To maximize resources between ministries, in 2016 Unity HealthShare℠, a non-profit healthcare sharing ministry recognized by the Centers for Medicare & Medicaid Services (CMS), was formed by AnaBaptist HealthShare (Mennonite Medical Aid Plan). AnaBaptist received its recognition letter from CMS on July 14th, 2015. As a result, Unity HealthShare℠ members have the security of belonging to a recognized healthcare sharing ministry.
A healthcare sharing ministry is an organization in the United States that facilitates sharing of qualifying healthcare costs between individual members who have common ethical or religious beliefs. A healthcare sharing ministry does not use actuaries, does not accept risk or make guarantees, and does not purchase reinsurance polices on behalf of its members. Members of healthcare sharing ministries are exempt from the individual responsibility requirements of the Patient Protection and Affordable Care Act, often referred to as Obamacare. This means members of healthcare sharing ministries are not required to have insurance as outlined in the individual mandate.
The Mennonite Sharing Ministries has been sharing costs for more than 50 years and has provided security among like-minded persons who want to take charge of the own healthcare.