https://www.youngadultmoney.com/problem-health-sharing-ministries/ Make More. Save More. Live Better. Mon, 17 Jun 2019 18:42:39 +0000 hourly 1 https://wordpress.org/?v=6.6.2 https://www.youngadultmoney.com/problem-health-sharing-ministries/#comment-32695 Mon, 17 Jun 2019 18:42:39 +0000 https://www.youngadultmoney.com/?p=30771#comment-32695 The other issue is that they could potentially object on moral grounds to certain procedures. But yeah my biggest one is that no service is guaranteed to be covered except maybe annual exams. It just seems like quite a gamble, even if you are healthy. Then again, I was completely healthy too… Right up until I was suddenly on life support for the better part of three months, racking up hundreds of thousands of dollars in medical bills. Health care ministries just couldn’t have covered that, even if they’d wanted to.

]]> https://www.youngadultmoney.com/problem-health-sharing-ministries/#comment-32694 Mon, 17 Jun 2019 12:44:44 +0000 https://www.youngadultmoney.com/?p=30771#comment-32694 Agree with your assessment of the limitations of the health sharing ministries. The people I know who use them are optimizing for their own health care costs and circumstances and not looking at the broader implications. We have always opted for traditional insurance, but given how expensive and complex it is, we are also looking at medical tourism. We would always keep at least a bare minimum, catastrophic plan for the US, but if costs keep rising double-digits, only basic insurance will be affordable. Health insurance is already the single highest line item in our budget — more than our housing and car payments combined!

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