In recent years, healthcare costs in the U.S. have been on the rise, creating new challenges for families and individuals. Traditional health insurance premiums are continually increasing,  leaving many searching for more affordable options. This shift has fueled the rapid growth of health-sharing memberships as a viable, cost-effective alternative. But why exactly are medical bills climbing, and how can health-sharing help ease the financial strain?

The Rising Cost of Health Insurance

A recent study shows how healthcare expenses have steadily increased, with private health insurance plans projected to rise by 7% in 2025. Since 2022, premiums have grown by 15%, marking the fourth consecutive year of increases. The factors behind this trend include:

• Rising Medical Expenses: Healthcare providers face higher costs for everything from medical equipment to prescription drugs, which gets passed down to consumers through higher premiums.
• Market Consolidation: With fewer insurance companies competing in some regions, there’s less incentive to keep premiums low.
• Shifts in Policy: Changes in government subsidies, such as those from the American Rescue Plan, have some effect on future premium rates.
• Fraud: It’s an ugly word, but if we’re being honest about healthcare costs, we cannot avoid this one. Fraud accounts for $68 Billion in additional costs per year – and that’s a very conservative number.

Despite these shifts, there’s good news: people are finding new ways to manage their healthcare expenses without compromising quality. Health-sharing is leading the way.

What Is Health-sharing—and Why Is It More Affordable?

Health-sharing programs, like those offered by netWell™, are not traditional insurance plans. They’re built on the idea of community—where members contribute monthly “shares” to help cover each other’s medical expenses. This approach comes with several advantages that put the focus back on people, not profits:

1. Lower Monthly Costs: Health-sharing typically saves members 40–50% compared to the cost of traditional, unsubsidized insurance premiums.
2. Flexible and Member-Centric: Without the heavy regulations of insurance, health-sharing programs keep administrative costs low and provide flexible options tailored to your needs.
3. Community-Focused Care: Instead of profits going to shareholders, your contributions directly support the health and well-being of fellow members.
4. Less Fraud Incentive: Ideally, community based healthcare and health-sharing reduce some expenditure due to fraud as there’s less incentive to defraud yourself and your peers. While still a factor in overall healthcare costs, impact is improved and savings passed along to members through health-sharing.

netWell™: A New Approach to Healthcare

At netWell™, we believe in making healthcare simple, affordable, and personal. Our plansstart under $200 a month with basic catastrophic coverage that includes add-ons like imaging/lab work and hospitalization.

With netWell™, you’re not just a member—you’re part of a community that supports one another’s health and financial well-being. 

Are you ready to move beyond rising premiums and explore a healthcare option designed around you? Join netWell™ today and discover how health-sharing can offer financial freedom, peace of mind, and a fresh approach to managing your health.