The Difference Healthcare Sharing Can Make For Your Family

When it comes to health insurance, people have trusted that their medical costs would be taken care of by their chosen providers. You pay your monthly premium and have no worries about anything else. Most Americans have relied on their insurance company to be transparent about copayments, coinsurance, and cover costs of prescription drugs.

Then came the Affordable Care Act, and everything seemed to change. People who had never shopped for healthcare found themselves trying to understand insurance terms. What is a premium? What is a deductible, and do I really have to pay that first? The ACA caused confusion on how to choose a health plan and navigate through the health insurance marketplace looking for solutions. Do I need coverage for ambulances, what other medical services should I worry about, or can I risk leaving that one out?

Having coverage for your family is essential. After all, many injuries are caused by accidents, and rarely can families pay for large medical bills solo.

With Impact Health Sharing, your family can take control of their healthcare by choosing a plan that works both for their needs and budget. the guidelines are clear so there is no guessing game. Although most cost-sharing programs are Christian, Impact Health Sharing is open to any faith as long as members agree to the standard of ethics.

Mental health care

It’s no secret that the need for mental health has increased since the pandemic started. According to the National Alliance for Mental Health, 21% of U.S. adults experienced mental illness in 2020 (52.9 million people). This represents 1 in 5 adults. 5.6% of U.S. adults experienced serious mental illness in 2020 (14.2 million people). This means 1 in 20 adults. People with depression have a 40% higher risk of developing cardiovascular and metabolic diseases than the general population. People with serious mental illness are nearly twice as likely to develop these conditions. 26.3 million U.S adults received virtual mental health services in the past year, 34% of those with mental illness and 50% of those with serious mental illness.

That’s why Impact Health Sharing membership can make a difference by offering mental health services that many other Healthcare Sharing groups do not. Mental health is an important aspect of overall health and wellness.

The Impact Health Sharing guidelines state that members must pay 100% of the session consult fee at the time of service and may submit proper receipts to Impact for processing via the Medical Expense Form. Virtual Mental Health is considered a Specialist for provider fee purposes.

Outpatient Mental Health Care is eligible for sharing if performed by a qualified provider up to 5 visits per Member per Membership year. Outpatient Mental Health providers are considered Specialists for provider fee purposes.

If you or someone you know is having suicidal or self-harm thoughts, please call the NAMI Helpline at 800-950-NAMI or text "NAMI" to 741741.

Is Healthcare Sharing Truly Affordable?

Healthcare sharing programs are often more cost-effective than traditional health insurance. Members contribute to a shared pool, which is used to cover the medical expenses of the group. This cooperative approach can lead to substantial savings, making healthcare more accessible for many.

Community

If you enjoy helping others and making a real difference in the lives of others financially, then Impact Health Sharing is for you. Instead of sending money off to a big corporation, most Healthcare Sharing organizations give visibility on whom your money helps each month. Impact generates and publishes notifications before transferring funds to the member with a Need and the member(s) sharing in the Need for maximum visibility.