Medi-Share Is Not a Substitute for Insurance Required By Law
Medi-Share is not insurance. However, Medi-Share can be used as a substitute for or exemption from mandated insurance coverage in the following circumstances:
- to satisfy the federal mandate that became effective January 1, 2014 requiring “applicable individuals” to maintain “minimum essential [insurance] coverage”
- to satisfy the Massachusetts requirement to maintain “minimum creditable [insurance] coverage”
These are the only exceptions. Otherwise, Members must not certify that Medi-Share is insurance to avoid purchasing insurance required by law, rule or regulation (for example, worker’s compensation insurance or sports activity insurance).