Medical Sharing Plans, sometimes called healthcare alternatives to Obamacare, cover like-minded individuals who share similar beliefs and come together to address each other’s medical needs. The ACA, also known as Obamacare, allows anyone to sign up for a medical sharing plan and avoid any penalty under the law.
Medical sharing plans differ from one organization to another. That is why The Jordan Insurance Agency guides you through all the choices when you join one of these faith-based plans. They ensure you enroll in the right plan with all the options you need into the right plan with all of the options you need for healthcare.
These medical plans suit specific individuals, but most qualifying people can save up to 50% compared to traditional health insurance costs. Visit our website at www.thejordaninsuranceagency.com for more information.
Key Features of Medical Sharing Plans
- Faith-Based Membership
Most sharing plans require members to adhere to specific religious or ethical guidelines, such as abstaining from tobacco, alcohol abuse, or illegal drugs. - Cost-Sharing Model
Members contribute a set amount (monthly share) into a communal fund that is used to pay for eligible medical expenses for other members. - No Insurance Contracts
Medical sharing plans are not regulated as insurance and do not guarantee payment of medical bills. They operate on trust and community values. - Flexibility
Plans often provide flexibility in choosing healthcare providers and may include telemedicine or wellness programs. - Affordable Alternative
These plans cost significantly less than traditional health insurance. They attract self-employed individuals, small business owners, or families.
