10 CRITICAL PROS AND CONS OF HEALTH SHARE PLANS

Health share plans: Rising post-Affordable Care Act, providing affordable coverage through community support. Pros: Cost-effective. Cons: Limited coverage, not universal.

5 PROS OF HEALTH SHARE PLANS

CHEAPER THAN TRADITIONAL INSURANCE

Health share plans offer affordable alternatives to traditional insurance, saving families up to $700 monthly or $8,400 annually in premiums.

CHOOSE YOUR HEALTHCARE PROVIDERS

Health share plans eliminate network restrictions, allowing freedom to choose any provider without referrals. Stress-free healthcare decisions.

NO OPEN ENROLLMENT

Another benefit to health share ministries is there is no open enrollment period. You can apply and get coverage whenever you need it.

5 CONS OF HEALTH SHARE PLANS

NOT REGULATED

Health share ministries are unregulated by state insurance departments, offering memberships where members collectively fund each other's medical expenses.

NOT ALL SERVICES COVERED

Health share plans typically don't cover children's preventative care fully, unlike traditional insurance which often covers such services at 100%.

NEED TO NEGOTIATE MEDICAL BILLS

Health share plans often require members to negotiate medical bills, saving the plan and fellow members money. Support is available for this process.

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