A little over four years ago when the “laws of the land” changed, we decided it was time to look into alternative healthcare options. Alternative healthcare options you ask? Is there really such a thing? Well, I’m glad you asked, because yes, there is such a thing and a bigger YES that these alternatives satisfy the federal healthcare laws!! While Obamacare may have helped some people lower their health insurance premiums (although I have yet to meet anyone it has helped), all it has done for us, being a middle-class, self-employed family is drive the cost exponentially higher. This was a sink-or-swim situation for our family and we had to find alternatives.
I had heard about Medi-Share (another Christian organization who offers healthcare alternatives), and while I loved the concept of Christians helping Christians, I had a really hard time wrapping my head around what “healthcare sharing” looked like, and was admittedly skeptical, so I put it on the back burner until a little over four years ago when we were in our sink-or-swim situation. I started asking around at church, and surprisingly found that this “healthcare sharing” idea was not as far fetched an idea as I thought it was. As a matter of fact, I found out that healthcare sharing was alive and thriving, and through the testimonies of a couple of families at our church, we took the leap of faith and chose to go with a ministry called Samaritan Ministries.
Four years into this healthcare “alternative,” I can emphatically say I am so happy we found Samaritan! Once you detach yourself from the brainwashing “insurance” way of looking at healthcare and realize that the concept of helping others really does work, it changes your life AND your pocketbook!
So a quick rundown. At the time we chose to go with Samaritan, my husband and I were both self-employed and had two children at home. Being self-employed, we have always paid for our own insurance, and the CHEAPEST plan we could find was a plan through Humana. It had a $10,000 deductible, and once the deductible was met, coverage was 100%. In order to cover the $10,000 deductible, we also had a $10,000 accident policy. This policy covered anything accidental up to $10,000 wherein our Humana health insurance would pick up any remaining costs, so that meant the only exposure we had to the out-of-pocket $10,000 deductible was if we got sick. (Are you laughing yet?) Just before we made the switch to Samaritan, to have this “cheap” coverage, our monthly cost was going to be $1200 (update, as of a year ago, after my husband switched jobs, through his employer, getting coverage for him and the rest of the family was going to be $1600.) (Thank you Obamacare!) Who can afford this??!!!
Currently, there are quite a few options out there, but what we found worked best for our family was Samaritan Ministries. If you are curious to check out the other options, as some work more like an insurance company while others, like Samaritan, look completely different, you can click here Compare Ministries and do your own comparison.
Briefly, rather than paying a monthly premium and then paying the healthcare provider and medication copays and what not, we now pay a single monthly “share” to those in “need.” At the time of writing this (April 2017), we currently pay $495 a month for a family of 3 (or more) as our designated share. These shares are sent directly to other members who have submitted medical needs to Samaritan. Samaritan verifies the medical needs, and then each household gets a monthly email newsletter informing them who to send their “share” to. It’s a simple concept, but looks completely different from traditional insurance, but it’s worth every penny to make the switch.
If you are fed up with high deductible/can’t afford it anyhow insurance, you won’t be sorry you made the change. I do not work for Samaritan, nor do I speak for them, I am just a very satisfied member. If you find this helpful and decide to join, I would appreciate if you would mention my name, Kim Womack (in Colorado), as your referral.