x
Black Bar Banner 1
x

Welcome to Markethive

Healthsharing: A Better Risk Pool = Lower Costs

Posted by Bobby Brown on December 05, 2023 - 4:14pm

If you are in good health with no significant pre-existing conditions, and you don’t get a significant subsidy via the Affordable Care Act, switching to a healthsharing plan can save you thousands of dollars per year.

Typically, healthsharing plans save members 30 to 40 percent compared to the monthly cost of an unsubsidized traditional health insurance policy for an individual or small family purchased via your state’s ACA exchange.

According to the Kaiser Family Foundation, the cost of an individual self-only ACA-qualified health insurance plan was $541 per month before subsidies.

The cost of an ACA-qualified health insurance plan covering a family was $1,362.

In contrast, multiple health sharing plans offer similar cost-sharing benefits for less than $350 for individuals, and less than $750 for families.