Healthcare Sharing Terminology

GraceWell is a Healthcare Sharing organization, not an insurance company, so we use different terms. Below, you'll find a guide to help you understand the terms we use for membership in lieu of insurance terms.

• Instead of the insurance term, deductible, GraceWell uses the term, Primary Responsibility Amount (PRA)
• Instead of the insurance term, COVER/COVERAGE, GraceWell uses the term, ELIGIBLE FOR SHARING
• Instead of the insurance term, CLAIM, GraceWell uses the term, BILL
• Instead of the insurance term, GUARANTEE, GraceWell uses the term, NO GUARANTEE
• Instead of the insurance term,  DECLINED/DENIED, GraceWell uses the term, INELIGIBLE FOR SHARING
• Instead of the insurance term, INSURANCE, GraceWell uses the term, HEALTH SHARING
• Instead of the insurance term, PAY, GraceWell uses the term, SHARE
• Instead of the insurance term, BENEFITS, GraceWell uses the term, ALLOWANCES
• Instead of the insurance term, MONTHLY PREMIUM, GraceWell uses the term, MONTHLY SHARE
• Instead of the insurance term, PLAN/POLICY, GraceWell uses the term, PROGRAM
• Instead of the insurance term, PROVIDE, GraceWell uses the term, FACILITATE SHARING
• Instead of the insurance term, EXPLANATION OF BENEFITS, GraceWell uses the term, EXPLANATION OF SHARING (EOS)
• Instead of the insurance term, RIDER, GraceWell uses the term, CONDITIONS INELIGIBLE FOR SHARING