The cost of health insurance has become a major financial burden for many families, with premiums in some cases exceeding monthly mortgage payments. This discussion explores the root causes of this crisis and offers a practical, faith-based solution.
Mike Sharman, legal counsel for Share HealthCare, breaks down how:
-- The Affordable Care Act (ACA) has created a high-price, low-competition environment by mandating coverage and stifling market competition.
-- A recent Washington Post article highlights that health insurance premiums have quadrupled since 1999 and are projected to increase by a median of 18% in 2026, which is three times higher than the previous year.
-- Unlike for-profit insurance companies that are legally bound to prioritize shareholders, Share HealthCare is a 501(c)3 nonprofit Christian ministry focused on affordability and a member-centric model.
-- Share HealthCare’s monthly share amount for a family of four is significantly less than the national average for employer-provided insurance.
-- The ministry's lower costs are attributed to its Christian principles, which encourage a healthy lifestyle and a community of prayer.
-- Individuals can take action by either joining a healthcare sharing ministry or asking their employer to provide a stipend in place of traditional insurance.
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You can find out more information about Share HealthCare by calling 1-844-Share HC, or by visiting their website:
https://sharehealthcare.com/
