This is one of the most frequent questions we receive from readers. It’s also incredibly difficult to answer, since there’s so much variety. Today, we’ll explain a bit about what to expect from health share pricing.
Factors that determine pricing
Most health shares use flat-rate pricing, meaning that potential members can see what they would pay in a month right on the website. All health shares using this flat-rate pricing show pricing tiers: monthly cost depends on the membership level, the member’s age, and, occasionally, how many people in the household will join the health share.
Age is simple enough to understand: older members tend to have more medical costs; therefore, health shares charge them higher monthly fees. But let’s review membership tiers.
Understanding membership tiers
Although health shares are not insurance, anyone who has used traditional insurance in the past should be familiar with plan options and pricing. The better coverage you receive, and the lower your deductible, the more you pay each month. In this sense, health shares work the same way. While health shares fundamentally focus on catastrophic or acute care, some companies offer more comprehensive membership options. These pricier options frequently include additional benefits such as preventive care and maternity sharing. People interested in a health share membership that helps a little more with everyday costs like doctor visits should consider joining a higher membership tier.
This isn’t common, but a couple HealthShares do require interested members to call or write in for a personalized price quote. When this happens, the company adjusts membership fees based on the cost of healthcare where the members lives. For example, someone living in New York City will likely have to pay more for their care than someone living in Little Rock. If you’re reviewing the site of a health share that seems promising, and see no pricing, expect that the company uses location-adjusted pricing.
So, what does it cost?
For a single person, the cheapest we’ve ever found is about $80/month for catastrophic-only coverage (like hospitalization and surgery bills). Medium pricing and membership tiers hover closer to $200. If you are over 50, there may be memberships charging about $300 a month; if you have a family, costs can be over $1,000/month.
Below is a list of the leading health share companies and their price ranges. Keep in mind that these ranges may vary on the company’s pricing structure, but for the most part will show the lowest price for a single adult and show the upper end of a family price point (assumed generally as a family of four).
Altrua offers Plans ranging from $136 to $1,424 per month.
Medi-Share plans range from $81 to $1,229 per month.
Membership costs range from $90 to $940 per month.
Liberty HealthShare plans range from $85 to $1,036 per month
Plan pricing ranges from $70 to $1,100 per month.
Samaritan Ministries offers plans ranging from $177 to $682 per month.
Sedera offer plans with prices ranging from $123 to $542 per month.
Solidarity plans range from $92 to $968 per month.
United Refuah prices range from $199 to $499 per month.
Zion HealthShare offer plans ranging from $103 to $790 per month.