How Does Impact Health Sharing Work? Your Questions Answered
Watch this video to see step by step how Impact Health Sharing connects members, processes bills, and facilitates sharing — from your Monthly Share to a paid medical provider.
Impact Health Sharing works by connecting members who contribute Monthly Shares to facilitate sharing of each other's eligible medical bills. When a member has a qualifying bill, it's published to the community and shared directly from other members' personal share accounts. Members present an Impact ID card at the doctor or hospital, and providers submit bills electronically to Impact for repricing and eligibility review. Once a member meets their Annual Primary Responsibility Amount (PRA), 90% of eligible bills are shared by the Impact membership — and total annual responsibility is capped at $5,000 per household. Impact
Impact Health Sharing is a not-for-profit, non-insurance alternative to the high cost of health insurance. It's a community of individuals, families, and small businesses, just like you, who share and pay each other's medical bills. But you may ask, how does Impact actually work? When you become a member of Impact, you'll first activate your Impact Share account.
Your Impact Share account is a financial account owned and managed by you, and is used to manage all sharing activities. Once a month, members deposit a specified amount into their account. This amount is unique to you and your household, and is called your monthly share.
Share dollars are then matched and allocated to another member who has an eligible medical bill that needs to be paid. Once all or a portion of your monthly share amount has been matched to a member, Impact will notify you as to whom you have been matched with, and how much of your funds they'll receive. We call this publishing.
Once notified, funds are transferred from your share account into their share account. When the member has received the full amount needed to pay that medical bill, it is then sent electronically to the medical provider and paid in full. The process works the same when you have a medical bill that needs to be paid.
What does published for sharing mean? When we say published, we're referring to how our members are notified that a bill is ready to be shared, and that a portion of their share will be used to pay that bill. You can also go online to see the aggregate amount of all the bills that are published and shared among members. So you might be wondering, will everyone see my medical bills and personal health information? We will only publish the name of the member household that has a medical bill, the total amount of the bill, the names of the members who have been matched to pay that bill, and the amount they have been allocated to share.
We value your privacy. We never publish personal health information. What happens when you go to the doctor or hospital? It's simple.
When you go to the doctor, all you need is your Impact ID card. The membership card provides your medical provider with all the information needed to submit your medical bills to Impact electronically. There is no need to go through the hassle of collecting and submitting medical bills yourself.
Your medical provider will do this for you. Upon receipt, your medical bills are repriced and discounted and then reviewed persuading to Impact guidelines for eligibility. If a bill is eligible and you've met your primary responsibility amount or PRA for the year, your medical bill will be published for sharing.
What is your primary responsibility amount? The primary responsibility amount or PRA is the annual amount that every member household is responsible for paying before any of their eligible medical bills can be published to the members for sharing. With Impact, you will have four PRA options to choose from to better fit your budget and needs. What is my co-share? The co-share is the percentage of an eligible medical bill paid by a member after the primary responsibility amount has been met.
As an Impact member, once your PRA has been met, you pay 10% of all eligible medical bills. The remaining 90% is published for sharing to the Impact membership. However, the total co-share amount, which you are responsible for, is limited to $5,000 annually per household.
For example, let's say you choose the $2,500 PRA option and your family has already had a number of eligible medical bills that have met your $2,500 PRA. Then someone in your family, perhaps your daughter, has an accident. You take her to the emergency room and the medical bill is $10,000.
In that case, you would pay a $150 co-pay to the hospital as well as a 10% co-share amount or $1,000 to the hospital. The remaining $8,850, 90%, is eligible for sharing by Impact members and would be paid directly to the hospital by the Impact members. Now, let's say in that same year something happens to you and you need to have surgery and the procedure costs $70,000.
You might think that your co-share amount is going to be a full $7,000, 10%, but it's not. The reason is because you already paid a $1,000 co-share when your daughter got hurt and you can never pay more than $5,000 in co-share amounts in a given year. So, in this case, you'll pay the hospital the $150 co-pay and only a $4,000 co-share amount.
The remaining $65,850 is eligible for sharing by Impact members and paid directly to the hospital. If you or a family member have another eligible bill in that year, then 100% of the bill after your co-pay will be eligible for sharing because you've met your PRA and co-share limits. Why do I have a balance in my account? In order to process and pay medical bills quickly, Impact Health Sharing implements a practice called distributed or decentralized reserving.
