We found yet another new Health Care Sharing Ministry today! JHS Community appears to have started by a former OneShare Health executive and is based in Texas. It also appears to be marketed to Texans. At first glance, it does not look like it was certified by CMS nor does it seem to claim a …
We found another new Health Care Sharing Ministry Today! Read More »
PeopleKeep posted a weird mostly puff piece on Health Care Sharing Ministries today. It listed Pros and Cons for members. But mised the biggest Con: There is no guarantee to pay.
What is a Health Sharing Ministry? We’ll let us start with what it is not. It is not insurance. Insurance is a regulated industry. It requires proof of fiscal solvency and proof that certain precautions are taken to prove future solvency. Let us go into some minor detail. Health insurance companies accepts risk on your …
Health Sharing Ministries go back 100 years. They were started by the Amish and Mennonites. Health Sharing Ministries date back decades and were first formed by Mennonites and Amish faiths. When a member of one of these two faiths needed medical care, the families would come together and contribute money as a group to over …
Commonwealth Fund has posted a great presentation on the risks not only to consumers but to the insurance marketplace as well. Definitely worth the look.
