What is a Share Account?

To participate in the Impact Health Sharing Community, all members must activate a Share Account on the Virtual Share Exchange Platform. Your Share Account is a virtual account, and all deposited funds are received by America’s Christian Credit Union, which holds them “For the Benefit of Impact Health Sharing Members”.

The Share Account will display your account balances, share transaction history, and other relevant information, and include your own dashboard management tools. The money in your Share Account is insured (see disclosure at ImpactHealthSharing.com).

Your Share Account is a financial account that you own and control. You will have the ability to add, edit, and delete your Recurring Electronic Funds Transfer (EFT) settings, as well as your linked External Bank Account, at any time. You may also choose to have your medical bills “anonymously” shared among the membership, otherwise members who share in your medical bills will be able to see with whom they are sharing.

Please note that the funds in a member’s Share Account are not intended for the payment of the member’s own medical bills, expenses, or annual household Primary Responsibility Amount (PRA). Instead, these funds are designated for member-to-member, or peer-to-peer (P2P), sharing. This means that each member contributes to the medical needs of other members, rather than drawing from a collective fund for their own expenses.

Additionally, the balance in a member’s Share Account is not refundable upon cancellation or termination of membership, as those funds have already been committed to the sharing community in accordance with the principles and guidelines of the program.