Oklahoma Court Says Christian Medi-Share Is Insurance Company

Friday's Tulsa World reported on a decision earlier this month by an Oklahoma state court that Medi-Share, a Christian organization that pools member money to pay medical bills, is offering contracts for insurance and is not exempt from regulation by Oklahoma's state Insurance Department. Medi-Share had claimed that since it does not guarantee that medical bills will be paid, it is not an insurance company. Oklahoma Insurance Commissioner Kim Holland says that now the state will "treat Medi-Share like an insurance company." Medi-Share is likely to appeal the court's decision. Four other states have made similar rulings, while Kentucky has decided that Medi-Share is not insurance.