Impact is not insurance, and we do not collect and hold medical reserves in a centralized bank account. Instead, the monthly share amount is set at a level to build a small balance or reserve in each member's individual share account. These distributed reserves enable Impact Health Sharing to better manage the fluctuation of medical usage and payments.
We hope that this video will help clarify the Impact membership. To find out more, go to impacthealthsharing.com or call us at 855-378-6777.
Your Impact Share account is a financial account owned and managed by you, and is used to manage all sharing activities. Once a month, members deposit a specified amount into their account. This amount is unique to you and your household, and is called your monthly share.
Share dollars are then matched and allocated to another member who has an eligible medical bill that needs to be paid. Once all or a portion of your monthly share amount has been matched to a member, Impact will notify you as to whom you have been matched with, and how much of your funds they'll receive. We call this publishing.
Once notified, funds are transferred from your share account into their share account. When the member has received the full amount needed to pay that medical bill, it is then sent electronically to the medical provider and paid in full. The process works the same when you have a medical bill that needs to be paid.
What does published for sharing mean? When we say published, we're referring to how our members are notified that a bill is ready to be shared, and that a portion of their share will be used to pay that bill. You can also go online to see the aggregate amount of all the bills that are published and shared among members. So you might be wondering, will everyone see my medical bills and personal health information? We will only publish the name of the member household that has a medical bill, the total amount of the bill, the names of the members who have been matched to pay that bill, and the amount they have been allocated to share.
We value your privacy. We never publish personal health information. What happens when you go to the doctor or hospital? It's simple.
When you go to the doctor, all you need is your Impact ID card. The membership card provides your medical provider with all the information needed to submit your medical bills to Impact electronically. There is no need to go through the hassle of collecting and submitting medical bills yourself.
Your medical provider will do this for you. Upon receipt, your medical bills are repriced and discounted and then reviewed persuading to Impact guidelines for eligibility. If a bill is eligible and you've met your primary responsibility amount or PRA for the year, your medical bill will be published for sharing.
What is your primary responsibility amount? The primary responsibility amount or PRA is the annual amount that every member household is responsible for paying before any of their eligible medical bills can be published to the members for sharing. With Impact, you will have four PRA options to choose from to better fit your budget and needs. What is my co-share? The co-share is the percentage of an eligible medical bill paid by a member after the primary responsibility amount has been met.
As an Impact member, once your PRA has been met, you pay 10% of all eligible medical bills. The remaining 90% is published for sharing to the Impact membership. However, the total co-share amount, which you are responsible for, is limited to $5,000 annually per household.
For example, let's say you choose the $2,500 PRA option and your family has already had a number of eligible medical bills that have met your $2,500 PRA. Then someone in your family, perhaps your daughter, has an accident. You take her to the emergency room and the medical bill is $10,000.
In that case, you would pay a $150 co-pay to the hospital as well as a 10% co-share amount or $1,000 to the hospital. The remaining $8,850, 90%, is eligible for sharing by Impact members and would be paid directly to the hospital by the Impact members. Now, let's say in that same year something happens to you and you need to have surgery and the procedure costs $70,000.
You might think that your co-share amount is going to be a full $7,000, 10%, but it's not. The reason is because you already paid a $1,000 co-share when your daughter got hurt and you can never pay more than $5,000 in co-share amounts in a given year. So, in this case, you'll pay the hospital the $150 co-pay and only a $4,000 co-share amount.
The remaining $65,850 is eligible for sharing by Impact members and paid directly to the hospital. If you or a family member have another eligible bill in that year, then 100% of the bill after your co-pay will be eligible for sharing because you've met your PRA and co-share limits. Why do I have a balance in my account? In order to process and pay medical bills quickly, Impact Health Sharing implements a practice called distributed or decentralized reserving.
Impact is not insurance, and we do not collect and hold medical reserves in a centralized bank account. Instead, the monthly share amount is set at a level to build a small balance or reserve in each member's individual share account. These distributed reserves enable Impact Health Sharing to better manage the fluctuation of medical usage and payments.
We hope that this video will help clarify the Impact membership. To find out more, go to impacthealthsharing.com or call us at 855-378-6777.
Your Impact Share account is a financial account owned and managed by you, and is used to manage all sharing activities. Once a month, members deposit a specified amount into their account. This amount is unique to you and your household, and is called your monthly share.
