Cost-sharing ministries grew significantly following exemptions provided by the ACA, and allow largely-religious member bases to pool funds to pay each others’ medical bills. While some members are satisfied with their participation in the ministries, they aren’t required to cover healthcare costs or follow ACA regulations.
On the show, Mr. Oliver primarily criticized the lack of contractual obligation to receiving financial support following care. The “contract written on your hearts” mentality, he said, is an empty promise considering how many ministries can deem claims ineligible arbitrarily.
He also founded his own cost-sharing ministry on the back of his parody church, Our Lady of Perpetual Health. Mr. Oliver described the founding as “scarily easy to do.”
The Florida-based ministry’s website allows residents to join for a small fee, but is blanketed with parody highlighting the lack of actual insurance among health-sharing ministries.
Mr. Oliver ended his messaging by taking a strong stance on the country’s approach to healthcare as a whole, claiming that the rise of cost-sharing ministries is largely due to a desire for more affordable healthcare.
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit