Melita Christian Fellowship Hospital Aid Plan

A HEALTH CARE SHARING MINISTRY THAT PROVIDES AN ALTERNATIVE WAY TO FUND HEALTH CARE COSTS WHILE PROTECTING AND PRACTICING OUR CATHOLIC BELIEFS.

THE ORGANIZATIONS REVENUE DOES NOT INCLUDE THE $27,150,998.50 DEPOSITED IN MEMBERS INDIVIDUAL SHARING ACCOUNTS.THE ORGANIZATION PROVIDES SERVICES TO OUR MEMBERS TO ASSIST THEM IN ACCESSING MEDICAL CARE TO INCLUDE A HYBRID REPRICING STRATEGY THAT INCLUDES REFERENCE BASED DISCOUNTS ON MEDICAL BILLS, MEDICAL BILL REVIEW, SINGLE CASE AGREEMENTS, AND PREFERRED PROVIDER RELATIONSHIPS TO REDUCE THE TOTAL COST OF MEDICAL EXPENSES ON BEHALF OF OUR MEMBERS. MEMBERS SUBMITTED $92,221,825 IN ELIGIBLE MEDICAL BILLS FOR SHARING TO THE ORGANIZATION. THE ORGANIZATION'S DISCOUNTING EFFORTS REDUCED THE BILLS BY 59% TO $36,426,000. SEE SCHEDULE O.MEMBERS OF THE ORGANIZATION SUBMIT A MONTHLY CONTRIBUTION CONSISTING OF A MONTHLY SHARE AMOUNT, ADMINISTRATIVE FEE AND PROGRAM SERVICES FEE. PREVIOUSLY, THE MONTHLY SHARE AMOUNT WAS REPORTED ON THE 990 AS INCOME TO THE ORGANIZATION SINCE THE MONEY FOR SHARING WAS DEPOSITED INTO A CUSTODIAL ACCOUNT ON BEHALF OF THE MEMBERS. STARTING IN SEPTEMBER 2020, THE MONTHLY SHARE AMOUNT RECEIVED FROM MEMBERS WAS DEPOSITED INTO SEPARATE MEMBER ESTABLISHED ACCOUNTS AT HELD BY A THIRD-PARTY CREDIT UNION. THE ACCOUNTS ARE OWNED BY THE MEMBER AND THE CREDIT UNION ACTS AS A FIDUCIARY FOR THE MEMBER. SINCE THESE NEW ACCOUNTS ARE HELD AS A FOR BENEFIT OF (FBO) ACCOUNT ON BEHALF OF THE MEMBER BY THE CREDIT UNION AND THE SHARING DOLLARS CAN ONLY BE USED FOR SHARING MEDICAL EXPENSES AMONG ALL OF THE MEMBERS, IT WILL NO LONGER BE REPORTED AS INCOME TO THE ORGANIZATION BUT WILL STILL BE REPORTED ON THE 990 AND THE YEARLY AUDITS AS SUPPLEMENTAL INFORMATION.THE ORGANIZATIONS REVENUE DOES NOT INCLUDE THE $27,150,998.50 DEPOSITED IN MEMBERS INDIVIDUAL SHARING ACCOUNTS.THE ORGANIZATION PROVIDES SERVICES TO OUR MEMBERS TO ASSIST THEM IN ACCESSING MEDICAL CARE TO INCLUDE A HYBRID REPRICING STRATEGY THAT INCLUDES REFERENCE BASED DISCOUNTS ON MEDICAL BILLS, MEDICAL BILL REVIEW, SINGLE CASE AGREEMENTS, AND PREFERRED PROVIDER RELATIONSHIPS TO REDUCE THE TOTAL COST OF MEDICAL EXPENSES ON BEHALF OF OUR MEMBERS. WE ALSO PROVIDE SERVICES FOR CARE NAVIGATION, CARE COORDINATION, NURSE MEDICAL REVIEW, BALANCE BILL DEFENSE, PASTORAL CARE SUPPORT, AND MEMBER EDUCATION. MEMBERS SUBMITTED $92,221,825 IN ELIGIBLE MEDICAL BILLS FOR SHARING TO THE ORGANIZATION. THE ORGANIZATION'S DISCOUNTING EFFORTS REDUCED THE BILLS BY 59% TO $36,426,000. THE SHARING OF THE ELIGIBLE MEDICAL BILLS INCLUDES SHARED AMONG MEMBERS MONTHLY CONTRIBUTIONS DEPOSITED IN THEIR INDIVIDUAL MEMBER OWNED ACCOUNTS AND THE ANNUAL UNSHARED AMOUNT PAID DIRECTLY BY MEMBERS, AND WAS ACCEPTED AS FULL AND COMPLETE SATISFACTION OF THE MEMBERS' MEDICAL BILLS. IN 2020, THE ORGANIZATION SUCCESSFULLY IMPLEMENTED A NEW SUITE OF SOFTWARE TO BETTER MEET THE NEEDS OF ITS MEMBERS. THIS INCLUDED A NEW VIRTUAL SHARE EXCHANGE WHICH INCLUDES THE INDIVIDUAL FBO ACCOUNTS FOR MEMBERS, A MEMBER CARE PORTAL FOR MEMBER SELF-SERVICE AND SUPPORT, AND SOFTWARE SYSTEM FOR GENERAL OPERATION OF THE MINISTRY INCLUDING A MUCH IMPROVED MEDICAL NEEDS PROCESSING SYSTEM.