Share dollars are then matched and allocated to another member who has an eligible medical bill that needs to be paid. Once all or a portion of your monthly share amount has been matched to a member, Impact will notify you as to whom you have been matched with, and how much of your funds they'll receive. We call this publishing.
Once notified, funds are transferred from your share account into their share account. When the member has received the full amount needed to pay that medical bill, it is then sent electronically to the medical provider and paid in full. The process works the same when you have a medical bill that needs to be paid.
What does published for sharing mean? When we say published, we're referring to how our members are notified that a bill is ready to be shared, and that a portion of their share will be used to pay that bill. You can also go online to see the aggregate amount of all the bills that are published and shared among members. So you might be wondering, will everyone see my medical bills and personal health information? We will only publish the name of the member household that has a medical bill, the total amount of the bill, the names of the members who have been matched to pay that bill, and the amount they have been allocated to share.
We value your privacy. We never publish personal health information. What happens when you go to the doctor or hospital? It's simple.
When you go to the doctor, all you need is your Impact ID card. The membership card provides your medical provider with all the information needed to submit your medical bills to Impact electronically. There is no need to go through the hassle of collecting and submitting medical bills yourself.
Your medical provider will do this for you. Upon receipt, your medical bills are repriced and discounted and then reviewed persuading to Impact guidelines for eligibility. If a bill is eligible and you've met your primary responsibility amount or PRA for the year, your medical bill will be published for sharing.
What is your primary responsibility amount? The primary responsibility amount or PRA is the annual amount that every member household is responsible for paying before any of their eligible medical bills can be published to the members for sharing. With Impact, you will have four PRA options to choose from to better fit your budget and needs. What is my co-share? The co-share is the percentage of an eligible medical bill paid by a member after the primary responsibility amount has been met.
As an Impact member, once your PRA has been met, you pay 10% of all eligible medical bills. The remaining 90% is published for sharing to the Impact membership. However, the total co-share amount, which you are responsible for, is limited to $5,000 annually per household.
For example, let's say you choose the $2,500 PRA option and your family has already had a number of eligible medical bills that have met your $2,500 PRA. Then someone in your family, perhaps your daughter, has an accident. You take her to the emergency room and the medical bill is $10,000.
In that case, you would pay a $150 co-pay to the hospital as well as a 10% co-share amount or $1,000 to the hospital. The remaining $8,850, 90%, is eligible for sharing by Impact members and would be paid directly to the hospital by the Impact members. Now, let's say in that same year something happens to you and you need to have surgery and the procedure costs $70,000.
You might think that your co-share amount is going to be a full $7,000, 10%, but it's not. The reason is because you already paid a $1,000 co-share when your daughter got hurt and you can never pay more than $5,000 in co-share amounts in a given year. So, in this case, you'll pay the hospital the $150 co-pay and only a $4,000 co-share amount.
The remaining $65,850 is eligible for sharing by Impact members and paid directly to the hospital. If you or a family member have another eligible bill in that year, then 100% of the bill after your co-pay will be eligible for sharing because you've met your PRA and co-share limits. Why do I have a balance in my account? In order to process and pay medical bills quickly, Impact Health Sharing implements a practice called distributed or decentralized reserving.
Impact is not insurance, and we do not collect and hold medical reserves in a centralized bank account. Instead, the monthly share amount is set at a level to build a small balance or reserve in each member's individual share account. These distributed reserves enable Impact Health Sharing to better manage the fluctuation of medical usage and payments.
We hope that this video will help clarify the Impact membership. To find out more, go to impacthealthsharing.com or call us at 855-378-6777.
Your Impact Share account is a financial account owned and managed by you, and is used to manage all sharing activities. Once a month, members deposit a specified amount into their account. This amount is unique to you and your household, and is called your monthly share.
Share dollars are then matched and allocated to another member who has an eligible medical bill that needs to be paid. Once all or a portion of your monthly share amount has been matched to a member, Impact will notify you as to whom you have been matched with, and how much of your funds they'll receive. We call this publishing.
Once notified, funds are transferred from your share account into their share account. When the member has received the full amount needed to pay that medical bill, it is then sent electronically to the medical provider and paid in full. The process works the same when you have a medical bill that needs to be paid.
