Solidarity Blog

The Center Square: Bill Would Make Health Care Sharing Ministries Tax Deductible

(The Center Square) – The president of a health sharing ministry says he supports a bill that would make health share systems tax deductible, additionally stating that health sharing brings transparency and accountability to healthcare.

President and co-founder of Solidarity HealthShare Chris Faddis told The Center Square that “it is time” for the Health Care Sharing Ministry Tax Parity Act in order to allow “healthcare sharing members to access tax deductions offered to everyone else.”

The Health Care Sharing Ministry Tax Parity Act “would allow individuals to deduct the cost [of] health sharing arrangements,” Faddis said.

Faddis said he and Solidarity HealthShare “commend” this bill introduced in February by Senator Ted Budd, a Republican from North Carolina.

Budd’s bill would “allow families to deduct the cost of a health sharing ministry membership from their annual tax bill,” according to a press release.

Budd’s office has not yet responded to The Center Square’s request for comment.

Read the rest of the article at The Center Square.