This post may contain affiliate links, which means if you enroll through my link, I’ll receive a small commission at no extra cost to you.
When people first hear about Health Sharing, they wonder how they could use a Health Share as an alternative to Health Insurance, and how that would work with the Federal Health Care Law.
Since 2019, you are not required to obtain Minimum Essential Coverage under the Affordable Care Act and you will not be penalized for failing to purchase traditional health insurance.
For most Americans, you can simply join a Health Share and use that as an alternative to traditional Health Insurance.
However, there are a few states that have individual state mandates: California, District of Columbia, Massachusetts, New Jersey, Rhode Island, and Vermont.
If you live in one of the states mentioned above, you will still need to meet the minimal Health Insurance requirement. For those that live in Vermont, there is currently no financial penalty for not having Minimum Essential Coverage.
For those living in a state or district that has a state mandate, you can simply purchase coverage that meets the minimal Health Insurance requirement (Minimum Essential Coverage) and you can still join a Health Share. When preventative care is needed, it would be covered through your Health Insurance. When a larger unexpected medical need arises, it would be shared with the Health Share.
Where to Enroll
If you are looking to join a Health Share, I highly recommend checking out my post on the Best Health Share Plans.
Leave a Reply