What is Healthcare Sharing?
Healthcare sharing puts your money directly toward the medical bills of other members.
Healthcare sharing puts your money directly toward the medical bills of other members versus health insurance where your money goes into a pool that helps contribute to a large profit for the health insurance organization.
A Healthcare Sharing (HCS) program is run by not-for-profit organizations that facilitate the sharing of health care costs among individual members who have common ethical and/or religious beliefs.
Though HCS programs have been around for decades, they've grown in popularity over the last several years as Americans searched for affordable and flexible alternatives to expensive and restrictive health insurance options.
To participate, members contribute a monthly share amount that is applied to the eligible medical bills of other members. Members also must meet an annual household Primary Responsibility Amount (PRA) before sharing kicks in.
Watch this short video on How Sharing Works.