Medi-Share and Dave Ramsey

Dave Ramsey Speaks On Medi-Share

4/20/2017

We here at Medi-Share Reviews have a tremendous amount of respect for Christian personal finance guru Dave Ramsey. His advice on home ownership, investing, budgeting, and taxes is well-informed and comes from an honest and knowledgeable Christian perspective.

Reader Luke H. has written in to point out that Mr. Ramsey has in fact discussed Christian healthcare sharing ministries, and Medi-Share specifically, on his site.

Dave Ramsey talking about Christian Insurance and Medi-Share

After praising Christian healthcare sharing ministries in general, calling most of them "very reliable," Mr. Ramsey singles out Medi-Share's "great reputation."

He then points out correctly that Christian health insurance alternatives are not insurance and don't face the same regulations as insurance companies. What this means is that you need one that has a long track record of serving its members, such as the 26 years that Medi-Share has been providing affordable healthcare sharing.

By the way, in case Mr. Ramsey's post isn't available when you click on it, here are his exact words:

There are several programs out there with long track records of always doing what they say ... I wouldn’t go with one that doesn’t have several decades under its belt. MediShare, as an example, has a great reputation.

The reason why Mr. Ramsey correctly advises his readers to be careful is because Christian healthcare sharing ministries are not insurance, a point that we talk about more in our post: "What is Christian Health Insurance?" As well as our main YouTube MediShare review, we also have our newer YouTube video specifically on Medi-Share Reviews and Dave Ramsey.

If you believe in Dave Ramsey's advice and are looking for an inexpensive health insurance alternative, please request your free info packet directly from Medi-Share, providing many more details and telling you exactly how much you would pay each month as a member.

What is your favorite Dave Ramsey wisdom?

11 Comments

Thom Bullock

9/21/2017 01:03:58 pm

Does MediShare also work as a supplemental insurance for Medicare?

Colin Keeler link

12/11/2017 11:23:27 am

Thom, sorry I missed this question when you first posted it. Medi-Share probably wouldn't be the best choice as supplemental insurance for Medicare since it is meant to be a stand-alone healthcare sharing alternative to traditional health insurance.If you have any further questions, please feel free to get in touch and I will be happy to help.

Car

3/28/2019 12:49:14 pm

Medi-Share has a program for seniors over 65 and have Medicare

Tyra

1/1/2018 03:53:54 pm

How does prescription drug coverage work? I take a thyroid medication daily--does the plan offer any sort of coverage for medication? Does it go toward the "deductible"?

Colin Keeler link

1/3/2018 02:29:17 pm

Good question Tyra. Your prescription drug bills are eligible for sharing for 6 months and do go toward the AHP (deductible), but do be aware that pre-existing conditions will usually not be covered.

Aaron

6/9/2019 05:34:38 pm

Could I combine MediShare participation with HDHP coverage and contribute to an HSA?

Colin Keeler

5/25/2020 02:03:42 pm

Sorry Aaron, I'm not sure of the answer to this question but if you call Medi-Share or use their online chat feature, I think you will get a quick reply!

Nancy

6/18/2020 02:36:31 pm

Why doesn’t Medishare cover pre existing conditions? I’m diabetic, and also have thyroid issues that will need to be monitored and treated the rest of my life. It doesn’t seem worth it to sign up if they’ll never be covered.

Also, I can’t understand why it won’t cover wellness exams such as for women. It seems to me if you have a wellness exam every year and catch some thing early, the cost would be a lot cheaper in the long run for Medishare.

Thank you.

Kristy Burciaga

7/28/2020 07:54:35 am

uhsm covers wellness. Medishare doesn't cover? I'm deciding between the two share plans.

Colin Keeler link

7/28/2020 10:48:07 am

Good question Nancy. Members vote on which expenses are eligible for sharing, and the healthcare sharing focuses on unexpected medical expenses.

bvalvening ghoolindindin

11/5/2020 03:49:06 pm

Complete scam. When anyone mentions any of these faith based health sharing ministries, put on your track suit / shoes and run away as fast as you can like you are in the olympics hoping for a gold medal.

Dave Ramsey Speaks On Medi-Share

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