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LINK A Christian "health insurance" ministry left families with millions in unpaid bills

(The con men knew if they put a "Christian" label on it, peopel woudl be dumb enough to trust them.)

How many families have been screwed over by Christian “health insurance” companies that only the most devout believers can buy into?

Christianity Today offers an answer for one of those financial scams: 10,000+ families with unpaid bills totaling over $50 million. And that’s just for one company, Sharity Ministries (formerly Trinity HealthShare), which filed for bankruptcy last year.

Some background is useful here to understand how these companies work. Groups like Samaritan Ministries and Liberty HealthShare ask everyone in the system to pay a specific amount into the insurance pool every month… but the companies don’t collect all the cash or send it to health care providers. For a fee, the company simply tells individuals where to send their money (e.g. Bob from Nebraska) and how much to send. If you need something covered yourself, you make a request and the company will send your name to others in the pool.

snytiger6 9 Apr 20
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