Medi-Share Insurance - Page 3

Mom2Dogs · ‎03-09-2010

@maestra....the whole d@m# thing makes me mad!

Maudelyn · ‎09-08-2016

@gidgetgh wrote:
Interesting that you brought this up. A friend of mine posted about these last week on Facebook. I'd never heard of them so I did a little googling.

I could be wrong, but it was my impression that it's not a guarantee that a claim will be paid. You submit it and then wait. They gave an example of a woman who submitted a claim and then waited four months I think before she found out it would be paid.

And, again, I think I'm remembering this correctly, you had to pay for all routine stuff out of pocket. I don't know what qualified as routine and what didn't.

Just on the brief reading I did, that's WAY too risky for me. One illness could financially ruin you if the members decided not to pay it.

And since its its kind of like a co-op kind of thing, how do you control your portion? At least with my monthly premium it's a fixed amount and I know what it is.

If I'm wrong about any of this, I apologize. I read very briefly, didn't like what I read and stopped researching. Way too risky for me.

You have to testify that you believe a certain way, as well as guaranteeing you are living an "approved" lifestyle. You are subject to having your guarantee investigated i.e., discussions with your pastor, church members,etc. If you don't treat your body as a temple, you may be subject to "coaching" by another member (who could have special access to your health files) to help you lose weight, lower blood pressure, etc. You are subject to your claim being paid based on a judgement of the morality of the illness. The premiums seemed decent- a young person's share would be around $60 a month.

gidgetgh · ‎03-09-2010

@Maudelyn wrote:
@gidgetgh wrote:
Interesting that you brought this up. A friend of mine posted about these last week on Facebook. I'd never heard of them so I did a little googling.

I could be wrong, but it was my impression that it's not a guarantee that a claim will be paid. You submit it and then wait. They gave an example of a woman who submitted a claim and then waited four months I think before she found out it would be paid.

And, again, I think I'm remembering this correctly, you had to pay for all routine stuff out of pocket. I don't know what qualified as routine and what didn't.

Just on the brief reading I did, that's WAY too risky for me. One illness could financially ruin you if the members decided not to pay it.

And since its its kind of like a co-op kind of thing, how do you control your portion? At least with my monthly premium it's a fixed amount and I know what it is.

If I'm wrong about any of this, I apologize. I read very briefly, didn't like what I read and stopped researching. Way too risky for me.
You have to testify that you believe a certain way, as well as guaranteeing you are living an "approved" lifestyle. You are subject to having your guarantee investigated i.e., discussions with your pastor, church members,etc. If you don't treat your body as a temple, you may be subject to "coaching" by another member (who could have special access to your health files) to help you lose weight, lower blood pressure, etc. You are subject to your claim being paid based on a judgement of the morality of the illness. The premiums seemed decent- a young person's share would be around $60 a month.

Yeah, I had put all that out of my mind because I was so offended by it. I didn't think to mention it today.

Why is it, when I have a 50/50 guess at something, I'm always 100% wrong?

terrier3 · ‎03-10-2010

This is a form of self insurance.

It works with large corporations that have many participants.

These types of groups - not so well. It's a pyramid scheme that can collapse with one very ill member.

It's NOT "insurance."

proudlyfromNJ · ‎05-01-2010

@sunshine45 wrote:
our cpa asked for our healthcare insurance form provided by our insurance company. he will be filing it with our taxes.

As well you should because it is the law. However, no one will be checking for it.

Mom2Dogs · ‎03-09-2010

@gidgetgh.... I hope you have recovered from what it was that happened to you many years ago. I guess I will stick with my current insurance!

gidgetgh · ‎03-09-2010

@Mom2Dogs wrote:
@gidgetgh.... I hope you have recovered from what it was that happened to you many years ago. I guess I will stick with my current insurance!

@Mom2Dogs- actually, no I haven't. It's something I live with and manage every day. You just never know.

Why is it, when I have a 50/50 guess at something, I'm always 100% wrong?

NativeJax · ‎01-27-2015

@Lovingq....

Great! The IRS has no business dabbling into healthcare anyway. I think I did hear some grumbling last week now that it was mentioned here.

Pinkroses · ‎03-10-2010

I am a medical biller and from my experience it does not pay well. And the subscriber must keep on them until they pay the claim. Others may have better experience but they sure are slow to pay.

makeup addict · ‎03-29-2010

@gidgetgh Did you ever get a diagnoses?

@Pinkroses Thanks for the info. Right now, I have no insurance due to being laid off. I don't qualify for ACA credits. ACA would cost me 500-700 a month; Cobra was cheaper, but still too expensive.