Rising health insurance costs are squeezing household budgets - especially for families and those not yet on Medicare. In this week's episode of Retire in Texas, Darryl Lyons, CEO and Co-Founder of PAX Financial Group, breaks down the differences between traditional health insurance and medical cost sharing programs and how each can impact cash flow between ages 62 and 65.
Show Highlights:
- The 2025 cost picture: premiums and out-of-pocket trends families are feeling.
- Traditional insurance vs. cost sharing: deductibles vs. IUAs, "premiums" vs. "shares," and how reimbursement works with cash pay.
- Networks and access: why many sharing programs don't use networks - and what that means at the doctor's office.
- Coverage nuances: preventive care, preexisting conditions, and when ACA plans may be a better fit.
- Faith-based vs. non-faith options: examples like Samaritan Ministries, Medi-Share, Christian Healthcare Ministries, and Sedera.
Whether you're still working, planning to retire before 65, or helping adult children evaluate coverage, this episode offers practical insights to compare traditional insurance with medical cost sharing and make a more informed decision for your situation.
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