Best Health Insurance Options for the Self-Employed

Medi-Share

Medi-Share started in 1993 with the idea of following a biblical model of health care–Christians helping Christians. Members share each other’s eligible medical bills and are also encouraged to pray for other members in need.

Your monthly share (similar to an insurance premium) is based on the age of the oldest applicant and how many family members are participating. The annual household portion (AHP) is similar to an annual deductible and ranges between $1,000 and $10,500.

The AHP you select at enrollment will determine how much you have to pay out-of-pocket before your bills are covered by the health share. Each month, your monthly share will be matched with another member’s eligible medical bills. You’ll actually get information on whose bills your share is helping pay each month.

Medi-Share does offer limited coverage for pre-existing conditions. Members can receive up to $100,000 per year once they’ve been faithfully sharing for 36 consecutive months. And once a member has been sharing for 60 consecutive months, he or she can receive up to $500,000 per year.

Medi-Share does not cover dental, vision, or hearing expenses. However, they do give members savings cards which can provide discounts of up to 30% for these expenses.