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In this post, I am going to do a comparison of Liberty HealthShare and Sedera.
I will go over member responsibility amounts (what member’s pay before the community shares in any medical bills), monthly costs (this is dependent on age, individual/family memberships, and the Member Responsibility amount you choose), preventative sharing, pre-existing conditions, maternity, turnaround time to pay medical bills, and any special considerations to be aware of.
Member Responsibility Amounts
Liberty HealthShare Annual Unshared Amount (AUA): The Annual Unshared Amount for each program level must be paid before medical costs are eligible for sharing. Your AUA amount is determined by your account type;
Single: $1,000 (Liberty Unite and Liberty Connect) or $4,000 (Liberty Essential Plan)
Couple: $1,750 (Liberty Unite), $2,000 (Liberty Connect) or $8,000 (Liberty Essential Plan)
Family: $2,250 (Liberty Unite), $3,000 (Liberty Connect) or $12,000 (Liberty Essential Plan)
After you fulfill your Annual Unshared Amount (AUA), you may share eligible medical costs.
Sedera Initial Unshareable Amount (IUA): The Initial Unshareable Amount (commonly known as the “IUA”), is the amount the member would need to pay before the HealthShare will “share” in any medical expenses. Sedera has five IUA amounts to choose from: $500, $1000, $1500, $2500, and $5000.
Monthly Contribution Price Range
Liberty HealthShare: $159 to $1,239 + $50 extra for each family member over 5 people.
Sedera: $113 to $1,713
Statement of Faith
Liberty HealthShare: Must agree to adhering Christian standards and beliefs. The required beliefs are less strict or specific than other religious HealthShares, but they do require members to “participate regularly in worship or prayer”.
Sedera: None – They accept people of all faiths.
For more detailed information on faith-based requirements, please read this post about Christian HealthShare Plans.
If you prefer a HealthShare that has no religious requirements, please read my post about Non-Religious HealthShare Plans.
Preventative Sharing
Liberty HealthShare: Annual wellness visits are shared up to $400 per visit. After two months of membership, mammograms, prostate examinations, and cologuard are shareable every other year or yearly after 50 years of age.
Sedera: Routine childhood immunizations are shareable. Diagnostic colonoscopies and Diagnostic mammograms are shareable after an IUA is paid – some restrictions may apply (age, need, reasonable cost, etc).
Pre-Existing Conditions
Liberty HealthShare: During the first year of membership, there is a waiting period for pre-existing conditions. During the second and third year, they will share up to $50,000 for pre-existing conditions. After the fourth year, they do not consider it a pre-existing condition anymore.
Sedera: 1 year waiting period (nothing shareable related to the pre-existing condition, up to $15,000 shareable after the first year, up to $30,000 shareable after the second year, and fully shareable after the third year.
For more detailed information, please read my post about How The Top HealthShare’s Handle Pre-Existing Conditions.
Maternity
Liberty HealthShare: Not eligible for sharing on the Liberty Select plan. There is a six month waiting period to have maternity needs shared on the other plans (for all members who start on or after March 1st, 2021).
Sedera: Medical expenses for childbirth that have an expected delivery date within the first 12 months of membership are not shareable. Normal vaginal deliveries and emergency Cesarean section deliveries have a total Initial Unshareable Amount (IUA) of $5,000. Non-emergency/elective Cesarean section deliveries have a total IUA of $7,500. The standard IUA levels of $500 – $5,000 do not apply for Maternity Needs.
Feel free to learn more at The Top HealthShare’s Maternity Benefits (Comparison Guide).
Turnaround Time for Paying Medical Bills
Liberty HealthShare: 90 Days
UPDATE: Liberty HealthShare sent out an email on 03/01/2022 to all members stating that they have a backlog on paying for people’s medical bills. Members are currently waiting longer than 90 days to have their medical bills paid for.
Sedera: 30-60 days
Considerations
Liberty HealthShare: The biggest consideration for Liberty HealthShare is their current backlog on paying for people’s medical bills, which has resulted in a lawsuit. Liberty HealthShare sent out an email to their members on 03/01/2022 and said that they were making big changes in leadership, to their membership plans, and to their pricing to help fix current issues.
It’s also important to consider membership plan’s caps and limitations:
Liberty Unite Plan – Up to $1 million shareable per incident after AUA has been met.
Liberty Connect – Up to $1 million shareable per incident after AUA has been met. Members pay a 15% co-share.
Liberty Essential – Up to $600,000 sharable per incident after AUA has been met. Members pay a 25% co-share.
Sedera: No single need may consume more than one third of the total number of shares available in a given month. This can result in a medical need being capped, but it is at an unknown amount since it is dependent on how many people contribute each month. Also, members are Required to join with an association, company or other grouped billing.
Which Health Share Plan Should You Join?
Choosing a Health Share plan is a very personal decision. Feel free to check out Liberty HealthShare Reviews and Sedera Reviews. I provide a lot more information on each Health Share and you can read reviews from other members.
There are so many different Health Share plans to choose from, which is great, but it can also be overwhelming! To help narrow down your choices, I wrote an article on the Best Health Share Plans. You will find which health share plans I recommend to help you on your search for affordable healthcare.
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