I have been paying on-time (auto-pay) since April, 2020. Since day one, I've submitted zero expenses for sharing/reimbursement. That's nearly $10,000 in funds I've contributed to this sharing "ministry." I have new insurance kicking in on Feb 1 and logged into the portal to cancel my membership and can't find any way to cancel. Now I'm reading reviews that Liberty Healthshare is more than 2 years behind in paying their members' reimbursements! My guess is that Liberty was unable to cover their members' expenses and is using new money to pay overdue health shares. Has it become a Ponzi scheme?
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Liberty HealthShare offers health-conscious individuals and families an affordable way to share medical care expenses in a like-minded community. Liberty HealthShare is not insurance. We are a Christian membership-based, non-profit organization where we help facilitate the voluntary sharing between members to pay each other’s medical costs.