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Key features of REDEEM™ HealthShare Ministry

Key Features of REDEEM™ HealthShare Ministry

1. Faith-Based Community: 
Members share a common faith and agree to live by Biblical principles, supporting each other in times of medical need.

2. Membership Requirements: 
To join, members must be professing Christians, regularly attend a Biblical, Christian church, and adhere to specific lifestyle requirements.

3. Healthcare Sharing: 
Members contribute a set amount each month to a shared pool of funds. When a member incurs eligible medical expenses, those costs are shared among the community according to the guidelines.

4. Voluntary Contributions: 
The sharing of medical expenses is voluntary and relies on the goodwill and support of other members, rather than legal obligation.

5. Annual Unshared Amount (AUA): 
Members are responsible for a certain amount of their medical expenses each year before sharing begins. This amount varies based on the membership plan chosen.

6. Virtual Share Exchange (VSE): 
This platform manages the sharing process, allowing members to see their contributions and how their funds are used to help others.

7. Eligibility and Limits: 
The program covers a wide range of medical expenses, but there are specific guidelines and limits, including caps on annual and lifetime sharing amounts, and exclusions for certain pre-existing conditions and treatments.

8. Not Insurance: 
It is important to note that REDEEM HealthShare is not health insurance. There is no transfer of risk, and payments are not guaranteed.