Medical Cost SharingAn Insurance Alternative That's Saving Employers Thousands on Benefits
What is Medical Cost Sharing?
Instead of paying monthly premiums to an insurance company, members share a given amount on a monthly basis and draw from community funds as medical Needs arise. Monthly shares are generally lower than typical insurance premiums. Through Sedera’s medical cost sharing model, members save between 30 – 50% of the costs that are typically incurred with health insurance plans.
Why it works
Freedom from network limitations – See any doctor or hospital you choose
Sharing begins as low as $500 per Need
Big savings over health insurance – Typically 30-50% less expensive
Needs are shared with the community
1 million members / 1$ billion in sharing industry wide
Promotes healthy lifestyles
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Average businesses save 30-50% on their benefits costs
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Medical Cost Sharing
Members take part in a medical cost sharing model that is high quality, affordable, accessible and above all, effective. This alternative to health insurance offers lower monthly costs, reduced cost of care and compliance and credibility.
Personal Member Advisor
Advisors work with Sedera members everyday. From finding the best doctor for their children to getting the best price on medications, their job is to ensure each member has a wonderful experience and gets the best results possible from Sedera Health.
Members are provided unlimited use of 24/7/365 board-certified and state licensed physicians conveniently available via phone or online. These doctors are able to assess the member's situation and when appropriate, prescribe medications.
Expert Second Opinion
Members have peace of mind knowing they are getting the very best advice with an expert second opinion. They can speak with the best doctors in the world via phone or video consultation. All the best services without the travel, paperwork and costs.
You're definitely friendlier on the phone [than insurance]. I want to call you just to talk to you. And you gave me all the information I needed in 5 minutes. To get through to someone in health insurance takes forever. You addressed all my issues and I have 2 hours back in my day. I would put that in your marketing material.
This experience with you and Sedera, concerning my need requests, has been the polar opposite [in a very good way] of the “normal” insurance process and is such a welcomed relief.
After years of dealing with insurance companies, we finally have someone on our side who is looking out for our best interests.David & Sharon Robinson
What We're About
We help individuals, families, and businesses take a new approach to healthcare. Our model is built on a 30-year legacy of the medical cost sharing industry and borrows from the best innovations of the modern sharing economy. What Uber did for transportation and Airbnb did for hospitality, we are doing for healthcare.
We invite our members to be active and engaged participants in their healthcare. We ask them to commit to pursuing a healthy lifestyle. Together, we are building a new kind of community, one centered on healthy living and sharing the cost of medical care. In doing so, we are able to provide a high-end healthcare experience, delivering tremendous value for members and their families.
How It Works
Members contribute a fixed amount per month to participate in the sharing community. When an individual has a medical need, the Sedera community steps in to ensure the need is met.
A “Need” is one or more medical expenses caused by an accident or illness. Members first meet an initial unshareable amount - from $500 to $5000 - according to their membership type. After an individual's third medical need (fifth need when a family is participating), costs are fully shared among the community.
Why It's Better
The medical cost sharing industry is growing quickly, with one million members nationwide accessing one billion dollars in sharing.
Our members reduce medical costs through smart choices about diet, exercise and lifestyle. Through honoring these requirements and through proven provider negotiation, our cost sharing model provides members with high-end services while lowering monthly expenses and out-of-pocket costs. Members have the freedom to choose their own doctor, visit well-regarded medical providers and typically still see that the total cost of healthcare is 30-50% less.