Health insurance plans

Lorraine Alleyne on Why Traditional Health Insurance Plans Aren't Your Only Choice

For business coaches, CPAs, and self-employed professionals, few topics spark as much uncertainty—and often frustration—as choosing the right health insurance plans. Many assume traditional insurance is their only valid path, overlooking a growing market of innovative alternatives that could transform both their healthcare and their bottom line.

According to Lorraine Alleyne, a seasoned expert with a background in accounting, finance, and insurance at ACN Impact Health Sharing, this misconception quietly costs individuals and business owners tens of thousands each year. Lorraine’s voice—rooted in decades of navigating the financial complexities business owners face—challenges the core beliefs that dominate this vital decision. As she explains, it’s time to debunk long-held assumptions and shine a light on next-generation options that offer both medical freedom and real savings.

“The biggest misconception people have about traditional insurance plans is that they think those are the only options available. But there are many other alternatives that offer real benefits.” – Lorraine Alleyne, ACN Impact Health Sharing

How Impact Health Sharing Offers Medical Freedom and Significant Savings

Traditional health insurance plans often come with high premiums, rigid provider networks, and a maze of costs that seem to rise with every renewal. But a wave of community-based alternatives, like impact health sharing, is quietly rewriting the rules. Lorraine Alleyne, whose expertise spans accounting, insurance, and project management, notes that the roots of this shift lie in the ability to combine affordability with newfound medical freedom—empowering both patients and providers.

The heart of impact health sharing is simple: members contribute to a pool that directly shares medical expenses, often bringing costs down by a staggering 30-50%. This isn’t a discount for mediocre care. According to Lorraine, smarter plan design and transparent cost structures mean members can actually enjoy higher-quality healthcare, personalized to their unique needs, without feeling shackled by the traditional insurance bureaucracy. The model provides what Lorraine calls “medical freedom”—where people can choose their doctors, access a wider range of treatments, and wield more control over their own healthcare dollars.

For those interested in how healthcare access and affordability are evolving, it's also important to consider the broader challenges facing the industry. For example, the ongoing crisis of rural hospitals at risk of closure highlights why innovative health insurance solutions are becoming increasingly vital for communities nationwide.

“We provide impact health sharing where people can save anywhere from 30 to 50 percent and get better health care because we provide medical freedom for the patients and the medical community.” – Lorraine Alleyne, ACN Impact Health Sharing

Real Stories: From $40,000 Renewals to $700 Health Plans

Few stories capture the urgency of rethinking health insurance like the young couple Lorraine recently helped. As their annual insurance renewal approached, they were confronted with a jaw-dropping $40,000 quote from their traditional provider—a number that, for many, would spell financial distress or even giving up coverage altogether. Lorraine stepped in with her signature blend of financial acumen and deep industry knowledge, guiding them through the options that impact health sharing could unlock.

This isn’t just an edge case. Cases like this reveal how standard insurance options often saddle healthy individuals and business owners with outsize costs. The couple’s monthly premium dropped to about $700 for both—a savings that didn’t just preserve their coverage but turned a nightmare scenario into an empowering new beginning. As Lorraine recounts, the real transformation comes not just from a lower bill but from a deeper understanding: when given the facts, individuals can reclaim control over their healthcare future.

“A young couple faced a $40,000 renewal with a traditional insurer. We helped them find a health plan for about $700 a month for both. She was in disbelief but understood once she saw how the plan comes together.” – Lorraine Alleyne, ACN Impact Health Sharing

Key Takeaways for Business Coaches, CPAs, and Self-Employed Professionals on Health Insurance Plans

For business coaches, CPAs, and those steering their own financial destiny—from self-employed consultants to restaurant owners and church leaders—the implications couldn’t be clearer. Lorraine Alleyne’s insights cut through industry jargon, encouraging decision-makers to evaluate both the short- and long-term impact of their health insurance plans. These takeaways aren’t abstract theories, but actionable steps based on real-world experience and uniquely relevant to professionals guiding others in their organizations.

Medical expenses are often the largest unpredictable cost on a business or family’s balance sheet. By re-examining assumptions and leveraging alternatives like impact health sharing, forward-thinking professionals can realize dramatic savings, enable broader provider choice, and break free from the constraints of legacy coverage. Lorraine consistently emphasizes that while no alternative plan is the right fit for everyone, for the right candidate—a healthy business owner or self-employed professional—the benefits can be game-changing.

Who Benefits Most from Alternative Health Insurance Options?

According to Lorraine Alleyne, the benefits of alternative health insurance plans like impact health sharing are most profound for those who are healthy and don’t require constant or chronic medical care. This includes many business owners, freelancers, and self-employed professionals—people who value flexibility, predictability, and the ability to redirect savings into business growth or personal development. Lorraine’s perspective, informed by years as an accountant and insurance agent, is that a careful fit assessment is key: “Impact health sharing is not for everyone, but for those who don’t require constant medical attention, it can be a game changer.”

