Altrua HealthShare, including its predecessor, Blessed Assurance Bulletin, has been sharing the medical needs among members since 1996 and have saved or shared more than $100,000,000 to date. Altrua HealthShare is a DBA of Altrua Ministries, Inc., a 501(c)(3) organization.
Altrua HealthShare is not insurance and Altrua Ministries is not an insurance company. The membership is a health care sharing ministry that facilitates member-to-member sharing. All members’ monthly contributions are deposited into an Escrow Account from which all eligible medical needs are shared on a member-to-member basis.
We are recognized by the Centers for Medicaid and Medicare Services (CMS) as a HealthCare Sharing Ministry and all active Members are eligible for exemption from the federal tax penalty. See the Affordable Care Act on HealthCare.gov for more information.
Our membership is for anyone who believes in living a healthy lifestyle and can agree to our faith-based Statement of Standards.
Altrua HealthShare members do not have a monthly premium. Our members receive a Monthly Contribution Request. The amount varies based on the number of members in your family and the membership plan you choose.
Altrua HealthShare members do not have deductibles. Members have Member Responsibility Amounts (MRAs) that vary according to the specific membership plan chosen. The MRA is the dollar amount that a member must pay toward eligible medical needs before any bill may be shared among members. For example, if your MRA is $500, then the first $500 of all eligible medical needs for each qualifying incident will not be eligible for sharing; it is your responsibility.
Financial integrity and accountability of the Altrua HealthShare membership is very important. We operate according to biblical standards for maintaining the highest level of accountability through independent auditing procedures, which are overseen by the Board of Directors.
Members do not file claims, nor does Altrua HealthShare handle claims. A “claim” suggests there exists an entitlement to other’s money. Altrua HealthShare processes medical needs for sharing among the membership. Your medical provider may submit your medical need by using the instructions on the back of the member ID card. Once the medical need is received and determined eligible for sharing, the medical need is adjudicated, and the MRA or Healthcare Credit (HC) is applied. The membership will send your provider a check for the shareable amount. These funds are issued from the members’ monthly contributions held in the membership escrow account.
Members can explain to any medical provider that they are a member of Altrua HealthShare, a recognized Health Care Sharing Ministry. Show them the Altrua HealthShare member ID card and explain that the medical need should be sent either electronically or by mail as directed on the back of the member ID card.
Yes, a member can have traditional health insurance through work or another source. Members can utilize the membership to share in the portion of eligible medical needs that the health insurance plan does not cover. Altrua HealthShare will always be secondary in the sharing of eligible medical needs to any insurance or liable party.
Altrua Ministries (dba Altrua HealthShare) is NOT an insurance company nor is the Membership offered through an insurance company. Members are self-pay patients. Altrua Ministries is a 501(c)(3) nonprofit corporation.