Health Sharing Programs are emerging as one of the most effective and flexible alternatives to health insurance. As a resource for anyone who is thinking about making the switch to health sharing, we’ve put together a side-by-side comparison of some of the best healthshare plans available.
What are the Best Health Sharing Plans in America?
The nine health care sharing programs that we review below (Altrua, Mpowering, Trinity, Medi-Share, Liberty, Samaritan, United Refuah, Covenant, & OneShare) represent the plans that are both popular with our clients and recommended by our in-house healthshare experts.
At the end, we’ll reveal our top pick for the most affordable alternative to health insurance.
Health Sharing Plans Comparison:
Best Overall Healthshare Plan: OneShare Health
With low contribution amounts, 24/7 telemedicine, and 100% shared preventative care, OneShare health is perhaps the best all-around performer when it comes to health care cost sharing programs.
|Pre-Existing Conditions:||Some limitations|
|Contribution Amounts:||$115 – $450|
|Provider Networks:||Uses Multiplan/PHCS Network|
|Statement of Faith:||Must sign a ‘light’ statement of faith|
|Perks:||Dental discount; diabetic care and supplies; lab discount, telemedicine|
|This HSA-qualified health care sharing plan allows consumers to take personal ownership of their health. They also let members use whatever health provider they want while not paying as much as with ACA.|
|Contribution Amounts:||$225 – $685|
|Provider Networks:||Any doctor or hospital|
|Statement of Faith:||Not required|
|Perks:||Mental health counseling included|
|With three different membership levels (Gold, Silver, & Bronze) and a hyper-simple signup process, Altrua is one of the easiest ways to switch to health sharing.|
|Pre-Existing Conditions:||Two to Five year waiting period|
|Provider Networks:||MultiPlan Practitioner Only PPO|
|Statement of Faith:||Must sign a statement of standards|
|Perks:||$2,000,000 lifetime maximum; telemedicine; counseling|
|The big strength of Trinity HealthShare is the number of different plans that are available. Basic coverage plans are only the beginning, with supplemental plans for RX and dental also available.|
|Pre-Existing Conditions:||Will not disqualify you|
|Average Contribution Amounts:||$142 – $490|
|Statement of Faith:||Must sign a statement of beliefs|
|Perks:||Offers interim and catastrophic plans; RX and dental|
|Medi-share has a strongly worded faith statement, and reserves the right to check with your minister to make sure you regularly attend church.|
|Pre-Existing Conditions:||Considered, but not guaranteed to be accepted|
|Contribution Amounts:||$135 – $470|
|Provider Networks:||PHCS network|
|Statement of Faith:||Must sign (and possibly have verified) a statement of faith|
|Perks:||Telemedicine; dental, vision and RX savings|
|The most common feedback we receive about Liberty is that their support staff is prompt, attentive and friendly, three things you might never see from an insurance company.|
|Pre-Existing Conditions:||Yes; limited to three (3) years of assistance|
|Contribution Amounts:||$199 – $675|
|Statement of Faith:||Must agree to a set of 5 core values|
|Perks:||Discounts on pharmacy, vision, hearing, and chiropractic costs|
|Individuals who attend church regularly should consider Samaritan. They can boast over 64,000 member households, which adds up to about $23 million per month that is eligible for sharing.|
|Pre-Existing Conditions:||Not eligible for regular sharing|
|Contribution Amounts:||$200 – $495|
|Statement of Faith:||Strict; must attend church regularly|
|Perks:||$250,000 maternity limit; 120-day supply of medication is shareable|
United Refuah Healthshare
|The first Jewish Health Sharing Organization, established with a mission to provide affordable, flexible reimbursement options with Torah values.|
|Pre-Existing Conditions:||Eligible after 1 year of membership, with a $25,000 share cap in years 2 and 3.|
|Contribution Amounts:||$200 – $520|
|Provider Networks:||Open (No network limitations)|
|Statement of Faith:||Strict; must attend synagogue regularly|
|Perks:||Open-network means you can choose any doctor or hospital; 24/7 tele-medicine practitioners are not subject to PreShare amounts|
Covenant HealthShare is one of the only healthcare sharing options that allows for the sharing of both routine primary care visits and preventative care services. Covenant HealthShare is also the first and only African American operated and led HCSM in the country.
