If you’re looking for the best health share plans available, HSA for America has put together a guide to help you choose. Perhaps more than ever, people across the country are struggling to afford the cost of health insurance. Many are forced to without coverage altogether, exposing themselves to the devastating costs of out-of-pocket treatment.

Health Sharing Programs are emerging as one of the most effective and flexible alternatives to health insurance. As a resource for anyone who is thinking about making the switch to health sharing, we’ve put together a side-by-side comparison of some of our most popular plans.

At the end, we’ll reveal our expert pick for the best health sharing plan on the market.

Q: What is a Health Sharing Program?

One of the reasons that health sharing programs are so affordable is because they are not technically insurance, which makes them unbound by the strict (& expensive) regulations of the Affordable Care Act.

By paying a monthly ‘contribution’ to a Health Care Sharing Ministry, members can receive affordable coverage at about half the cost of an ACA insurance plan.

However, health sharing is not for everyone. Many of them have restrictions on pre-existing conditions, for example, and a statement of faith is required in many cases.

Best Health Sharing Plans in America

The seven health care sharing programs that we review below (Altrua, Mpowering, Trinity HealthShare, Medi-Share, Liberty, Samaritan, & OneShare) represent the plans that are both popular with our clients and recommended by our in-house healthshare experts.

At the end, we’ll reveal our top pick for the most affordable alternative to health insurance.

Altrua Healthshare

With three different membership levels (Gold, Silver, & Bronze) and a hyper-simple signup process, Altrua is one of the easiest ways to switch to health sharing.

    • Pre-Existing Conditions: Two to Five year waiting period
    • Provider Networks:    MultiPlan Practitioner Only PPO
    • Statement of Faith:    Must sign a statement of standards
    • HSA Option:   None
    • Perks:   $2,000,000 lifetime maximum; telemedicine; counseling

Mpowering Benefits

This HSA-qualified health care sharing plan allows consumers to take personal ownership of their health. It also lets members use whatever health provider they want while not paying as much as with ACA.

    • Pre-Existing Conditions:  Accepted
    • Contribution Amounts:  $200 – $490, must make one (1) referral to remain member
    • Provider Networks:  ACA marketplace
    • Statement of Faith:  Not required
    • HSA Option: YES
    • Perks: $25 paid to you for completing assessment; $100 per referral

Trinity HealthShare

The big strength of Trinity HealthShare is the number of different plans that are available. Basic coverage plans are only the beginning, with supplemental plans for RX and dental also available.

    • Pre-Existing Conditions: Will not disqualify you
    • Average Contribution Amounts: $142 – $490
    • Provider Networks:  PPO
    • Statement of Faith: Must sign a statement of beliefs
    • HSA Option: None
    • Perks: Offers interim and catastrophic plans; RX and dental

Medishare

Individuals who are particularly health-oriented might find a good match with Medi-Share, which offers a discount of up to 20% when certain health standards are met.

    • Pre-Existing Conditions: Considered, but not guaranteed to be accepted
    • Contribution Amounts: $135 – $470
    • Provider Networks: PHCS network
    • Statement of Faith: Must sign (and possibly have verified) a statement of faith
    • HSA Option: None
    • Perks: Telemedicine; dental, vision and RX savings

Liberty

The most common feedback we receive about Liberty is that their support staff is prompt, attentive and friendly, three things you might never see from an insurance company.

    • Pre-Existing Conditions: Yes; limited to three (3) years of assistance
    • Contribution Amounts: $149 – $244
    • Provider Networks: PHCS
    • Statement of Faith: Must agree to a set of 5 core values
    • HSA Option: None
    • Perks: Discounts on pharmacy, vision, hearing, and chiropractic costs

Samaritan

Individuals who attend church regularly should consider Samaritan. They can boast over 64,000 member households, which adds up to about $23 million per month that is eligible for sharing.

    • Pre-Existing Conditions: Not eligible for regular sharing
    • Contribution Amounts: $200 – $495
    • Provider Networks: PHCS
    • Statement of Faith: Strict; must attend church regularly
    • HSA Option: Unknown
    • Perks: $250,000 maternity limit; 120-day supply of medication is shareable

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.

    • Pre-Existing Conditions: Some limitations
    • Contribution Amounts: $115 – $450
    • Provider Networks: Uses Multiplan/PHCS Network
    • Statement of Faith: Must sign a ‘light’ statement of faith
    • HSA Option: None
    • Perks: Dental discount; diabetic care and supplies; lab discount, telemedicine

Learn More About Healthshare Plans

At about half the cost, it is no surprise that millions of Americans have already ditched their insurance. Switching to a health care sharing program can be an ideal way to save money on monthly health care costs.

However, not every plan is right for every person. Choosing the wrong plan can lead to unexpected coverage gaps that might end up costing you in the end. Picking the best health sharing plan, on the other hand, can end up saving you thousands of dollars a year on monthly health care costs.

If you are interested in learning more about health care sharing, or are curious whether you are currently signed up for the best plan, give us a call. You can also click over to our website and get a healthshare instant quote to review your optons.  

More information on Health Sharing plans can be found on the Health care sharing ministry Wikipedia website.