I would like to hear as well. i play the lottery when there are big bucks with the idea just to fund or do one of these. Christians are getting whacked and it will get worse. I did do some formulas of how i would do it. make them savings accounts but making payments on accounts if needed. Also i thot that the network system of insurance today crowds out any competition unless you pay full price. Insurance companies pay about 30%-50% of the billing charges. The ideal would be to set it up to pay the contract amounts. Also, You have “holding harmless” clauses for the members which is what the reserves are for.
I am over 60 and take an RX for diabetes.
Medishare would not “insure” me unless i payed an enormous supplement which made it just as expensive as “insurance”.
I retorted that this was a fine way to ‘take care of the widows of the church” and I was given the excuse that they were “a young ministry” and maybe they would have something for the poor widows in the future.
Funny, the early Church was barely off the ground and the entire structure was altered, including the creation of the Office of Deacon”, in order to take care of the widows.
Medishare boasts that it has been in effect for 30 years.
Phooey on them. I will take my chances with Folk remedies and Faith healing before I ever call them again.
Insurance can never be reasonably prided so long as health care service prices are hidden and huge and so long as the government keeps taking its cut via bureaucracy.
I meant reasonable priced. I was so busy trying to figure out how to spell bureaucracy that I failed to proofread adequately.
Anyway, your point about insurance companies paying less is a good one. The pricing should be clearly disclosed beforehand and the same for everyone. It should not require networking to get a better price.