Distributed Reserving

REDEEM HealthShare implements a practice called Distributed Reserving to maintain financial stability and readiness.

• Monthly Share Amount: The monthly share amount is set at a level to build a small balance, or reserve, in each member’s Share Account.
• Purpose: These reserves enable REDEEM™ HealthShare Ministry to plan for the ebb and flow of medical usage and payments, ensuring that funds are available to cover eligible medical expenses promptly.
• Member Control: While the reserves are maintained in individual Share Accounts, the funds are fully controlled by the members except for the purpose of paying shared medical bills. This practice ensures that the community can support each other effectively and efficiently.