Medi-Share and you still have questions, give us a ring. Your Personal Benefits Manager can get you the answers you need, and help you enroll when the time comes.
Call 800-913-0172 anytime, or click here to schedule online.
We hope you enjoyed our Medi-Share FAQ.
Here are some additional articles on healthsharing programs: MediShare vs. OneShare Health: How Two Popular Health Sharing Plans Compare | Best Healthshare Plans Comparison Guide 2023
Mike Montes is a Personal Benefits Manager at HSA for America. His aim is to help you make smart and informed healthcare coverage decisions that will fit your needs and budget. Read more about Mike on his Bio page.