Understanding Medishare Options
It’s no secret that choosing the right medical insurance plan can be extremely daunting. In addition, most medical care plans are also quite pricey, leaving some people to instead opt out of coverage altogether. But while opting out of insurance coverage might save you money in the short term, not having insurance when you need it most or during an accident can lead to mounting debt, stress, and even lowered quality of life. Fortunately, there are many health insurance plans on the market that cater to individuals and that can help provide affordable coverage. One such plan is Medishare. Medishare is a Christian-based healthcare sharing ministry that pools members’ monthly contributions to cover eligible medical expenses. The program is similar to traditional health insurance in that it helps individuals pay for medical care but with a few key differences.
Medishare vs. Health Insurance
Unlike most traditional health insurance plans, Medishare does not require its members to carry any specific yearly deductible amounts or have any copays. Instead, members will pay a monthly “share” to help cover expenses from other members. Think about it this way. You wanted to buy a new car, and you know that it costs $20,000. But rather than buy the car yourself and put out all of that money at once, you decide to ask 10 other people to pitch in a few hundred dollars each month until the total cost is covered. That’s what Medishare does for healthcare expenses, making it a great way to boost camaraderie, know that your money is making a difference, and cover costs for other members.
Why Not Just Pay a Premium?
Paying a premium to a big corporation or a well-known insurance plan might also seem like a great idea, but it’s not always the best option. For starters, premiums are subject to change every year, are different based on the type of employment you have (full time or part time), and can be expensive for some people. Plus, you may have to pay more deductibles or additional fees just to get adequate coverage. For instance, if you want vision care or maternity coverage with an insurance plan, these costs might not be covered from the get-go. Instead, you’ll need to pay extra for OB-GYN visits, acute care, accidents, serious illness, and other issues.
On the contrary, opting for a Medishare usually requires a simple and easy-to-follow monthly payment. Any medical bills and costs you acquire will then be split among members, and you’ll know exactly where your money is going. You can have peace of mind knowing your contributions aren’t just covering someone else’s medical bills, but they’re also helping to cover yours during your most dire time of need. You can also feel good knowing your contributions aren’t going to a mega corporation and instead are helping fund Medishare options for faith-based communities and families.
Faith-Based Insurance Plans
Many people might be turned away at the idea of a faith-based medical plan. What if I’m not an active member of the church? What if I don’t believe in their teachings? These might be questions lingering in your mind that prevent you from, quite possibly, enrolling in one of the best health insurance plans out there.
However, it’s important to remember that Medishare isn’t just open to active members of the church – anyone is welcome to participate. You also don’t have to be a practicing Christian or religious person at all to join. Instead, you can explore faith-based options and ask about pricing structures ahead of time. If you feel you want additional support through prayer, counseling, or even spiritual guidance, then you can ask a representative for help. Most insurance representatives for faith-based Medishare plans understand how vital spiritual help and guidance is, especially for those suffering from sudden illnesses. They can point you in the right direction and give you the guidance you need to help cover your medical costs and also get you through this rough patch.
Get Coverage That Fits Your Beliefs and Budget
Medishare offers a unique yet effective way to cover medical costs at an affordable price point. You won’t have to worry about high premiums, deductibles, or copays and can rest assured your money is going toward helping others. At Health Guys, we know you might have additional questions about getting covered through Medishare. We’ll be here to explore your coverage options, get you started on an affordable care plan, and ensure you’re covered in case of an accident, illness, or other emergency. Don’t wait to get medical care coverage, and call us today! We’ll be happy to share our Medishare options in Dallas, Fort Worth, and the surrounding areas. Give us a call or reach out to us online.