ID H0146

Exempts health care sharing ministries from being classified as insurance companies under Idaho Code, provided they meet specified criteria.

Requires health care sharing ministries to be faith-based nonprofit organizations that are tax exempt and either owned by a religious organization or continuously operating since December 31, 1999.

Mandates that organizations provide monthly written statements to participants listing qualified needs submitted and amounts assigned for contribution, conduct annual independent audits, and display a specific written disclaimer that participation is not insurance.

Prohibits health care sharing ministries from rejecting individuals based solely on health risk, discontinuing membership based on medical conditions, assuming risk, paying marketing commissions, discriminating unfairly, or conditioning assistance on specified health care providers.

Makes health care sharing ministries subject to Idaho Code sections 41-1301 through 41-1327 regarding trade practices and fraud, and declares compliant organizations are not engaged in unfair or deceptive trade practices.