Insurance premiums rise with each open enrollment, adding to the stress that people and families experience. Those ineligible for a tax credit could feel trapped between paying high monthly costs or forgoing insurance entirely (while paying the substantial tax penalty). There is another option, known as health care sharing, which is unknown to many people. Medical health share plans, often known as health care sharing plans, have the potential to significantly reduce the cost of healthcare for you and your family. Let’s examine the basics of these plans’ operation in the infographic below!

Medical health share plans Infographic