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Medical Cost Sharing Makes Sense: Part 1: The Economy

by John on 07/27/2015

Medical cost sharing isn’t for everyone yet.

It is difficult to understand. It requires an open mind to see how the US economy and the healthcare industry are changing drastically.

Sadly, the biggest revelation will come to many people when it is too late — when they get hit with a catastrophic medical bill – that could wipe them out financially.

A recent news story tells of a woman who was bitten by a snake. The hospital charged her $150,000 for the anti-venom medication. Can you afford that?

We recently produced a video story on a Florida man who would have been wiped out financially after his heart attack if it weren’t for Liberty HealthShare. His hospital bills were more than $300,000. But being a member of Liberty HealthShare that $300,000 cost was knocked down to $24,000 with the majority of the cost being taken care of by members of Liberty HealthShare sharing each other’s medical costs.

But to see this ahead of time, takes someone who is independent and knows how to jump on an opportunity when the see it.

Disclosure here: I am a member of Liberty HealthShare, a medical cost sharing company, a non-profit, that is allowable under the Affordable Care Act.

We are a community that comes together to share each other’s medical bills.

The concept seems new but it has been around since the 19th Century. This is what farm communities did in the US: they shared each other’s bills and helped one another to keep the community together.

Still, it is a difficult concept to jump into. In the next post, let’s discuss how difficult it is for many people to abandon the health insurance model.

For more information, you can call this number 888-616-9443 at any time.

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