A. Healthcare Sharing
REDEEM™ HealthShare Ministry is a not-for-profit healthcare sharing ministry that facilitates direct member-to-member cost-sharing.
Healthcare sharing is a voluntary arrangement that unites individuals and families in the REDEEM HealthShare community through acts of mutual support and love, reflecting the early Christian church's commitment to caring for one another (Acts 2:44-45). Guided by our shared faith and Biblical principles, we come together to bear each other's burdens and demonstrate the love of Christ in practical ways.
The program is designed for sharing of medical expenses related to conditions resulting from a new illness, injury, or accident.
To participate, members voluntarily contribute a monthly share amount according to the age of the oldest member in the household, the sharing level chosen, and the number of participants on the membership.
B. No Member or REDEEM HealthShare Liability
REDEEM HealthShare is not insurance. REDEEM HealthShare is a Healthcare Sharing Ministry, as outlined in the Patient Protection and Affordable Care Act and was created to facilitate the sharing of medical bills and expenses among members, one with another, according to these Guidelines, at REDEEM HealthShare’s reasonable discretion. REDEEM HealthShare is not liable for the payment of a member’s medical bill. If sharing occurs, the shared medical bills are paid by the member that incurred the bill from other members’ share contributions only, not from funds of REDEEM HealthShare itself.
REDEEM HEALTHSHARE IS NOT AN INSURANCE COMPANY. HEALTHCARE SHARING IS NOT INSURANCE OR A CONTRACT FOR INSURANCE. THE PAYMENT OF MEDICAL BILLS BY MEMBERS THROUGH REDEEM HealthShare HEALTHSHARE OR OTHERWISE IS NOT GUARANTEED IN ANY WAY.
There is no transfer of risk from a member to REDEEM HealthShare or from a member to other members, and there is not a contract of indemnity between REDEEM HealthShare and any member or between the members themselves