If youve ever heard ofMedi-Share, you might be intrigued by its promises to cover your health care costs.

We looked into the details to find out how Medi-Share works and whether its a good option.

Heres our review of the program.

A doctor and child patient touch each other’s noses.

What Is Medi-Share?

The details work much like typical health insurance.

A monthly share payment works like a premium, ensuring your eligibility for assistance, should you need it.

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Probably not as good as youd like.

It always seems like an uphill battle to build (and keep) a decent amount in savings.

But what if your car breaks down, or you have a sudden medical bill?

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How Much Does Medi-Share Cost?

Youll pay another one-time fee of $2 to set up your sharing account.

Did you know?

Share amounts change annually, based on the oldest member of the household.

For most, a $12,000 deductible (Annual Household Portion) will be too high.

How Does Medi-Share Work?

As a Medi-Share member, you will contribute a monthly share that operates like a premium.

Present your member ID card to your provider at time of treatment.

After your family has met your AHP, you could submit eligible medical bills for sharing.

Do you oughta Be Religious to Use Medi-Share?

What Does Medi-Share Cover?

Eligible medical expenses (subject to Christian Care Ministrys discretion) apply toward your AHP.

Plans include an annual physical.

Telemedicine visits do not cost anything.

Maternity and even adoption expenses are eligible for cost-sharing.

Testing and treatment for coronavirus are eligible for the program as well.

Behavioral and mental health care are ineligible for coverage.

But heres the big catch:Routine health screenings arent eligible for cost-sharing either.

If you have symptoms warranting the same test, the program might grant payment.

Dental and vision care arent eligible either, but Medi-Share does advertise dental and vision discounts.

What if You Have an Ongoing Health Condition?

The primary purpose of Medi-Share is to help share members burdens,the program explains.

Burdens are those unexpected medical bills you are unable to plan for (ie.

broken bones, cancer, etc).

Low monthly share amounts enable you to budget for your familys routine care, which can be planned.

So, Is Medi-Share Legit?

But its likely not the most affordable health care option for most people.

One risk: Medi-Share and other cost-sharing programs arentsubject to regulationlike typical ACA programs.

(Can you sense my millennial sarcasm there?)

You know which ones were talking about: rent, utilities, cell phone bill, insurance, groceries…