The health insurance system in the United States is constantly changing. People are wondering how they are going to be able to afford health care if the Affordable Care Act is repealed, while others dislike that they are being financially penalized for not having health insurance. Despite the dramatic changes in the health insurance industry, there are ways to make sure that you and your family remain covered in case of a medical emergency.
One of these unique methods of insurance is a health care sharing ministry. Health care sharing ministries are organizations that group together like-minded individuals and families who may not want traditional types of health insurance and the costly monthly premiums that come along with them. Health cost sharing ministries are typically smaller groups with a membership agreement that ensures the money you put into the organization is used for specific, pre-approved health concerns of the members.
Benefits of Unity Health Share
Here are five main benefits of becoming a member of Unity Health Share Coverage today:
Your policy won’t change
The federal health insurance marketplace has seen major insurance companies decrease the number of policies they are offering due to the instability of the health insurance market. Without industry participation, more people are struggling to find the health insurance policies they and their families need to stay financially protected in case of an emergency.
You and your family deserve the financial protection of a health insurance policy without having to worry if your policy will be there the next time you have to renew it. Health sharing ministries, like Unity Health Share, are consistent, stable, and provide members with the peace of mind knowing that their health insurance coverage won’t change unless they want it to.
No penalty for not having insurance
Although the health care coverage offered by Unity Health Share isn’t considered to be a traditional health insurance policy, it is still recognized under the Affordable Care Act (or Obamacare) as meeting the need for health insurance coverage. This means that you will be covered for medical expenses without having to pay the individual mandate required by the ACA for residents of the US without insurance.
Combine with other health insurance policies
If you have health insurance through another source, you can still be a part of a health sharing ministry. Some insurance policies don’t cover you for certain medical expenses or events, and having two different kinds of medical insurance coverage could be beneficial for you and your family. Health sharing ministries like Unity Health Share work with traditional health insurance policies to make sure you are protected in case of a medical event.
Traditional health insurance premiums and other fees can change unexpectedly; if you miss a payment or a few in a row, you could find yourself without health insurance. Likewise, every renewal period for a health insurance policy could result in higher costs, changes in your plan, and less coverage than you were able to afford before.
With Unity Health Share, costs stay consistent throughout the term of your policy. Every year the budget for the cost sharing ministry is evaluated based on the medical needs of the members. At this time, monthly costs may be adjusted to meet the changing needs of the group. However, monthly payments tend to be equivalent to or lower than traditional insurance policies, and costs stay more stable over time.
All this means that you are receiving the medical care you need while knowing how much money to save every month for your health care needs. This makes it easier to budget and causes less worry in case a medical emergency comes up.
Accepted by medical organizations
Some people may worry that a non-traditional health insurance plan won’t be covered by their doctor or other medical organizations. Unity Health Share is partners with another great company called First Health, which is recognized by doctors around the country. Many doctors will accept First Health or Unity Health Share itself as a viable way of paying for your medical needs.
Affordable health coverage
There are many more benefits of being part of Unity Health Share. By becoming a member of a health cost sharing organization, you can make sure that you and your family are protected for routine and emergency medical events while still keeping your payments affordable.
For more information, call 1-844-699-6873 to see how your life could be benefitted by a health sharing ministry.