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Healthcare is an essential aspect of our lives, but the rising costs of health insurance can be a burdensome reality for many. Imagine an alternative that not only offers comprehensive medical services, but also comes with the promise of significant savings. Welcome to the world of health sharing, and more specifically, Impact Health Sharing.
Short Summary
- Impact Health Sharing provides an affordable and reliable healthcare solution with potential savings of up to $6000 a year.
- Enjoy 24/7 access to telehealth, industry-leading discounts on prescriptions, and the power to choose your own financial responsibility for healthcare costs.
- Join Impact Health Sharing’s supportive community today and unlock the collective good!
Understanding Impact Health Sharing
Health sharing is a practice where individuals come together to share healthcare costs. It’s a concept that takes insurance back to its roots, where community members support each other in times of need. Impact Health Sharing is one such community that leverages the power of many to handle healthcare costs. Unlike traditional health insurance, it brings the element of community care and shared responsibility into the picture, providing a unique, affordable, and reliable healthcare solution.
Impact Health Sharing was born out of a strong commitment to shared beliefs and the principle of ‘love thy neighbor.’’ The founders, Phil and Angela Chrysler, were motivated to provide a platform where people could access quality healthcare without breaking the bank. They envisioned a community where members affirm their commitment to the shared beliefs, which may include a religious background, to qualify for the benefits.
Interested in joining the community? Some states require health sharing organizations to publish a disclosure. It’s part of Impact Health Sharing’s commitment to transparency and ensuring members can make informed decisions.
Healthcare Sharing Principles
Healthcare sharing is not just a process; it’s a principle. At its core, it revolves around the concept of collective good. It’s about a community of individuals and families coming together to share medical bills and offer special pricing for various services. This commitment was the driving force behind Impact Health Sharing’s inception by Phil Chrysler and Angela Chrysler, with the goal of bringing quality health care sharing within everyone’s reach.
Healthcare sharing also extends to mental health. Impact Health Sharing recognizes the importance of mental wellbeing, allowing members to access up to five outpatient mental health visits per member, per year.
How Health Sharing Works
The concept of health sharing might be new to some, so let’s dive into how it works. Health Sharing is a process where medical bills are shared among members. This medical cost sharing of expenses helps members save on healthcare expenses. The sharing is not unlimited, though. Each member can share up to $500,000 each year.
The sharing process involves an Initial Unshareable Amount (IUA), which ranges from $500 to $5,000. It’s like a deductible, determining how much a member is responsible for before sharing begins. For a single pregnancy event, you can receive up to $150,000. The most you could be expected to pay out-of-pocket could be up to 3x the IUA, depending on the procedure or pre-existing conditions involved.
Benefits of Choosing Impact Health Sharing
Choosing Impact Health Sharing comes with numerous benefits. One of the main advantages is the potential for lower costs compared to traditional health insurance. Who wouldn’t like to save money, right? Especially when those savings can reach up to $73 for individuals and $378 for families.
Another significant benefit is the wide range of price points available for Impact Health Sharing plans. With over 500 unique price points, you’re sure to find a plan that fits your budget and needs.
Savings Potential
When it comes to savings, Impact Health Sharing shines. The potential for savings varies depending on individual circumstances and the membership choices made. However, members can potentially save a significant amount compared to traditional insurance.
Imagine saving $500 each month on healthcare costs. That’s a gift of $6000 in savings a year! With Impact Health Sharing, this could be your reality.
Comprehensive Medical Services
Apart from the potential savings, Impact Health Sharing also offers comprehensive medical and preventative health care. Plus, you get free 24/7 access to telehealth. It’s healthcare that covers an incredible range of services, including preventative care, maternity care, accident care, illnesses, and injuries.
It’s comprehensive care that ensures you’re well cared for, no matter what life throws at you. From routine check-ups to unexpected accidents, Impact Health Sharing has got you covered.
Telemedicine and Rx Pricing
In our fast-paced world, convenience is king. That’s why Impact Health Sharing offers an incredible $0 telemedicine access with no provider fee. You can consult with a healthcare provider anytime, anywhere.
What’s more, Impact Health Sharing also offers industry-leading discounts on everyday prescriptions. It’s just another way this healthcare sharing community works to bring affordable healthcare to its members.
Impact Health Sharing Success Stories
Impact Health Sharing has not just been a concept, it’s a lived reality for many. There are numerous member testimonials where families and individuals share how this program has helped them. From significant savings on medical expenses to accessing comprehensive medical services, these success stories are a testament to the benefits of being part of a health sharing community like Impact Health Sharing.
The testimonies demonstrate the positive impact that Impact Health Sharing has had on people’s lives. It has.
