How much does Medi-Share cost a month?

Asked by: Filomena Hilpert  |  Last update: February 11, 2022
Score: 4.8/5 (45 votes)

Medi-Share has qualities similar to traditional insurance, such as a deductible and premium (the monthly share amount). It costs $50 to apply to Medi-Share, and there is a $120 one-time membership fee with the first monthly payment. Mira provides an affordable alternative to health insurance at just $45 per month.

Is Medi-Share a good idea?

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. The ideal candidate for Medi-Share is in excellent health and also has a robust savings account to pay out of pocket for routine medical care.

How much does it cost to have a baby on Medi-Share?

The cost per month ranges from $24 to $94 per month.

What does Dave Ramsey say about Medi-Share?

Mr. Ramsey has truth be told examined Christian medical services sharing services, and Medi-Share explicitly, on his site. He at that point brings up effectively that Christian medical coverage choices are not protection and don't confront similar guidelines as insurance agencies.

Is Medi-Share considered health insurance?

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.

Medi-share review 2021 (& what we pay each month)

28 related questions found

Does Medi-Share cover MRI?

With your HealthValues membership, never pay full price for an X-Ray, MRI, CT scan, mammogram or ultrasounds. Save on medical, discounted imagery and surgery services. With your HealthValues membership you receive 24/7 access to Teladoc.

Is Medi-Share a high deductible plan?

Medi-Share's monthly sharing contributions are not deductible. However, that could change in 2022 if the Certain Medical Care Arrangements passes. But for now, remember, you can deduct medical expenses based on a percentage of your AGI. HSA – Since it is not insurance, you cannot qualify for an HSA with Medi-Share.

What are the downsides of Medi-Share?

  • Medi-Share is not an insurance.
  • No legal protection for an unpaid claim, coverage denied, or bankruptcy.
  • Restrictions based on lifestyle and pre-existing conditions; may have to make additional monthly payments.
  • No Health Savings Account (HSA) Contributions or reimbursement plans.

What is the downside of Medi-Share?

Medi-Share Disadvantages

You might not be eligible for expensive surgical procedures or care because Medi-Share is technically NOT insurance. ... Many hospitals won't deal with Medi-Share, even if the hospitals are in your network, and as a result, you will need to pay out of pocket yourself.

Does Medi-Share cover prescriptions?

Prescriptions: Prescriptions are eligible for sharing (for a six-month period) if they are related to a new eligible illness, injury or accident. Members have access to prescription discounts which can help you save an average of 40 percent on all your medications – even if it is a medication you already take.

Does Medi-Share pay birth control?

They also won't cover birth control, abortions, or medical problems stemming from lifestyle choices that run contrary to Christian values. Members are not permitted to smoke or abuse drugs, including alcohol. Participation in activities with willful disregard for personal safety will get you booted from the plan.

Is Medi-Share good for pregnancy?

Medi-Share does not exclude people for pre-existing conditions (similar to major medical plans), but they won't pay for any pre-existing conditions for the first 36 months. Very important! That means if you are already pregnant when applying for Medi-Share, that pregnancy will not be covered.

Can I have an HSA with Medi-Share?

No HSAs – Medi-Share is not eligible for use with Health Savings Accounts (HSAs). Note: you can still keep your HSA and use it if you have one, you just can't make tax-free contributions to it.

Is Medi-Share HMO or PPO?

Doctor Network – Medi-Share has a Preferred Provider Organization (PPO) network of doctors. It's built on MultiPlan's PHCS network, which is the same company that manages networks for some of the major traditional insurance companies.

How do medical sharing plans work?

Health Care Sharing: How It Works

As part of a health care sharing plan, you are responsible for paying in a certain share amount each month (like a premium) as well as an “annual unshared amount” for your own expenses (like a deductible) that your medical expenses must exceed before the plan shares your expenses.

Is Medi-Share considered minimum essential coverage?

That coverage is later described as "minimum essential coverage" or MEC. Although it's unlikely you could make an argument that sharing ministries like Medi-Share and others are MEC, you could make an argument that as a member of a sharing ministry you are exempt from having to have MEC in the first place.

Is MultiPlan legitimate?

MultiPlan is not a health insurance company and does not sell insurance directly or indirectly through agents or brokers. MultiPlan is not affiliated with anyone or any entity that claims to be selling MultiPlan health plans or insurance policies.

What is the best Healthshare program?

Best Overall Healthshare Plan: OneShare Health

With low contribution amounts, 24/7 telemedicine, and 100% shared preventative care, OneShare health is perhaps the best all-around performer when it comes to health care cost sharing programs.

Does Medi-Share have an out-of-pocket maximum?

With Medi-Share, there are no deductibles or max-out-of-pocket limits, just this thing called an Annual Household Portion (AHP) that is kind of like a deductible and max-out-of-pocket limit rolled together. ... Medi-Share also doesn't have co-pays for doctor visits, they have a $35 "provider fee".

What is annual household portion in Medi-Share?

Deductibles - Called the "Annual Household Portion" or AHP, this is the amount you have to pay out of pocket on your own before your bills are eligible for sharing (or reimbursement).

Does Medi-Share count as insurance in California?

"Medi-Share is not insurance. It is a not-for-profit ministry and is not guaranteed in any way. Medi-Share is exempt from regulation."

Does Medi-Share cover flu shots?

Medi-Share has been a great way for me and my family to save on health insurance. However, before you take your kid for a regular checkup and for vaccines, there's something you should know: it WILL NOT cover vaccines.

Does CHM cover IVF?

Our Guidelines don't allow for IVF bill-sharing. Our Guidelines are made available in advance to anyone considering becoming a CHM member; however, we will examine them in light of your comments about ease of finding information relevant to your situation.

What is maternity sharing?

Costs related to maternity sharing, including prenatal, delivery, and postnatal care, are all shared under a single need. Some shareable services include routine office visits, ultrasounds, and charges related to unexpected complications.