Why Get Accredited?
The Healthcare Sharing Accreditation Board was created to verify that healthcare sharing ministries meet high standards of quality and ethical business practices.
When a healthcare sharing ministry is accredited by the Healthcare Sharing Accreditation Board, it has undergone a rigorous review process and has demonstrated a commitment to excellence. This provides peace of mind to healthcare sharing ministry members and providers alike.
This accreditation program is intended to review the operations of sharing ministries and evaluate them against a set of standards developed by the Board. Those standards include, but are not limited to, reviews in the following areas:
- Legal structure and governance
- Organizational management and compensation
- Conflicts of interest and related party transactions
- External communications and marketing
- Enrollment processes
- Written acknowledgements from members
- Published sharing guidelines
- Financial Condition
- Financial sharing processes, including processing time, dispute resolution and appeals,
- Total amounts shared and not shared among members.
- Expense ratio
- Membership contribution guidelines and management processes
- Audited financial statements and IRS Form 990
Applicants who are accredited will be permitted to publicize that finding for a period of one year before a re-submission is required. Applications are open to anyone operating as a healthcare sharing ministry.
Accreditation Standards
The Health Care Sharing Accreditation Board (HCSAB) is responsible for conducting a thorough review of each applicant organization, ensuring their adherence to the prescribed standards for health care sharing ministries.
***Applicants are encouraged to carefully read and understand the following standards.
Accreditation Summary Report Sample
