Christian Care Medi-Share is one of several healthcare sharing ministries which intends to replace conventional insurance. Rather than paying a monthly rate to an insurance company, a member will pay the monthly charge directly to another member who has recently paid out-of-pocket for a medical procedure.[1]
History
Christian Care Medi-Share was founded in 1993.[2]
Notes
- Although this is not officially insurance, healthcare sharing is a permitted substitute for insurance under the Affordable Care Act—no penalties will apply to members of such an organization
- Biblical commended procedures will not not be covered, so members will not be expected to pay for what they do not support.