What is a HCSM?

Covenant HealthShare is a 501(c)(3) non-profit health care sharing ministry (HCSM) organization. The idea behind health care sharing ministries, sharing medical needs with those of similar beliefs, has been around for centuries, and in the last decade, HCSMs have significantly increased their presence.

Our ministry provides members with a God-honoring, cost effective health care alternative, that distributes the collective resources of the membership by sharing member medical costs. In other words, members of Covenant financially assist each other with eligible medical expenses through their monthly contributions.

The United States Congress formally recognized HCSMs in 2010, when the organizations gained a federal exemption from the individual mandate under the Affordable Care Act (ACA). With the rising costs of health care, having some form of coverage has become a necessity and our government realizes the American people need access to affordable, alternative health care options. On average, health care sharing ministry programs cost fifty-percent less than conventional health care plans. Since 2010, thirty states have enacted safe harbor laws to protect HCSMs. To view these laws, click here.

Members in a health care sharing ministry must sign a statement of faith, ensuring they hold the same Christian beliefs of the collective membership. Due to the faith driven and voluntary nature of Covenant HealthShare, our ministry is not insurance and is recognized in the insurance code as a ministry.