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How can Christian 'cost sharing' members get around the ACA law?
I was reading on the Samaritan Ministries website and the Medi-Share website that members are:
1. NOT subject to the ACA law or penalties and
2. Supposedly members do get some pretty high out of pocket 'coverage'..I saw one plan that was like $250K of coverage (like a crappy short term plan) and another plan with 'unlimited' coverage
I seriously wonder how these groups actually 'cover' claims after the deductible.
Any folks here have any recent experience with people on these cost sharing plans. I'm not trying to dog them, but I just lost another insured family to them.
I refuse to debate clients buying these plans. Like talking to a brick wall.
I know there have been some threads but I am AMAZED that they are supposedly working though a work around on the ACA penalty if you are a member of one of these.
The family that dropped their insurance was by no measure "Biblical" or even religious. I guess they are now.
Insights please, and I"m not trying to bust on these concepts.
It just amazes me that they really provide any level of security AND now they get around the law.
Essentially is there anything truly 'insurance like' about these plans?
Such as repricing, any real extensive coverage? Hard to believe they have 'unlimited coverage'...This isn't even insurance!
I was reading on the Samaritan Ministries website and the Medi-Share website that members are:
1. NOT subject to the ACA law or penalties and
2. Supposedly members do get some pretty high out of pocket 'coverage'..I saw one plan that was like $250K of coverage (like a crappy short term plan) and another plan with 'unlimited' coverage
I seriously wonder how these groups actually 'cover' claims after the deductible.
Any folks here have any recent experience with people on these cost sharing plans. I'm not trying to dog them, but I just lost another insured family to them.
I refuse to debate clients buying these plans. Like talking to a brick wall.
I know there have been some threads but I am AMAZED that they are supposedly working though a work around on the ACA penalty if you are a member of one of these.
The family that dropped their insurance was by no measure "Biblical" or even religious. I guess they are now.
Insights please, and I"m not trying to bust on these concepts.
It just amazes me that they really provide any level of security AND now they get around the law.
Essentially is there anything truly 'insurance like' about these plans?
Such as repricing, any real extensive coverage? Hard to believe they have 'unlimited coverage'...This isn't even insurance!