REDEEM™ HealthShare Ministry is not a Substitute for Insurance as may be Required by Law. REDEEM HealthShare is not insurance. However, REDEEM HealthShare may be used to satisfy the federal mandate that became effective January 1, 2014, requiring “applicable individuals” to maintain “minimum essential [insurance] coverage” or to satisfy a certain state requirement to maintain “minimum creditable [insurance] coverage”.
These are the only exceptions. Otherwise, members must not certify that REDEEM HealthShare is insurance to avoid purchasing insurance required by law, rule, or regulation, such as worker’s compensation insurance.
A. Other Responsible Parties
If a member has insurance or is eligible/qualified for any insurance benefits or other health or welfare benefits, such as an employment-related health or welfare plan, worker’s compensation insurance, homeowner’s insurance, or fraternal benefits, the member is expected to take all reasonable steps to qualify for such payments and to exhaust benefits available under those resources before submitting a request for sharing.