|Pre-Existing Conditions:||Restricted; Varies by membership level share cap in years 2 and 3.|
|Contribution Amounts:||$190 – $240|
|Statement of Faith:||Must agree to the Covenant Seven Statements of Faith; No church attendance required|
|Perks:||Includes sharing for both routine primary care visits and certain preventive care services|
|NetWell offers three different membership levels. Advantage is the catastrophic options, with a monthly contribution cost of $195 a month, providing protection for ER visits, hospitalization, in/outpatient surgery, and lab costs. Superior offers primary care protection, without the ER and hospitalization. The Elite + is the most popular plan, offering cost sharing for both primary care and emergency care.|
|Pre-Existing Conditions:||24 month waiting period for pre-existing conditions. Certain more serious conditions may have a 2-year or 4-year waiting period, or a lifetime exclusion on related hospitalizations and surgeries.|
|Contribution Amounts:||$144 – $269|
|Provider Networks:||Choose any doctor you wish. Discounts are available with netWell’s exclusive provider network.|
|Statement of Faith:||Members must sign a Statement of Religious and Ethical Beliefs including belief in God, the Bible, the Power of Prayer, and the moral responsibility to share each other’s burdens.|
|HSA Option:||Not available|
|Perks:||The Elite + membership comes with a large suite of discount services, including dental, vision and LASIK, diabetic supplies, gym memberships, and lot more.|
Q – What is a Health Sharing Program?
One of the reasons that health sharing programs are so affordable is because they are not technically insurance, which makes them unbound by the strict (& expensive) regulations of the Affordable Care Act.
By paying a monthly ‘contribution’ to a Health Care Sharing Ministry, members can receive affordable coverage at about half the cost of an ACA insurance plan.
However, health sharing is not for everyone. Many of them have restrictions on pre-existing conditions, for example, and a statement of faith is required in many cases.
The best plan for your needs will depend on your age, zip code, smoking status, and whether you choose a healthshare that only shares on catastrophic expenses, or a more comprehensive program.
Compare Pricing on the Best Healthshare Plans Available
Q – Healthshare Plans vs. Insurance: What is the Difference?
Because health sharing plans are not the same as health insurance, the rules are a bit different. Here are some of the primary differences between health share plans and health insurance that you need to be aware of:
- Health share plans are not required to cover the same minimum essential benefits as ACA health insurance plans. This makes them more affordable, but less comprehensive than traditional insurance.
- Health sharing organizations can make their own rules on what medical costs are shared and how the money is distributed. Every health sharing plan is a little bit different in how it works.
- Many health share plans have restrictions or waiting periods for pre-existing conditions. You might need to pay into the plan for 1 or more years before certain medical costs are shared.
- Health care cost sharing is usually about half the cost of unsubsidized health insurance. This has encouraged hundreds of thousands of Americans to make the switch in recent years.
Learn More About Healthshare Plans
At about half the cost, it is no surprise that millions of Americans have already ditched their insurance. Switching to a health care sharing program can be an ideal way to save money on monthly health care costs.
However, not every plan is right for every person. Choosing the wrong plan can lead to unexpected coverage gaps that might end up costing you in the end. Picking the best health sharing plan, on the other hand, can end up saving you thousands of dollars a year on monthly health care costs.
If you are interested in learning more about health care sharing, or are curious whether you are currently signed up for the best plan, give us a call. You can also click over to our website and get a healthshare instant quote to review your options.
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Wiley is President of HSA for America. He believes that consumers should have choice and price transparency, so they can make the best healthcare decisions for their needs. Read more about Wiley on his Bio page.