*Editor’s note: Please refer to the CHM Guidelines and applicable web pages for the most up-to-date information regarding CHM membership, sharing eligibility, and ministry news.*
CHM’s first-in-nation accreditation is evidence of the top-notch care and service CHM members receive, thanks to the faithfulness of their brothers and sisters in Christ.
CHM’s earned accreditation from Demotech, a firm that conducts independent, certified financial stability ratings in the fields of life, health, and fraternal insurance, property and casualty insurance, title insurance, and self-funded entities. Because CHM isn’t insurance, Demotech put its experience to work and fashioned an accreditation measurement tool for health cost sharing ministries. After rating Christian Healthcare Ministries in 30 areas of financial and operational accountability, Demotech awarded CHM 95/100 on the Faith-Based Sharing Review™.
Demotech’s Faith-Based Sharing Review™ evaluates health cost sharing ministries on:
- Core qualifications, as defined by the law
- Transparency of operations
- Ministry motivation
- Financial accountability
- Member/consumer protection
“The process was comprehensive,” said Joe Petrelli, Demotech president and co-founder. “CHM was subjected to our 30-point review and consideration criteria,” he said. “Everyone we met with was candid and open in both initial responses as well as follow-up questions. It was clear to us that ministry is at the epicenter at CHM.”
Demotech’s accreditation highlights for CHM members and prospective members the ministry’s dedication to its mission of serving God’s people by sharing Christians medical bills.
“We challenged ourselves to achieve accreditation,” said Craig Brown, CHM’s president and CEO. “This is an amazing testimony to the power of God in the life of our ministry and inspires and demands of us our best efforts. Accreditation—achieving it and maintaining it—is a continuous process. Just as importantly, while we’re confident in the quality of our ministry, we’re not just asking members and potential members to take our word for it: We have independent, third-party validation.”
“As members see the Demotech accreditation seal appearing on CHM’s website and print materials, they can take pride knowing that CHM is the best of the best,” Brown said.