Medi share austin

Members in a Health Care Sharing Ministry such as Medi-Share are exempt from the individual mandate in the Patient Protection and Affordable Care Act found in 26 United States Code §5000A(d)(2)(B). Medi-Share is not insurance.

Is “Medi Share” Insurance?

Members in a Health Care Sharing Ministry such as Medi-Share are exempt from the individual mandate in the Patient Protection and Affordable Care Act found in 26 United States Code §5000A(d)(2)(B). Medi-Share is not insurance.

What is a Medi Share?

Medi-Share is a community of Christians who have agreed to live as the early church (Acts 2 & 4) when it comes to sharing each other’s burdens. Members share each other’s eligible medical bills and, most importantly, encourage and lift one another up in prayer. Each month, your monthly share is matched with another’s eligible medical bills.

What is Medi sharing on social media?

Follow Medi-Share on Social Media. Medi-Share is a nonprofit health care sharing ministry of Christian Care Ministry, Inc (“CCM”). Medi-Share members voluntarily share each other’s medical expenses in accordance with guidelines adopted by the members and administered by CCM.

Is Medi-Share Insurance exempt?

Medi-Share is exempt from insurance regulation. The following states require a notice for Medi-Share to qualify for an exemption from insurance regulation. While Medi-Share is not insurance and therefore, need not qualify for such exemptions, CCM has elected to publish these exemptions.

Is Medi-Share a good alternative to health insurance?

If you’re willing to live by the guidelines mentioned above, Medi-Share is a solid alternative to Obamacare or traditional insurance(aka the Affordable Care Act). Health care sharing ministries aren’t subject to the ACA mandate to purchase insurance. It’s good for your conscience. It’s a non-profit.

Is Medishare a scam?

Here’s our conclusion: Medi-Share isn’t a scam. It’s totally legal and there’s a strong membership base to support it and similar programs. But it’s likely not the most affordable health care option for most people.

Is Medishare legally considered health insuranc?

Medishare is not health insurance. Whereas traditional health insurance groups typically rely on a pool of member’s funds, members share their funds directly with other members each month through an online portal. Fund sharing is always voluntary. Not all health conditions are eligible for sharing.

How much is Medishare a month?

When you apply and are approved for the Medishare program, you will be charged a one-time $120 fee. This is added to your first monthly premium. One-time $2 membership fee, also payable with your first monthly premium. $3 recurring monthly fee if you do not sign up for automated ACH payments each month.