Altrua Health share is a “nationwide faith-based health sharing organization in which members share in each other’s medical needs.” Health-sharing is NOT insurance and it is NOT part of the Affordable Care Act, which means you can buy it at any time of the year. However, if you do purchase an Altrua plan, you do NOT have to pay the ACA penalty.
his is how Altrua works: members pay into an escrow on a monthly basis (your monthly premium) and when you receive medical care, the doctor submits a claim to altrua healthshare and Altrua pays the bill. Not everything is covered, but most basic medical care is, such as doctor visits, childbirth, and prescriptions.
Altrua Health share Gold and Silver Plans
Six office visits per person per the calendar year are included in the membership. The $35.00 office visit/urgent care MRA must be submitted to the provider and applies to all eligible services received at the time of the visit. Up to $300.00 is shared by the membership for each visit.
Any services contracted to other providers or facilities and visits for maternity needs are not included. Any amount that exceeds the maximum sharing limit of $300.00 is the responsibility of the member and will not be applied to the 1st or 2nd MRA. After 6 office visits, the member is responsible for 100% of all charges.
Altrua Health share Bronze Plan
Six office visits per person per the calendar year are allowed. Altrua HealthShare provides an Explanation of Sharing to the member stating the allowed charges members are responsible for. Up to $300.00 per visit is applied to the 1st then 2nd MRA. Any amount that exceeds $300.00 is not applied to the 1st or 2nd MRA. After six visits, the member is responsible for 100% of all charges. Any services contracted to other providers or facilities and visits for maternity needs are not included.
Use your spouse’s health insurance plan. If you are married and your spouse as an affordable, low cost health insurance plan, he or she may be able to add you to it.
Look into state-sponsored health insurance programs. These state-sponsored programs are ideal for the disabled and elderly; actually, most of them are designed just for those people.
Check out a few short-term medical insurance plans. Short term medical insurance plans are designed for individuals who have suddenly found themselves laid off or out of work, but plan to join the workforce again once they can. Short term medical insurance plans are full of benefits, and are generally available anywhere from six to 12 months.
Start looking at various individual health insurance plans. These are usually the most expensive of all health insurance plans; however, what you’ll pay in premiums will pale in comparison to what you’ll pay in hospital bills should you become ill or injured. This makes having an individual health insurance plan seem all the more affordable and low cost.
Yet, not everyone is fortunate enough to work for an employer who offers affordable, low cost health insurance. Actually, some people aren’t even able to work at all. Maybe they’ve lost their jobs or been laid off. Maybe they’ve become disabled, or just too old to work. Whatever the reason, there’s good news. Affordable, low cost health insurance is within reach– if, that is, you’re willing to do a bit of stretching.