Sharing the Cost of Healthcare Among Like-Minded People
The cost of traditional medical plans continues to rise, even as the quality and quantity of healthcare services they offer decreases. For those looking for an alternative, Aliera Healthcare works in alliance with Trinity HealthShare to offer affordable options that meet a wide variety of healthcare needs. Aliera exclusively administers the team’s multi-component healthcare solutions and provides full oversight over the entire healthcare member experience. This includes the timing and implementation of everything from onboarding a new member to processing claims. Trinity, a 501(c)(3) non-profit organization, provides the HCSM platform for how member and charitable contributions are shared.
Healthcare based upon sharing
Medical cost-sharing organizations believe in “individual responsibility for health and helping others in need.” Members of this plan type recognize a common religious or ethical belief (or both) and require participants to sign a Statement of Beliefs agreeing with the organization’s core tenants. Then, members help each other satisfy the cost of eligible medical expenses.
How healthcare sharing organizations differ from traditional medical plans
Members of healthcare sharing organizations take control of their healthcare and make decisions to keep themselves healthy. They often sign agreements stating they will abstain from drinking, smoking, drugs and behavior that will cause harm to themselves. Monthly share amounts are far lower than premiums for traditional medical plans, as members choose to live healthier, more responsible lifestyles.
How Aliera Healthcare’s medical cost sharing works
With medical cost sharing plans from Aliera and Trinity, members send their monthly contributions to Aliera. These contributions are deposited into the member’s sharebox, waiting to be matched to another member’s eligible medical expenses. Members submit share requests when they visit the doctor or incur an eligible medical expense. All requests are reviewed to ensure they are reasonable, appropriate discounts are applied, and then Aliera transfers money from other members’ shareboxes to pay the bill.
Aliera Healthcare and Trinity HealthShare give members access to complete healthcare at a reasonable cost, thanks to cost sharing. Plans offer have low monthly share amounts, allowing members to set aside the comparative savings to pay their MSRA—the amount each member (or family) must pay out of pocket toward medical needs before their request for assistance will be published to the other members of the ministry for sharing. Members realize additional savings with telemedicine and prescription discount programs. They can speak with a doctor by phone or chat 24/7 without cost and save an average of 55% on prescription medications and diabetic testing supplies at retail pharmacies.
For those who desire to take control of their healthcare, medical cost sharing may be exactly what is needed. Through a commitment to caring for others, individual responsibility and healthy living, members are able to access affordable healthcare that meets their needs.
Some other names for healthcare cost sharing
Healthcare cost sharing organizations may be referred to by a number of different names including medical cost-sharing plans, Christian medical cost sharing, health cost sharing, and healthcare cost-sharing plans.