Family Savings
When it comes to families, Impact Health Sharing has made a significant difference. Families report that they have been able to save on healthcare costs as plans start at just $378 for family options. These savings are not just numbers; they translate into more financial freedom, less stress, and a better quality of life.
It’s a testament to the power of a community coming together to share healthcare costs.
Individual Experiences
On an individual level, members of Impact Health Sharing have shared inspiring stories of how the community has benefited them. From saving money on medical expenses to accessing comprehensive medical services, the experiences shared by members highlight the advantages of being part of this community.
These personal stories, including the Williams family’s impact story, reinforce the fact that Impact Health Sharing is not just about sharing costs; it’s about building a community that cares for each other’s well-being.
Comparing Impact Health Sharing to Other Groups
While Impact Health Sharing offers a unique alternative to traditional health insurance, it’s essential to understand how it compares to other health share organizations. Like other health share groups, Impact Health Sharing is a not-for-profit, non-insurance alternative that allows members to share each other’s medical bills.
However, what sets Impact Health Sharing apart is its potential to pay for members’ medical bills without the guarantee, making it a distinct choice among health sharing organizations.
Key Differences
So, what makes Impact Health Sharing unique? The answer lies in its structure and principles. Unlike traditional health insurance, Impact Health Sharing operates as a not-for-profit organization. It’s about members paying a monthly share, which is then matched with another member’s eligible medical expenses.
This innovative model, coupled with a commitment to the members, makes Impact Health Sharing stand out among other health share organizations.
Similarities Among Groups
Despite the differences, Impact Health Sharing shares several similarities with other health share organizations. Like others, it offers a not-for-profit, non-insurance alternative to traditional health insurance. It’s about individuals, families, and small businesses coming together to share in each other’s medical bills.
It’s a supportive community that believes in collective good.
Navigating Membership and Costs
Understanding the cost structure of Impact Health Sharing is crucial for potential members. It’s about knowing your Personal Responsibility Amount (PRA) and co-share amounts. It’s also about understanding the factors influencing your monthly contributions.
These factors include your age, the number of people in your household, and the type of plan you have.
Personal Responsibility Amount (PRA)
The Personal Responsibility Amount (PRA) is a crucial aspect of Impact Health Sharing. It’s an amount that members choose, ranging from $1,000 to $10,000 per household per year. Once the PRA is met, eligible bills are shared by the members at 90%, with the member responsible for 10% up to a maximum of $5,000.
The PRA can be determined based on factors like age, number of dependents, and the chosen PRA. This allows members to make informed monthly contributions that fit their budget and healthcare needs.
Co-Share Amounts
Co-share amounts are another critical aspect to understand. After the PRA is met, all eligible medical bills incur a 10% co-share amount from the member, up to a maximum of $5,000 per household per year.
To facilitate easy payment of the co-share amounts, Impact Health Sharing offers a secure online account system. This virtual share account system allows members to conveniently pay their co-share amounts via credit card or bank transfer.
Summary
Impact Health Sharing presents a viable, affordable, and community-driven alternative to traditional health insurance. With its unique structure of shared medical costs, comprehensive medical services, and potential for significant savings, it offers an attractive option for individuals, families, and small businesses.
Personal experiences, success stories, and member testimonials vouch for the benefits of being part of this community. If you’re looking for a healthcare solution that puts you in control, promotes shared responsibility, and offers potential savings, Impact Health Sharing could be the right choice for you.
Frequently Asked Questions
Is Impact Health Sharing available in all 50 states?
Impact Health Sharing is available in 47 states, with delays for launch in New Jersey, Rhode Island and Washington.
What is Impact Health Sharing?
Impact Health Sharing is a non-insurance, cost-sharing community where members support each other’s healthcare costs. It offers potential savings and comprehensive medical services, giving you more control over your health insurance needs.
With Impact Health Sharing, you can choose from a variety of plans that fit your budget and lifestyle. You can also customize your plan to meet your specific needs. Plus, you can access a wide range of services.
Do I recommend Impact Health Sharing?
I really want to help people find a great health share that provides excellent customer service and financial relief when large and unexpected medical bills come their way.
I recommend looking at my article I wrote on the Best Health Share Plans. You will find which health share plans I recommend to help you on your search for affordable health care.
Write a Impact Health Sharing Review
Are you a current or former member of Impact Health Sharing? If you have any experience with Impact Health Sharing, please write a review! Reading other people’s Health Share experiences is a huge when trying to make a decision about which Health Share to join. In fact, over 90% of people will read online reviews before they buy a product or service! Please consider writing a review!
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