Medical cost-sharing plans are not the same as health insurance. They're an alternative to regular healthcare coverage that's designed to help members with religious or ethical values, often Christian, reduce medical costs. However, before cost-sharing can begin, each member must pay a specified amount of their own healthcare expenses that are not shared.
Liberty HealthShare Blog
Health Share Ministries
Healthcare sharing is a means to pay for medical expenses and stay inside your budget while also assisting other Christians and upholding your Christian convictions. It's also logical for singles to take advantage of a medical cost-sharing program. This is because it gives you complete control over your healthcare expenses.
It's vital to keep in mind that healthcare sharing is not the same as insurance. Instead of paying a monthly premium, your monthly share will be donated to a fellow health sharing member in need. Then, when it's your turn, you can ask members to split the expense of your medical care. All of your medical expenses are divided among community members, and it's a liberating way to take care of your health while also helping others.
So, let’s take a closer look at some of the reasons why healthcare sharing makes sense for singles.