Choosing a healthcare sharing organization to join is a more personal decision than choosing a health insurance company.
Prospective members should keep in mind that HealthShares are rooted in religious beliefs, even those that do not require a religious affiliation. These beliefs influence organizational values and practices, so individuals who have lifestyles contrary to such values or who object to religious organizations may not find the community they seek within the HealthShare industry.
Members with strong religious beliefs often find fulfillment in being part of a community that shares their faith. These members can serve their health sharing community by sharing each other’s costs.
Those who already live a lifestyle that aligns with the biblical and moral principles required by their chosen ministry can know that others within their community have similar values, and their contributions are going toward causes with which they morally agree.
Others may find that their beliefs and lifestyles differ from those required by a specific healthcare sharing provider, especially those with strict requirements.
HealthShares are not regulated the same way as insurance companies.
Most healthcare sharing providers will not raise rates or turn members away for pre-existing conditions.
Thorough research is important to ensure that you choose an organization that is right for you.
Choosing the wrong ministry can sometimes result in a revoked membership or healthcare costs that are not shareable.