Is Medi-share a good deal?

So, Is Medi-Share Legit? Here’s our conclusion: Medi-Share isn’t a scam. It’s totally legal and there’s a strong membership base to support it and similar programs. But it’s likely not the most affordable health care option for most people.

How much a month is Medi-share?

Medi-Share has qualities similar to traditional insurance, such as a deductible and premium (the monthly share amount). It costs $50 to apply to Medi-Share, and there is a $120 one-time membership fee with the first monthly payment. Mira provides an affordable alternative to health insurance at just $45 per month.

What is the cost for Medi-share?

Medishare Fees When you apply and are approved for the Medishare program, you will be charged a one-time $120 fee. This is added to your first monthly premium. One-time $2 membership fee, also payable with your first monthly premium. $3 recurring monthly fee if you do not sign up for automated ACH payments each month.

Does Medi-share cover prescriptions?

Prescriptions are eligible for sharing (for a six-month period) if they are related to a new eligible illness, injury or accident. Members have access to prescription discounts which can help you save an average of 40 percent on all your medications – even if it is a medication you already take.

Does medishare require a physical?

As with traditional insurance, you will still pay a provider fee (like a co-pay) of $35 for doctor visits and $135 for emergency room care. Routine well patient care–such as annual physicals–and dental and vision care are not covered by Medi-Share, so you need to be prepared for those expenses throughout the year.

Does MediShare have a deductible?

With Medi-Share, there are no deductibles or max-out-of-pocket limits, just this thing called an Annual Household Portion (AHP) that is kind of like a deductible and max-out-of-pocket limit rolled together.

Who is eligible for Medi-share?

An adult child may be added to a Member Household if they meet qualifications for membership. Applicants who are 65 or older are ineligible for Medi-Share. However, applicants who are 65 or older are eligible for Senior Assist.

Does medishare cover major medical?

Medi-Share does not exclude people for pre-existing conditions (similar to major medical plans), but they won’t pay for any pre-existing conditions for the first 36 months.

Does medishare have a copay?

Medi-Share also doesn’t have co-pays for doctor visits, they have a $35 “provider fee”. You pay this fee everytime you see a doctor (primary care or specialist). It does not count towards your AHP but does go towards your doctor bill.

How much is Medishare a month?

When you apply and are approved for the Medishare program, you will be charged a one-time $120 fee. This is added to your first monthly premium. One-time $2 membership fee, also payable with your first monthly premium. $3 recurring monthly fee if you do not sign up for automated ACH payments each month.

Is Medi Share health insurance?

It is a Christian healthcare system of medical bill sharing. However, Medi-Share is not insurance , and not all medical conditions are eligible for sharing. Participants pay an AHP (Annual Household Portion) toward their own medical costs; expenses beyond this are eligible for sharing among the ministry’s membership.

How does Medi-Share work?

How Medi-Share Works. Each month, your monthly share is matched with another’s eligible medical bills. Through a secure online portal, Medi-Share publishes the bills eligible for sharing and coordinates the direct sharing of medical costs between members. You will know every month whose bills you are paying, and when you have eligible bills, your fellow believers will be sharing those and praying for you.

Is Medi Share HSA eligible?

No HSAs – Medi-Share is not eligible for use with Health Savings Accounts (HSAs). This is a big bummer for some people and something Medi-Share is actively petitioning for. Note: you can still keep your HSA and use it if you have one, you just can’t make tax-free contributions to it.