09/07/2024
Most will agree that health insurance has gotten extremely unaffordable, and with the sometimes double-digit annual increases, it is also unsustainable. I am excited about the savings Impact Health Sharing is bringing to families and businesses. They have a solution that can reduce costs without sacrificing coverage.
Impact Health is a wonderful alternative that combines the savings of a healthshare with the convenience of traditional commercial insurance. This unique program was started by Phil Chrysler for the purpose of making healthcare affordable. It is a non-profit corporation that works exactly like traditional commercial insurance. You have one plan to choose from (everyone gets the best plan), a choice of 4 different Personal Responsibility Amounts, or PRA (aka deductible), lower co-pays, 90/10 co-share and a $5000 / year out-of-pocket max, and afterwards 100% of eligible coverage.
A Health and Wholeness credit program was added in July, which means you are able to reduce up to $100 / month from your PRA for taking vitamins / supplements, having a gym membership, and much more. In addition, a Discount Dental and Vision program will be added soon at no additional cost.
There are several factors that are going to drive Impact Health to be a disruptor of the health insurance industry. Businesses love the simplicity of this; there's one plan, prices don't increase automatically every year, and you don't have to spend time negotiating or sorting through multiple carriers / plan options. Doctors love it because Impact pays in 30 days or less and they don't dictate protocols for patient care. Members love it because they save money (30-70% on monthly premiums), there is no network, you can choose their own doctor (available in all 50 states and US territories) and don't need permission to see a specialist.
Welcome to the future of healthcare with Impact Health Sharing!
