When you think of this time of year, the scent of pumpkin spice and cozy scenes of gathering with family and friends might be the first things that pop into your mind. But this is also the time of year that you may be making important decisions for you and your family’s healthcare for the upcoming twelve months.

A health share could be the perfect fit for both your budget and your needs, but it’s important to understand what a health share is and how it works when making your decision. Whether you’re already a member of a health share or not, check out these ideas for reviewing your family’s healthcare approach.

Understand the difference with a health share. A health share is known as a health care sharing ministry. A health care sharing , as they’re known, is different than traditional insurance. A health share is a group of people who share in each other’s eligible medical needs. To be a health share recognized by state and federal officials, the health share generally must be a 501(c)3 nonprofit organization around a shared set of beliefs. Among health shares,Impact HealthShare is unique in that eligible medical needs are shared in from a Member escrow account.