Shared Responsibility limits your Out-of-Pocket costs:  The Shared Responsibility calculates your Co-Pay.  The Co-Pay Max limits your Co-Pay amount. This is what happens with an ACA or Group Plan Here is an example – The Medical Situation: Let’s say you break your arm and the Medical Provider’s charges are $10,000.  The same year, you have another medical event, and that cost is $3,000. Here is how a typical Healthcare Insurance plan works:  The Medical Provider sends the $10,000 bill to the insurance company.  The insurance company has the $10,000 bill reduced to $5,000.  You have a $2,000 deductible and a $6,000 Co-Insurance.  Your total annual Out-of-Pocket cost is $8,000. What You Pay:  You must pay the full $5,000 because you have not met the $8,000 Out-of-Pocket cost. Another Medical Event:  The two medical events total $8,000. You paid $8,000 and the insurance company paid $0.  This is in addition to the expensive yearly cost you paid for the insurance premium. This is what happens with a CHC Healthcare Plan This is an example showing how CHC with Shared Responsibility works:  Because you are a CHC Member you can receive a “Self-Pay No-Insurance”, discount from the Medical Provider.  The Medical Provider reduces your cost from $8,000 to $5,000. Your Shared Responsibility is 50% of the $5,000; $2,500.  Your Co-Pay Max is $1,000. What You Pay:  Your Out-of-Pocket cost is only $1,000. The lesser of the Shared Responsibility and your Co-Pay Max. Another Medical Event:  The same Shared Responsibility and Co-Pay Max calculation is made.  The Shared Responsibility is 50% of $3,000; $1,500.  Your Co-Pay Max limits your cost to $1,000.  Your Out-of-Pocket cost for the two medical events total $2,500. CHC saves you $5,500 compared to a traditional insurance plan where you would pay $8,000. Here’s the real problem with a Traditional Health Insurance Plan!  Most people don’t have $5,000 to pay the first cost, much less the $8,000 cost.  People struggle to pay the monthly premium only to be faced with an unaffordable $8,000 or more Out-of-Pocket cost.  There’s more, with a family, the Out-of-Pocket cost could be $14,000 or more. Most people don’t have the money to pay their insurance plan’s deductible and co-insurance cost. Most people are not aware of this insurance Financial Risk. Avoid this Financial Risk. Purchase a CHC Healthcare Plan ! This is the main reason many people resort to filing a medical bankruptcy.