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A Fundamentalist Christian would say that they're getting what they deserve, because somehow they have not followed God's word.
Healthcare Sharing Ministries
- Thread starter pcbinsurance
- Start date
A Fundamentalist Christian would say that they're getting what they deserve, because somehow they have not followed God's word.
- 1,861
I agree with PostQ. Show me statistics. Those of us who have written group insurance know that Churches, Ministries, and other religious organizations have not been good risks. Before HIPAA laws, when every group could be underwritten, these organizations were either "non-acceptable industires", or automatically rated up, due to the extra risks. Yeah, maternity, but also AIDS, mental/nervous disorders, HBP, Diabetes and more. I had quite a few on the books myself, and I know from personal experience that there were a lot of illnesses behind the scenes, many of which were caused by stress, obesity, and hidden alternative lifestyles.
insurancevet
New Member
- 18
health sharing uses the law of large numbers to get control of expenses. It is not insurance but a group of people throwing money into a pool that is used to pay members medical bills like insurance would but without the guarantee and ability to cover astronomical claims. They do not offer to do this unless you are a member in good standing so in that sense you continue to pay for the same reason you continue to pay for a health insurance policy namely because if not your policy lapses and you no longer are protected except there is no policy with health sharing it is not insurance there is no promise to pay at all they simply share in medical expenses. Its a philosophy and way of doing things that is totally different than insurance and it is legal under the ACA if your ministry is grand fathered and organized before a certain date.
The health sharing ministry concept is a way to solve the problems we have in America if people looked at it the right way and if they would use reinsurance to have real protection for the rare large cases that drive rates up by using high deductible reinsurance to offset their exposure. Not sure then if that would be legal to do that.
If you find a group of really healthy people and they just accept non smokers and non drinkers then it is a given your claims will probably not be as large so there is some benefit to those who organize in these groups if they are in a large enough group to make the numbers work.
As a health conscious consumer I would be able to opt out by participating in these and if they had a low enough rate less than the penalty I could then buy limited benefit plans for lower cost coverage. I mean if worst comes to worst and I get rated up after having some kind of event that would mean I was trapped I could always get back on an ACA plan right?
The health sharing ministry concept is a way to solve the problems we have in America if people looked at it the right way and if they would use reinsurance to have real protection for the rare large cases that drive rates up by using high deductible reinsurance to offset their exposure. Not sure then if that would be legal to do that.
If you find a group of really healthy people and they just accept non smokers and non drinkers then it is a given your claims will probably not be as large so there is some benefit to those who organize in these groups if they are in a large enough group to make the numbers work.
As a health conscious consumer I would be able to opt out by participating in these and if they had a low enough rate less than the penalty I could then buy limited benefit plans for lower cost coverage. I mean if worst comes to worst and I get rated up after having some kind of event that would mean I was trapped I could always get back on an ACA plan right?
Here's one recent study of many if ya just google it:https://www.google.com/url?sa=t&rct...IY64Sn2Th34TcoxDw&sig2=4jede4JgAOmzYggxvbsR9w
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Apparently you miss the point of grace in the Gospel of Christ? It's not about getting what we deserve it's about getting what we DON'T deserve!
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OK, None, since it is not insurance. It's a calculated risk that you take. Let me pose this because it's obviously not "above your pay grade," wise one. How is our government still operating? Borrowed $$? When does the ACA implode?
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I cringe more at how gullible people are when they considered another OBAMA term!
- 8,448
Apparently you miss the point of grace in the Gospel of Christ? It's not about getting what we deserve it's about getting what we DON'T deserve!
I cringe more at how gullible people are when they considered another OBAMA term!
Did God not give us what we deserved for 8 years? Mixed bag I suppose. Some prospered immensely. The resorts are packed with Americans enjoying their prosperity. Misery doesn't hear from them, though. They're too busy to post in blogs and forums.
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