medi-share is a Christian nonprofit medical cost-sharing program. medi-share works by relying on members to care for one another through financial contributions and prayers. medi-share has similar qualities to traditional insurance, such as a deductible and a premium (the amount of the monthly premium). the medi-share application costs $50 and there is a one-time membership fee of $120 with the first monthly payment.
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the cost of medi-share
the cost of medi-share depends on your ahp, state, marital status, family size, and age.
application fees & startup costs
It costs $50 to apply for medi-share and there is a one-time membership fee of $120 with the first monthly payment. the member would also pay another one-time fee of $2 to set up the “shared account”.
annual family portion (ahp)
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Members can choose their AHP and the cost ranges from $1,000 to $10,500. This is the annual amount a household will contribute to their medical bills before participating in bill sharing with other members.
For example, if you select $3,000 ahp, you will be responsible for a total of $3,000 in eligible medical bills before your bills are posted for other members to share.
doctor visits & hospitalizations
If you visit a medi-share covered provider, it would cost about $35 for doctor visits and hospital stays and $200 for emergency room visits. telemedicine visits are free of charge. all other invoices would be sent to phcs for additional payment consideration.
what is medi-share
medi-share is a Christian nonprofit medical cost-sharing program. members share each other’s health expenses. Members put their monthly share (similar to a premium) into a large sum, which is technically a credit union account. those with expenses use that money to pay their bills.
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In this medi-share guide, we break it down:
- how medi-share works
- what is covered by medi-share
- the cost of medi-share
- pros and cons advantages
- frequently asked questions
how medi-share works
medi-share works by members who contribute through various cost factors:
provider fee
a provider’s fee is comparable to a copay in traditional health insurance. Preventive or routine wellness appointments, including annual physicals or dental and vision care, are not covered by Medi-Share, so be prepared for those expenses year-round.
annual family portion (ahp)
Medi-Share members elect an Annual Family Portion (AHP). this is comparable to an annual deductible. Your portion size would determine how much you’ll have to pay out-of-pocket for covered medical expenses before health participation kicks in. for the monthly and ahp allowance, you can determine this yourself. the size of the ahp you choose will determine your monthly share. the higher the ahp you choose, the lower your monthly fee.
preferred provider organization (ppo)
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medi-share is associated with a preferred provider organization known as private health care systems (phcs), and members are encouraged to find care through providers within the phcs network. however, you may choose to treat with an out-of-network doctor. if you do, you may be penalized for going off-network.
health incentive
Families can get up to 20% off their monthly share amount when they qualify for the health incentive. To be eligible for the health incentive, all adult Medi-Share members in the household must meet specific health criteria. this includes blood pressure and body mass index, and weight/waist measurement.
doctor visits
When you receive medical care, such as a doctor’s visit, you provide your medi-share card to pay your provider’s fee, and the provider will bill medi-share.
The medical bill will be processed and deducted, and then your doctor will bill you for the amount you owe. once the amount you pay reaches your ahp for the year, your eligible medical bills will be approved for sharing.
