Report Predicts That Half of Middle-Income Seniors Won’t Be Able to Afford Health Care, Housing in the Next 10 Years

***News Release***

 

Report Predicts That Half of Middle-Income Seniors Won’t Be Able to Afford Health Care, Housing in the Next 10 Years

Samaritan Ministries Offers Health Care Sharing as an Affordable, Biblical and Transparent Model for Families in All Stages of Life

PEORIA, Ill.—A recent study cited by Healthcare Dive found that, by 2029, as the population of middle-income seniors grows to 14.4 million, “54% of U.S. middle-income seniors will not have sufficient financial resources to pay for the level of care they need, including healthcare and housing.”

Members of Samaritan Ministries International (samaritanministries.org), one of the leading health care sharing ministries in America, say health care sharing offers an affordable, Biblical and transparent option for Americans of many stages of life and income levels, including seniors.

Samaritan’s 82,000 member families (nearly 270,000 individuals) share $29 million in medical needs among a growing Biblical community. Each month, Samaritan members send financial shares directly to other members, along with notes and cards of encouragement, through this effective, God-honoring ministry. In fact, over a 10-year period from 2007 through 2017, Samaritan Ministries members shared $1.2 billion in health care needs. Yet Samaritan’s monthly share has never exceeded $495 for a family of any size and is even less for two-person and single-person households.

“Even as Americans age, they don’t have to be relegated to government health care with its many pitfalls,” said Anthony Hopp, vice president of external relations for Samaritan Ministries. “Health care sharing through Samaritan Ministries is a wonderful model for those who want to honor God through their health care and share burdens with their brothers and sisters in Christ. Especially as the cost of health care climbs higher and higher, Samaritan members at any age have the freedom to truly own their health care and find the best treatment options at the best prices, all while being a part of a Biblical community that encourages and prays for each other through both trials and triumphs.”

Terry and Lesly, who are retired in Montana, said being a part of Samaritan Ministries brings joy.

“Thank you for making health care a non-stressful—actually joyful—part of our retirement season of life,” they said. “Though we have not submitted a need—what a blessing!—we feel informed by your monthly newsletters and look forward to sending our share/note of encouragement to other members.”

Tina of Missouri said insurance costs skyrocketed after her husband retired.

“When our only option after my husband retired was (insurance), our monthly bill was over $1,400 with deductible of $6,000 each,” she said. “We are not on any medications, so we would be broke paying for something we hardly ever use. Samaritan Ministries is the only way to go.”

Minda from Florida is a retired nurse, her husband is a retired doctor, and they “highly recommend” Samaritan Ministries.

“Samaritan Ministries has been a blessing on so many fronts—you become a member of a loving Christian community/family that will take care of you, your monthly (shares) are a FRACTION of the big insurance premiums and you send directly to a family in need.”

Rusty from Arizona said he and his wife own a home medical supply company and found that Medicare was “covering less and less.”

“While we’ve only had to apply for one ‘need’ through Samaritan Ministries, my surgery was (shared) 100%, not to mention my shares are going to other families in need and not a huge insurance company,” Rusty said. “When you start receiving get-well cards and notes from people you have never met, the entire process has a whole new meaning. Love it.”

Dorothy from Utah said she is “so thankful to be a member of Samaritan Ministries.”

“I am old enough to be on Medicare, but rather than have the government involved in my health care, which I did not want, I chose to stay with Samaritan Ministries, where I could help others with their medical needs through giving and praying,” Dorothy said. “And now that I have had a few large needs, I have experienced and been blessed by the giving of others to my need, by their notes and prayers.”

Learn more about Samaritan Ministries International here; visit the Samaritan website at www.samaritanministries.org, or follow the ministry on Facebook, Instagram or Twitter.

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