For business coaches and CPAs who advise diverse client bases, understanding these distinctions can empower clients to make decisions that lighten their financial loads and increase organizational resilience. Lorraine stresses that this approach, rooted in both her financial background and life experience, proves alternatives aren’t “bare bone” plans—they offer robust, community-powered solutions that align a family or company’s financial interests with their health priorities.

“If you're healthy, truly healthy, definitely explore your options. Impact health sharing is not for everyone, but for those who don't require constant medical attention, it can be a game changer financially and in flexibility.” – Lorraine Alleyne, ACN Impact Health Sharing

• Understand the limitations of traditional insurance plans.

• Explore impact health sharing programs for potential 30-50% savings.

• Recognize that medical freedom supports better healthcare choices.

• Evaluate your health status to determine if alternative plans fit your needs.

Common Misconceptions About Health Insurance Plans

Despite the proven advantages, several myths persist about health insurance plans. Lorraine Alleyne has found that even among highly educated professionals, beliefs about cost, value, and freedom of care continue to cloud judgment. She urges business owners and advisors to dive deeper, separating fact from fiction and recognizing that today’s market is reshaping what “coverage” genuinely means.

Lorraine observes that many equate lower-cost plans with lower quality, or assume that only traditional insurance meets regulatory and care standards. She continually works to demystify the landscape, educating her clients that medical freedom isn’t just a buzzword—it’s the right to choose providers and design care plans without excessive restrictions, something increasingly important for those who prize autonomy. Overcoming these misconceptions opens doors to both savings and improved wellness for clients and their teams.

1. Belief that traditional insurance is the only valid option.

2. Assuming cheaper plans mean lower quality care.

3. Misunderstanding of what medical freedom entails.

4. Overlooking cost-saving alternatives available today.

How Impact Health Sharing Aligns with Modern Business Owners and Seniors’ Needs

Modern business owners and seniors aren’t just looking for cost savings—they demand flexibility, transparency, and genuine partnership from their health insurance plans. Lorraine Alleyne, leveraging her deep financial background and commitment to client advocacy, highlights how impact health sharing aligns perfectly with these evolving needs. For older adults on fixed incomes and entrepreneurs navigating unpredictable cash flow, the fixed, reasonable contributions and community-based approach of health sharing offer stable footing.

This model also delivers what Lorraine calls “enhanced control” over medical expenses—members not only see where their money goes, but actively participate in decisions that shape collective risk and reward. Community cost-sharing isn’t just a financial benefit—it reinforces values of mutual support, transparency, and empowerment. For Lorraine’s clients, this means less stress during renewal season and more peace of mind as they pursue personal, professional, and retirement goals.

• Affordable monthly costs compared to traditional coverage.

• Flexibility in choosing medical providers.

• Enhanced control over healthcare expenses.

• Community-based cost-sharing to reduce individual financial burdens.

Final Thoughts: Evaluating Your Options for Health Insurance Plans

Making Informed Choices to Maximize Value and Coverage

Lorraine Alleyne’s expert guidance is clear: explore your options. The only way to maximize the value and security of your health insurance plans is by placing all the facts on the table—side by side. For business owners, CPAs, and self-employed professionals, this means requesting comprehensive plan details, running cost-benefit analyses, and aligning choices to both medical needs and lifestyle values. The days of defaulting to whichever traditional option is “next up” are over. True health and financial security come from intentional, informed decision-making, and Lorraine’s decades of industry insight make her an invaluable guide through this high-stakes process.

According to Lorraine, the real transformation comes when professionals move beyond the fear of change. Those willing to look past the status quo often find not just savings, but a sense of empowerment—control over their care, predictable budgeting, and a community of people working for their collective health.

“The key is to explore your options. Alternative plans like impact health sharing might be exactly what many business owners and individuals need to reduce costs and increase healthcare freedom.” – Lorraine Alleyne, ACN Impact Health Sharing

Next Steps to Find the Best Health Insurance Plan

• Assess your health and healthcare needs honestly.

• Request detailed plan information and cost breakdowns.

• Compare traditional plans with alternative options like impact health sharing.

• Consult a trusted expert to understand implications and benefits.

Take Action Today to Transform Your Health Insurance Experience

• Visit the Impact Health Sharing website for a free healthcare quote.

• Connect with experts like Lorraine Alleyne to discuss personalized options.

The evolving landscape of health insurance plans demands a proactive approach—especially for business professionals and seniors who want more than just coverage, but also freedom, control, and real savings. By partnering with guides like Lorraine Alleyne and challenging the myths about what’s possible, you can unlock peace of mind for yourself, your business, and your community. Don’t leave your wellbeing—and your finances—to chance. Take the next step, explore your alternatives, and take control of your healthcare future today.

As you continue to evaluate your health insurance options, it’s worth considering how broader healthcare trends may impact your choices in the future. The financial pressures facing rural hospitals, for instance, are reshaping access to care for millions and underscore the importance of flexible, community-driven solutions. If you’re interested in understanding how these systemic shifts could affect your coverage and your community, explore the in-depth analysis on the crisis facing rural hospitals and what it means for local healthcare. Gaining this perspective can help you make even more informed decisions—ensuring your health plan not only meets your needs today, but also adapts to tomorrow’s challenges.