How we saved $24,600 in healthcare costs in 2017 - and how you can too in 2018
If we had ‘insurance’ for our family of 4 under Care First (Affordable Health Care)
- Premiums: $1500 mo / $18,000
- Deductible: $13,500
- Total out of pocket: $31,500
Samaritan’s Ministry Health Sharing
$6,300 monthly gifts (code for premium) to fellow Christ-followers to pay their medical bills
Total out of pocket was only: $6,900
In 2017 I had one hospitalization.
The cost? $28,000
Negotiated self-pay rate: $7,800.
What? There are two rates?
IF we were on ‘insurance’ I would have been billed $28,000. Thus, paying the $13,500 deductible plus $18,000 in premiums.
Out of pocket? $31,500!
Frankly, the idea of depending on fellow Christ-followers who I don’t know - felt weird, kinda cheesy and a bit scary. Then I thought: I don’t know the insurance company at all. Let’s try this.
Making the switch helped us become informed consumer’s, even though we had to do a little more work.
Why am I telling you this?
Two reasons. Help you save money.
Samaritan offers us a $150 reduction if you sign up and mention Mark & Lori Fishers as your referral. ;-)
From our experience, it was amazing and affirming to get checks and notes of encouragement from ‘strangers’ after a difficult hospitalization to pay our whole bill! Rather than fighting with insurance to get paid or approved for a procedure.