What does published for sharing mean? When we say published, we're referring to how our members are notified that a bill is ready to be shared, and that a portion of their share will be used to pay that bill. You can also go online to see the aggregate amount of all the bills that are published and shared among members. So you might be wondering, will everyone see my medical bills and personal health information? We will only publish the name of the member household that has a medical bill, the total amount of the bill, the names of the members who have been matched to pay that bill, and the amount they have been allocated to share.
We value your privacy. We never publish personal health information. What happens when you go to the doctor or hospital? It's simple.
When you go to the doctor, all you need is your Impact ID card. The membership card provides your medical provider with all the information needed to submit your medical bills to Impact electronically. There is no need to go through the hassle of collecting and submitting medical bills yourself.
Your medical provider will do this for you. Upon receipt, your medical bills are repriced and discounted and then reviewed persuading to Impact guidelines for eligibility. If a bill is eligible and you've met your primary responsibility amount or PRA for the year, your medical bill will be published for sharing.
What is your primary responsibility amount? The primary responsibility amount or PRA is the annual amount that every member household is responsible for paying before any of their eligible medical bills can be published to the members for sharing. With Impact, you will have four PRA options to choose from to better fit your budget and needs. What is my co-share? The co-share is the percentage of an eligible medical bill paid by a member after the primary responsibility amount has been met.
As an Impact member, once your PRA has been met, you pay 10% of all eligible medical bills. The remaining 90% is published for sharing to the Impact membership. However, the total co-share amount, which you are responsible for, is limited to $5,000 annually per household.
For example, let's say you choose the $2,500 PRA option and your family has already had a number of eligible medical bills that have met your $2,500 PRA. Then someone in your family, perhaps your daughter, has an accident. You take her to the emergency room and the medical bill is $10,000.
In that case, you would pay a $150 co-pay to the hospital as well as a 10% co-share amount or $1,000 to the hospital. The remaining $8,850, 90%, is eligible for sharing by Impact members and would be paid directly to the hospital by the Impact members. Now, let's say in that same year something happens to you and you need to have surgery and the procedure costs $70,000.
You might think that your co-share amount is going to be a full $7,000, 10%, but it's not. The reason is because you already paid a $1,000 co-share when your daughter got hurt and you can never pay more than $5,000 in co-share amounts in a given year. So, in this case, you'll pay the hospital the $150 co-pay and only a $4,000 co-share amount.
The remaining $65,850 is eligible for sharing by Impact members and paid directly to the hospital. If you or a family member have another eligible bill in that year, then 100% of the bill after your co-pay will be eligible for sharing because you've met your PRA and co-share limits. Why do I have a balance in my account? In order to process and pay medical bills quickly, Impact Health Sharing implements a practice called distributed or decentralized reserving.
Impact is not insurance, and we do not collect and hold medical reserves in a centralized bank account. Instead, the monthly share amount is set at a level to build a small balance or reserve in each member's individual share account. These distributed reserves enable Impact Health Sharing to better manage the fluctuation of medical usage and payments.
We hope that this video will help clarify the Impact membership. To find out more, go to impacthealthsharing.com or call us at 855-378-6777.
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Stories of Impact
Real members share their personal experience with Impact Health Sharing.
Impact has opened my eyes to what a community can do. The providers I see love Impact because they are being paid within a month. Thanks for taking care of us!
- Kelsey C
I had unexpected emergency surgery, and I cant believe how easy, and simple it was to use. Everyone deserves to know about Impact and get the care they need.
– Nellie N.
We love seeing where our money is going and the families we are helping. Thank you, Impact, for continuing to improve on what I believe is the best healthcare program in America.
– James C
Usually when you pay less for something you receive less but not with Impact! With Impact there are NO NETWORK RESTRICTIONS! Choose the doctors, facilities and medical providers of your choice!
– Thomas B
I just used the FREE telemedicine consultation service right from home! The doctor called me 3 minutes later and immediately sent in a prescription to my pharmacy! My husband picked up the prescription and with my Impact card it only cost $7.50, instead of 30.00. I'm all set now and didn't even need to leave my house
– Juliane F
Just yesterday I called IMPACT to help my mom who’s on Medicare and so confused with A&B, supplemental and part D. The Impact representative offered to call and walk through everything so she could feel confident. This showed me they actually care about people.
– Greg R
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