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Why We Left Traditional Health Insurance

Family Balance Sheet

Health insurance is a touchy subject. Instead I’m writing about my family’s experience with traditional health insurance and how it has affected OUR finances. When I resigned from my corporate job, my boss asked me what my husband and I were going to do about health insurance.

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An Update on Medi-Share – September 2017

Family Balance Sheet

As open enrollment nears for many health insurance plans, I thought this would be a great time to give you an update on Medi-Share, the health sharing ministry that we are using in place of traditional health insurance. Health insurance has been a long winding road for us over the last few years.

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Our 2019 Financial Goal

Family Balance Sheet

It was an easy process and I know that we could have saved money by doing it online, but I trust that everything is properly complete. I won’t rehash our entire health insurance story here, because I have written extensively about it and INCLUDED OUR NUMBERS, so to start from the beginning, read: Why We Left Traditional Health Insurance.

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Get your FREE Family Balance Sheet Excel Spreadsheet

Family Balance Sheet

Family Balance Sheet , the website, turns 9 in October 2017, but Family Balance Sheet, the spreadsheet, turns 14. Back in October 2003, I left a corporate career as a department store buyer with a nice reliable paycheck and benefits– including health insurance –to join my husband in the land of self-employment.

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Medi-Share Update: One Year Later

Family Balance Sheet

Health insurance is a struggle for many people, and for us it became a big source of anxiety at the end of 2015 when our insurance company went out of business. We scrambled to research new plans, but after 11 years with the same company we were out of the loop regarding the insurance landscape at that time.

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How We Paid off Six Figures of Debt

Family Balance Sheet

As hard as it was to do, we stopped contributing to our retirement for about three years and applied that money to these loans. Health Sharing Ministry. We weren’t in the market to leave our traditional health insurance plan until the monthly premiums became more than our home mortgage back in November 2016.

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Our 2018 Financial Goals

Family Balance Sheet

I won’t rehash our health insurance story here, because I have written extensively about it and INCLUDED OUR NUMBERS. We blew through our health savings account, and now need to save another $10k so we’re not caught off guard if another emergency were to happen. Read our Health Insurance Story: .