What is a Health Care Sharing Ministry?
A 'Health Care Sharing Ministry' is also known as a 'Faith-Based HealthShare'. They are offered by non-profit ministries and are typically non-denominational. Health Care Sharing Ministries/Faith-Based HealthShares are not insurance. Most are recognized by CMS as a Health Care Sharing Ministry of which all active members are eligible for ACA exemption. Under the Affordable Care Act (ACA), Health Care Sharing Ministries (HCSMs) are regulated by each specific state's Attorney General.