You know by now health- share companies are not insurance.

So, how exactly are they different from traditional health insurance policies?

No Open Enrollment Periods

There are no annual open enrolment periods for health-share programs, so you can get one all year-round. You don’t have to wait until November 1st before you can protect yourself and your family against the high cost of health care.

Does Not Share for Pre-existing Conditions and Not Guaranteed Issue Under the ACA, all health insurance plans must be sold on a guaranteed issue basis. Meaning, if you have a pre-existing condition, the insurance company can neither deny you coverage nor increase your rates based on your health status.

This is not the case for health-share programs. You will have to undergo medical under-writing since this process helps keep their costs low. Certain pre-existing conditions may make you ineligible for certain health-share or a limitation may be placed on a condition.

Waiting Periods

You might have to wait before certain benefits kick in. As an example, you may have to wait 12 months before receiving coverage for a health problem that you experienced in the 24 months prior to joining the health-share.

Much Less Expensive

The most appealing distinction is the cost as it is significantly more

affordable. For example, the national average for a silver insurance plan (for a family of four) is over $1500 a month, with a maximum out-of-pocket of over $13,000 per year! The same family could get a health-share program for just $5,000 & get 100% sharing for the year with just a $1000 IUA, for less than $600 a month!

In the public debate over Obamacare, very little attention seems to be given to the millions of Americans who are experiencing massive rate increases and such financial hardship because of this law.

As Obamacare primarily affects health insurance plans purchased by small business owners, self-employed individuals, and others not covered by large group cover-age, those people feel the impact and bear the true burden of attempting to provide universal coverage to all.

This is not only fundamentally unfair, but also simply unsustainable. When your health insurance costs more than your mortgage, you know something’s not right.

Health-share programs are not for everyone, but they are an affordable option thousands of Americans are now choosing. Joining a health-share program will enable you to group together with like-minded people, and may enable you to save an extra $500 or more a month, instead of paying it off to an insurance company.