Has anyone used Liberty Health Share or a health sharing program in lieu of say possibly a HDHP with HSA? Let me explain my situation.
Me and the wife (both 31, no chronic medical problems) are moving from NY to Texas soon and going from W2 to IC.
I'm looking for health insurance and seeing how expensive it is. There will be a gap of about 3 months where I won't be working to take time off for family.
Seeing the health insurance premiums for myself and wife appear to be about $800/month for BCBS at a deductible of about 13k. It's crazy how expensive this can be but I realize thats the world we live in.
I came across Liberty Health Share which appears to be a health sharing ministry. Basically if I bought their gold plan they would cover everything after meeting a $1k deductible at about $300/month. Preventive services aren't covered. Certain behaviors aren't covered. Cant smoke, drink, have sex out of wedlock. Believe in a higher power. All of these actually fit my day to day life. It also looks like theres a lifetime limit of $1 mill but I could possibly sign up for insurance in the mean time. There is no prescription/dental/vision coverage but they offer discounts. Here is the link and a blog that details benefits and risks.
https://www.libertyhealthshare.org/faq#q9
https://millennialmoola.com/2017/04/05/quitting-my-obamacare-plan-2/
Has anyone ever tried one of these? Should I stick with my traditional HDHI with HSA? At least I gain access to a HSA at that point for stealth IRA. Any advice would be much appreciated. Thanks so much.
Has anyone here ever used one of these?
Me and the wife (both 31, no chronic medical problems) are moving from NY to Texas soon and going from W2 to IC.
I'm looking for health insurance and seeing how expensive it is. There will be a gap of about 3 months where I won't be working to take time off for family.
Seeing the health insurance premiums for myself and wife appear to be about $800/month for BCBS at a deductible of about 13k. It's crazy how expensive this can be but I realize thats the world we live in.
I came across Liberty Health Share which appears to be a health sharing ministry. Basically if I bought their gold plan they would cover everything after meeting a $1k deductible at about $300/month. Preventive services aren't covered. Certain behaviors aren't covered. Cant smoke, drink, have sex out of wedlock. Believe in a higher power. All of these actually fit my day to day life. It also looks like theres a lifetime limit of $1 mill but I could possibly sign up for insurance in the mean time. There is no prescription/dental/vision coverage but they offer discounts. Here is the link and a blog that details benefits and risks.
https://www.libertyhealthshare.org/faq#q9
https://millennialmoola.com/2017/04/05/quitting-my-obamacare-plan-2/
Has anyone ever tried one of these? Should I stick with my traditional HDHI with HSA? At least I gain access to a HSA at that point for stealth IRA. Any advice would be much appreciated. Thanks so much.
Has anyone here ever used one of these?
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