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Medi-Share Update: One Year Later

Family Balance Sheet

After that first update we thought our daughter was in the clear and our medical drama was behind us. However, that all changed the end of November when my daughter called me from school that she had a reoccurrence. We had high deductible health plans from 2004 – 2016 and contributed many years to a health savings account.

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Our 2018 Financial Goals

Family Balance Sheet

2 – Save $10k in a savings account, specifically earmarked for medical expenses. We hit our Annual Household Portion (kind of like a deductible) of $10,000 with Medi-Share in 2017 when our daughter had an unexpected medical condition arise that required multiple tests, 3 surgeries, and medication.

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Why We Chose Medi-Share, an affordable solution to traditional health insurance

Family Balance Sheet

The new monthly payment would have left us ‘insurance poor’ On top of that bombshell discovery, we realized the insurance plans that were being offered to us were NOT compatible with a health savings account, a tax deductible savings vehicle offered to those with high deductible health plans.