Annual Pricing Evaluation

Introduction

To account for changes in healthcare costs, REDEEM HealthShare evaluates its pricing annually. As a result of this evaluation, REDEEM HealthShare may adjust your funding notice amount.

Information

If REDEEM HealthShare determines that a funding notice amount increase is necessary to meet healthcare costs, REDEEM HealthShare will give 60-day notice to you about the increase via email. The new amount will take effect on a designated and disclosed effective date.

In most cases, the amount of your funding notice will change on or after the effective date when your membership renews. Because renewals occur throughout the year, funding notice amount increases will not take effect for all members at the same time.

References 

For information about additional reasons your funding notice amount will increase, see Understanding Your Funding Notice Amount.

As a member of REDEEM HealthShare, reading and understanding the Sharing Guidelines is important.