As many of you long time readers know, I hate Obamacare with a passion. I am currently paying 329% higher premiums for DH than I was before all the plans changed - with a higher deductible. While it's great the politicians repealed the mandate, I still want DH to have insurance coverage and repealing the mandate did nothing to offer different and cheaper plans.
The following article in Politico came across my news feed last night.
I have checked into these faith-based healthcare sharing plans before, a couple of years ago. At that time there seemed to be 2 and both had a requirement that you had to attend church and have a pastor sign off. While we believe in God and the Bible, we do not attend a church. But, apparently, several more plans have opened up (under the umbrella of the exemption), with a couple not requiring the signed affidavit of church membership/attendance. In fact, due to the huge price increases of Obamacare in the past few years, these ministry health sharing plans are gaining membership in leaps and bounds. They do require a signed statement that you believe in God, do not drink, do not smoke and do not use illegal drugs. DH qualifies on all those counts.
According to the article Liberty Healthshare and Altrua Healthshare are two that do not require a pastor's signature, but still require there rest of the beliefs and healthy lifestyle. I'm requesting more information from both plans. Liberty's monthly cost appears to be $199 per month for DH's age. Altrua seems to have several different levels of plans ranging from $224 to $363 per month for DH's age. That would be a saving of between $200 and $360 per month over what I am currently paying for his insurance. Definitely something to check into. Plus the deductible is much much lower.
DH really rarely goes to a doctor anymore. Like a once a year visit for a check up. Since no doctor could (years ago) figure out what is wrong with his muscles, he just lives with it and is not taking any medication for it. Basically what we really need for him is something to cover an emergency or serious illness. I think one of these plans would fit that bill, for the most part. We can afford an office visit or two out of pocket each year.
Have you used any of these cost sharing plans or know anyone that does? I have read some good reviews on them, for the most part. One BBB "bad review" was really the person mostly complaining about her providers billing dept. It wasn't the healthshare plan's issue. Others seem to not understand that a plan like this might require a little more work and diligence on the patient's part to make sure bills are submitted correctly. Previously working for doctor's offices in the billing dept. I have some experience and knowledge of how the systems work between doctors billing and insurance companies.
This is on my "to-do" list to figure out this month. Maybe I'll be able to start paying a newer lower premium starting in March.