GOLD PROGRAM $150 PER UNIT PER MONTH
The gold program is the highest exchange level available to members and accounts for 61% of memberships. Under this plan, CHM shares 100% of the medical bills for each eligible incident after a personal responsibility of $500 has been met.
Side note that $500 out of pocket may come from discounts you (or CHM) negotiated. Hospitals and medical providers will often offer discounts to patients who receive cash (which is how you are coded as a CHM member).
BROTHER’S KEEPER FOR CATASTROPHIC ILLNESS
As a member of the gold plan, you are eligible to share up to $125,000. A supplemental program called Brother’s Keeper allows you to pay an additional monthly fee to receive unlimited financial assistance. The cost of Brother’s Keeper varies based on the number of members sharing in a quarter, but it’s affordable.
SILVER PROGRAM- $85 PER UNIT PER MONTH
The silver program represents only 15% of memberships. The Silver level requires a personal liability amount of $1,000 per eligible incident. Most people think that if they want to upgrade from the bronze plan, they want more comprehensive coverage than the gold one.
Silver plan members are also eligible to share up to $125,000. Of course, Brother’s Keeper is also available with the Silver program.
BRONZE PROGRAM- $45 PER UNIT PER MONTH
Under the Bronze program, your responsibility amount is $5,000 (or $5,000 in medical provider discounts) before you are eligible to share. 24% of CHM members sign up at the bronze level for sharing.
This is the plan my family signed up for, simply as a way to save hundreds each month while we pay off our debt. My family has three units, and we pay $135 per month. We are (in general) a very healthy family (or so we thought).
After the surgery, my son broke his wrist playing football, and the bills came to a whopping $40,000. We were only responsible for $1,299 of all accounts.
The silver and bronze plans are mainly for hospitalization coverage and significant incidents, such as surgeries, accidents, etc.
CHM has gone ten years without any increase in member costs.
One of the best features of Christian Healthcare Ministries is that you can mix and match different programs based on your family’s unique healthcare needs.
For example, if your children are actively involved in sports, such as soccer and hockey, you can enroll the children’s unit in the Gold program and keep you and your spouse in Bronze or Silver. You may want to consider the cost of broken bones. I wish I had thought of this, although we have done quite well. As we advance, our kids will be on the Gold plan (if my linebacker decides to break another bone).
Other similar shared health programs are Medi-Share and Liberty HealthShare. Please take a look at our comparison of these two companies here.
CHRISTIAN HEALTHCARE MINISTRIES PRESCRIPTION COVERAGE
Does CHM cover prescriptions? The answer is that it depends on the program you choose. The Gold Program level offers prescription drug coverage for incident-related expenses after your $500 personal liability has been satisfied.
What does this mean for regular maintenance medications, like blood pressure medications? They are not eligible to share.
So how can you save on prescriptions since most medications aren’t covered?
The GoodRX card is a prescription drug discount card that my family uses to save hundreds on prescriptions yearly. It’s free for anyone (even if you have health insurance).
My mother-in-law called me a few months ago, upset that one of her maintenance meds was over $200 with Blue Cross Blue Shield for a three-month supply.
For fun, I ran the recipe through the free GoodRX app, and it was available for just $30 for a three-month supply, saving you $170!
The benefits of participating in CHM are many:
- Affordable: Monthly rate for a family is limited to $ 450. No momentum has increased since 2008.
- Biblical: Based on the New Testament Church (Galatians 6: 2, Acts 2 & 4)
- Credible: Better Business Bureau Accredited Charity
- Reliable: Shared more than $ 3.5 billion in members’ medical bills
- Also a qualified option under the national health law
- Faithful: Has served Christians since 1981
- Groups: Can save groups up to 50%
Other benefits of joining Christian Health Insurance:
- Generous maternity program
- You also have the privilege of choosing your healthcare providers
- No annual fee or application fee
- Furthermore, no one is dropped or denied participation due to medical conditions
- Costs are not adjusted based on medical conditions or history
- Discounts on medical bills often eliminate expenses at your own expense
- Programs for catastrophic medical bills and pre-existing conditions.
