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Learning, Sharing, and Teaching => Ask a Mustachian => Topic started by: FrozenAssets on February 13, 2017, 10:23:16 AM

Title: Health Sharing Plans
Post by: FrozenAssets on February 13, 2017, 10:23:16 AM
Any recommendations or experiences, good or bad?

We are considering Samaritan Ministries or Medi-Share. Family of 6.
Title: Re: Health Sharing Plans
Post by: Miskalkulation on February 16, 2017, 04:03:50 PM
Frozen Assets,

Not sure if you have already made a decision, or not.  I have played around in my mind for a couple of years about this.  I'm a nurse and lets just say I'm disillusioned by the medical field.  Been in it way too long.  Anyway, this year I took the safe option and did my hospital insurance. (It hadn't gone up too much).  I listen to a guy on my morning commute: Dan Celia "Financial Issues with Dan Celia".  He and his wife (who is a nurse) decided to go with Samaritan Ministries, because Dan was allowed to "fully vet" them, gave them a tour of their headquarters, and answered all their questions.

If my insurance does become unreasonable, I will probably do the same.  I figure at least I would be giving my money to a good cause, VS giving it to the insurance company profits....
Last time I checked it would run about $400/month to cover myself, spouse and 2 kids...
Hope this helps!
Title: Re: Health Sharing Plans
Post by: Altons Bobs on February 16, 2017, 10:18:10 PM
It's not insurance, if something bad were to happen to you and if they can't get enough money to pay for your treatment, you may have to go bankrupt or suffer/die.  To me, it's not worth it to lose everything I've accumulated just to save a few bucks.