Employers can sponsor REDEEM™ HealthShare Ministry membership for their employees, providing a faith-based healthcare sharing option as part of their benefits package.
Health sharing is different than traditional insurance and understanding the major differences is important:
- Employer contributions to health sharing organizations do not qualify for tax deductions. Employers should consult with a tax advisor to understand the specific tax implications and ensure compliance with all applicable regulations.
- REDEEM offers flexibility and can often be more cost-effective than traditional health insurance. This allows employers to provide a valuable benefit while potentially reducing overall healthcare costs.