New Monthly Shares Starting Sept 1

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Posted by admin | Posted in Samaritan Perks | Posted on

Samaritan members recently had an opportunity to vote for a possible rate increase for our monthly shares (Samaritan Classic only). Members always get a voice when it comes to what we pay at the various levels. The board proposed a specific rate increase for each tier, and the creation of a new tier for larger families. The members overwhelmingly voted to increase the monthly shares, with an approval of 81.6% of the votes cast. It has been three years since the last rate increase, which is a very long time in the healthcare world as standard insurance companies have premium changes each month, often large ones.

The new shares for Samaritan Classic, effective September 1, 2019 are as follows:

1 person under age 30: $160 (no change)

1 person age 30 or older: $227 (up $7)

2 persons: $454 (up $14)

3-7 person families: $530 (up $35)

Families with 8 or more persons: $555 (up $60)*

*This new tier for 8 or more will not be ready by Sept 1, those families will temporarily increase to the $530 level until that new tier is created.

Also note: the rates for Samaritan Basic did not change.

 

As you can see, these increases are very very small in comparison to what insurance customers tend to see, as well as compared to how long it’s been since the previous increase. Samaritan members have done an outstanding job of keeping costs low for the membership through discounts and smart health care shopping. This is reflected in how small the increases really are and that it’s been 3 years with no share increases. However, the cost of healthcare continues to climb so these increases are necessary to maintain Samaritan’s ability to continue serving the needs of their members.

Note: In the previous 3 years, share rates were actually decreased 7 times when there were fewer needs than money available. No insurance company does that! 🙂

 

Medicare for All thoughts

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Posted by admin | Posted in ACA-Obamacare | Posted on

The Samaritan newsletter this month has some great articles I would encourage you to read. The issue of Medicare for All is very frightening to me. Samaritan addresses the problems with many of the myths associated with this idea, not the least of which is physician wait times. It’s already taking far too long to see a doctor is many parts of the country and that will only get worse under the Medicare for All scenario.

Electronic health records were supposed to be the saving grace for efficiency and make health care so much better. Instead it turned into a digital nightmare. Doctors spend more time working with poorly coded software than they do seeing patients, for some their patient time was cut by more than half. This contributes to longer and longer doctor wait times and will not be better if Medicare is the new norm.

Those who love the idea of a nationalized health system deliberately leave out just how much taxes will go up. The government paying for something doesn’t make it free. Where does that money come from? It comes from the people. From us. The only way to do that is with higher taxes. Medical staff don’t work for free. Covering the costs of putting everyone on medicare will be astronomically expensive.

To read more about this please review the blog post Samaritan wrote and reference the book by Sally Pipes, The Top Ten Myths of American Health Care.

Samaritan Ministries is 25 years old!

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Posted by admin | Posted in Samaritan Newsletters | Posted on

Twenty five years ago my favorite health care sharing ministry was founded. Samaritan Ministries has been an amazing blessing to my family. I am forever thankful to have been introduced to this ministry all those years ago and acting on that nudge from God to take that leap of faith and join it. Over the years we have watch Samaritan continue to grow by leaps and bounds and continue to add new and exciting resources for members to help us all keep costs low and make the process of getting health care for families easier, smoother, and more affordable. Samaritan added back everything that was missing from standard insurance offerings. Faith, hope, comfort, peace… the human connection.

If you are thinking of joining or at least learning more about health care sharing please get a free information guide and feel free to ask questions on this blog and contact Samaritan to speak with them.There’s no obligation but you may find that navigating the world of health care is much simpler under the Samaritan Ministries health care sharing umbrella.

Click here to download a free information packet about Samaritan Ministries