Guidelines - II.A How Health Care Sharing Works

Health care sharing is a voluntary arrangement that unites individuals and families in the REDEEM 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.

There is no transfer of risk from a member to REDEEM HealthShare or from a member to other members, and there is no contract of indemnity between REDEEM HealthShare and any member or between the members themselves.

REDEEM HealthShare Ministry is not an insurance company. The terminology and processes may be different or unfamiliar to you. REDEEM members do not pay “premiums” and REDEEM HealthShare does not collect money to “cover” medical expenses. Members receive Share notifications each month informing the members who they will be sharing with and the reason for the medical need. Members submit voluntary monthly Shares to assist other members with their eligible medical expenses and to support the administration and program services of the ministry. Members are always responsible for their medical bills and expenses.

Overview: The REDEEM™ HealthShare Sharing Process

Members select a sharing program that aligns with their desired level of medical expense sharing and financial considerations. Each month, members deposit their Total Share amounts into a specific member-owned (not-REDEEM-owned), bank account—called a Share Account—opened by the primary member during the application process with our third-party fiduciary, America’s Christian Credit Union. Medical providers or members submit medical bills to REDEEM HealthShare. Medical bills that are eligible for sharing per the Guidelines are matched, allocated, and published to the membership prior to sharing. REDEEM HealthShare implements a member-to-member approach to sharing which means that members share funds directly with one another. Through a process called Publishing, members matched to share receive a notification about 1) who will receive their funds, and 2) the amount from their Share Account that the member must withdraw for the payment of another member’s assigned bill. The amount shared to each receiving member is transferred to a Virtual Bill Account for the payment of the bill. Once completed, the funds directly transfer to the medical provider as payment for the bill or to the member where applicable.

You can find complete details on the sharing, publishing, and payment process in the REDEEM™ Sharing Platform (see Section V).

All eligible medical bills are subject to an Annual Unshareable Amount (AUA), which is the dollar amount a household membership must pay direct to providers toward their own eligible medical bills during a twelve (12) month period before their eligible medical bills can be published and shared by REDEEM HealthShare. Some REDEEM HealthShare programs have Co-Share amounts and other limits described herein.

REDEEM HealthShare offers three sharing programs which offer different sharing levels and health care sharing support and one optional add-on program providing additional flexible sharing options.