As we begin to help many families design plans to protect their families from unexpected medical bills, we often do not get to talk about medical bill sharing. Medical bill sharing communities are groups of people who pay monthly contributions towards the medical bills of the people in the community. This type of community is not insurance, but it does offer the opportunity to have help paying your medical bills and often at a much lower monthly cost for many families.
Typically, there are multiple levels of membership that determine how much of a medical need you will be responsible for before the community begins to share the bill, either completely or up to a percentage. The higher your monthly membership fee, the less you will likely be responsible for before the community begins to share your medical bills. Now each community is set up a little different and they often have different requirements for being a member of that specific community. These communities are a great opportunity for many families, and we can help most people see if this is a right fit for them pretty quickly.
Medical bill sharing is a great option but like everything else, is not a one size fits all solution. Please reach out to us or the professional you trust to get more information and guidance as to which option best fits your family and situation.
Joseph Doppe- Seek First Financial
725-400-9136