One of the greatest expenses for a family or business today is health care. According to the Kaiser Family Foundation, the cost for a typical employer-provided group health plan for a family of four is $22,000 annually.
Such expenditures give pause to many churches when they consider affordable ways to offer health care coverage to ministers and staff.
While health insurance for districts and churches is not a P&B-provided benefit, we have friends in the broader faith community who provide this service on a national scale. One of these is GuideStone—the benefit board serving Southern Baptist and other denominational ministries. GuideStone has insurance solutions with plans for almost any size church.
We think having options is important. While we do not utilize GuideStone as a P&B vendor, we know them to be an effective, long-time, faith-based provider of health care coverage for ministers and staff.
Since open enrollment for health care insurance for 2022 is here, Pensions and Benefits USA recently asked our friends at GuideStone to share relevant information about their program as a possible option to meet the health care needs of Nazarene churches. It included the pros and cons of common strategies used by churches to provide coverage for their staff. For a limited time, interested persons may watch by visiting this link on our website. To learn more about health care programs available from GuideStone, visit the link. Includes both employee and employer spending.