Free Money for Ministry - Healthcare Refunds

Free Money for Ministry - Healthcare Refunds


Ross Williams

2/3/2016

Dear Treasurers and Finance Chairs (copy to Pastors),

You may or may not be aware that churches are entitled to refunds if they have incurred costs related to Healthcare for their employees. We did this at my church and received a refund of about $2,000 for just a single year. One church in our Conference recently received a refund of $15,356.    

The Affordable Care Act offers refunds of up to 25% of healthcare premiums paid by faith-based and not-for-profit entities on behalf of their clergy/employees.  Refund checks are issued by the U.S. Treasury directly to your church. While 2010 and 2011 refunds have expired, refunds for 2012 and 2013 still exist.  Half of these refunds expire on May 15th. 

GCFA (the denomination's Finance organization) has partnered with Cost Stewardship to obtain such refunds. Cost Stewardship will do the majority of the work based upon an on-line survey and other information that the church provides. There are no up-front costs and if no refund is obtained, the church pays nothing.  If a refund is obtained, the church retains a majority share.  Cost Stewardship offers a stronger retention percentage for larger refunds.  Click here for a flyer about the program that was mailed by GCFA to each church last December.           

If you are interested in pursuing this please go to:  www.coststewardship.org/gcfasp and complete the information requested.  

It takes less than 10 minutes to pre-qualify and obtain an estimated refund value.  You will be given the option to request a proposal for further assistance by Cost Stewardship.  They prepare all required claim documents and in 60-90 days your refunds are mailed to the church from the U.S. Treasury.

Sincerely,  
Ross