In 2016 Unity HealthShare℠ joined with AnaBaptist HealthShare (Mennonite Medical Aid Plan), a healthcare sharing ministry recognized by the Centers for Medicare & Medicaid Services (CMS). As a result, members of Unity HealthShare℠ have the security of knowing that their membership is through a recognized healthcare sharing ministry. AnaBaptist HealthShare is the non-profit organization that facilitates the sharing of qualifying medical costs between members.
AnaBaptist received its recognition letter from CMS on July 14th, 2015. For a copy of the recognition letter, click the link below.
Personal Tax Exemption
Taxpayers must use the IRS Form 8965 to claim exemption as a member of a healthcare sharing ministry.
To calculate your ‘Shared Responsibility Payment’ on Form 8965 follow these basic steps:
Step 1: Leave Parts I and II blank.
Step 2: In Part III, enter the information for all members of your family on the Plan. For each month that you were a part of a healthcare sharing ministry as an exemption, enter the code ‘D’.
Step 3: On line 61 of Form 1040 enter the ‘Shared Responsibility Payment’ which was calculated from Form 8965.
In the event an accountant or tax preparer asks for the name of the recognized HCSM through which members share medical bills, the formal name of our healthcare sharing ministry is: ‘AnaBaptist HealthShare’. Unity HealthShare℠ is a ministry of that entity.
Have questions? The Unity HealthShare℠ team is here to help you! Contact us anytime. Info@Unityhealthshare.org or 800-UHS.9794
To view an example 8965 Form click the link below.