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Radical Personal Finance

603-Friday Q&A: Healthcare Sharing Ministries and Their Maximum Limits, Health Savings Accounts, and What To Do With An Inheritance When You're in Debt

Radical Personal Finance

Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP

Self-improvement, Business, Education, Investing

4.21.9K Ratings

🗓️ 16 November 2018

⏱️ 46 minutes

🧾️ Download transcript

Summary

It's Friday! That means live Q&A:

  • Healthcare Sharing Ministries and Their Maximum Limits
  • Health Savings Accounts and HCSMs
  • What To Do With An Inheritance When You're in Debt

Enjoy!

Joshua

 

Transcript

Click on a timestamp to play from that location

0:00.0

It's Friday and today that means live Q&A. Finally, live Q&A. Welcome to Radical Personal Finance, a show dedicated to providing you with the knowledge,

0:24.8

skills, insight and encouragement you need to live a rich and meaningful life now, while

0:29.2

building a plan for financial freedom in 10 years or less.

0:32.2

My name is Joshua and today is Friday

0:33.7

and we have the open phone lines.

0:35.2

I finally was able to find a working internet connection.

0:38.0

You would not believe how tough it has been

0:40.8

to actually find and use an internet connection. But today I've got it done.

0:46.0

One of my personal pet peeves is people who complain and always make excuses for things and so I try not to always make excuses for things and that's kind of how it feels when I do these Friday

1:03.5

Q&A shows is I feel like I'm always making an excuse for the fact that it's been a long time

1:08.0

since I've gotten one done. It's just been surprising. I can find pretty reliably good solid internet to be able to

1:16.7

to be able to upload my shows because that doesn't have doesn't require a

1:20.0

simultaneous open communication thread between me and the collars.

1:24.5

But to actually record and get good audio quality for live Q&A has been challenging.

1:29.0

But I've got new strategies, keep solving my problems, so let's see if these new strategies can pay off over the next few weeks but

1:33.7

today we begin with Kevin and Colorado Kevin welcome to the show how can I serve you today sir

1:39.6

yeah thank you Joshua appreciate you taking my call. So I have two questions about having to do with health share ministry instead of insurance.

1:51.0

First one is is a health share account compatible or excuse

1:58.6

it's like an HSA account compatible with the health share the insurance program, well not insurance

2:08.0

programming.

2:09.0

Is that such a funny and kind of a frustrating thing to constantly emphasize this is not health insurance but you know but it is functioning like health insurance

2:20.3

short answer my understanding is no. Legally, technically, my understanding is no, probably not. Now, I think if I'm up to date enough on this, Number one, this is something that the leaders of the health sharing

...

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