If you are still trying to figure out what healthcare sharing is, we are here to answer all of your questions!
Healthcare sharing is not new. In fact, medical or health sharing has been around for over 20 years. The most important fact to understand is that healthcare sharing is not insurance. Health care does not equal health insurance.
You will find that there are a number of terms you have to shift your mindset toward. Since healthcare sharing is not insurance, we will never use insurance terms. When you begin to understand the insurance equivalent of terms, it will all make sense.
Sharing vs. Paying
With healthcare sharing you do not pay for medical bills, you share them. Each month your Monthly Share will be matched with another member’s eligible medical expenses. Then, that payment will be sent to the providers.
The provider’s office should always send the bill to Impact. You are not considered self-pay. If you have questions, don’t hesitate to call while you are still at the provider’s office.
Primary Responsibility Amount vs. Deductible
The annual Primary Responsibility Amount (PRA) is the amount that you choose when signing up, that will be your responsibility before eligible medical needs are shared in by other members. If you chose the PRA $5,000, then had a medical event that was 10,000, you would be responsible for $5,000 and the remaining $5,000 would be shared by other members if the need is shareable according to the guidelines. To see pricing options, click here: https://www.impacthealthsharing.com/pricing
Monthly Bill vs. Monthly Share
Typically, you get a bill and pay a bill. With healthcare sharing you are provided with a bill of your monthly share amount due. Why do we say share? Because you are not paying someone else’s bill, you are agreeing to contribute with other members and share your funds that provide for the need.
Healthcare Sharing vs. Insurance
As we mentioned earlier, the most important difference to understand is that healthcare sharing is not insurance but rather a non-insurance solution. Healthcare costs have risen greatly over the years and that is why this non-profit approach to “loving your neighbor” has become a popular choice among like-minded individuals and families. Impact provides a new and affordable way to access quality healthcare.
Who is it for?
Everyone needs health care. Families, individuals, small business owners, young and old. Those looking to save money and take charge of their health needs find healthcare sharing the best approach. Impact is the ideal way to protect yourself from massive healthcare costs.
Impact members do share a common belief that by coming together, sharing together, and acting together, we can gain greater opportunities for health and freedom.
Who accepts Healthcare Sharing?
With Impact, there is no contracted preferred provider organization to limit which provider you can see. Impact members are free to seek care from any doctor or provider of your choice! If you run into issues while at a provider’s office, simply ask the provider to call the number listed on your member card.
Open Enrollment vs. Joining Membership
Because healthcare sharing is not insurance, there is no open enrollment period. You can apply for Impact and join anytime during the year. With Open Enrollment, you are limited to sign up from November 1st to December 15th, unless you have a change in status. With healthcare sharing, you are free to join when you choose.
Community vs. Corporation
What’s our favorite thing about Impact Health Sharing other than the savings? The community! You get to help others in their time of need. You aren’t just sending a check off to some big corporation—your money is going to real people with real needs. Just think; you get to help babies come into the world! How cool is that? Check out what Impact members are saying!
“Impact Health Sharing is saving us major money! My husband recently retired and no longer has access to health insurance from his employer. Using lmpact Health Sharing instead of health insurance for both of us is saving $600/month. Insurance would be $1200/month. Our Impact monthly share amount is $600. That’s a $7200/year savings! Plus it just feels better than insurance!” - Gay G.
“We recently cut our current health care expense by just over $2400 a year by switching to Impact!” - Margie G.
Healthcare sharing is the option that gives you control over your health care needs, puts money back into your pocket, and gives you the opportunity to help others. Healthcare sharing is a community who comes together and shares medical costs because they believe this is a better way to care for one another.
With over 500 unique price points, you'll be able to find an option that works best for you and your household’s budget! Plans start as low as $65 for individuals and $330 for families.
To see Impact’s Guidelines, click here: https://www.impacthealthsharing.com/guidelines
If you still have questions visit our Help Center: https://www.impacthealthsharing.com/knowledge/
We look forward to hearing from you! Chat with a representative live on our website today!