Are You Covered? Health Insurance For Small Businesses

If you are a sole proprietor or small business ownerbenefits for health insurance must be provided in the
and require health insurance for you or yourcoverage, including mammograms and diabetes care.
employees, there are many options available that willGroup Health Insurance
provide coverage for a reasonable premium. You will,For small employers (2-50 employees) group health
however, be required to carry out a good amount ofinsurance plans are a good idea if you want to
research before finding an insurance company thatprovide adequate coverage for yourself and your
will suit your needs, as there are a lot of choices outsmall group of employees. According to guaranteed
there. In addition, you have to ensure that theissue, insurance companies must sell small employers
company you choose for your health insurancesmall group insurance under most circumstances. If
coverage provides the kind of plan that will be mostyou and your group fall within the participation
beneficial in times of greatest need.requirements you cannot be turned down. An
Individual Health Insuranceemployee is considered insurable if he/she works for
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"full service" Search Engine Marketing help at veryUsually a group health insurance plan requires that a
affordable rates.certain percentage of your employees participate in
Individual health insurance is coverage intended forthe plan and you might have to contribute a minimum
one person. If you are self-employed or run yourpercentage of their premiums. Luckily, guaranteed
own business, you don??t have access to a grouprenewability makes it so that you cannot have your
health insurance plan through an employer, and mustcoverage cancelled if one of your workers becomes
purchase your own coverage from one of the manyill. This is definitely a plus so you always have access
health insurance providers located in your state.to continuous group coverage and are never left by
There are some pitfalls to obtaining your healththe wayside without the proper insurance.
insurance from the private sector. For instance,HMOs and Blue Cross Blue Shield, again, are prohibited
limitations exist that might make it difficult to deriveby law from charging more due to the health status
guaranteed benefits from a private insurance policyof one or more employees. At the same time,
as an individual. Private companies have a right to askprivate companies are allowed to charge higher rates
you for information regarding your current and pastif they deem it necessary.
health, and are also allowed to reject you forIn addition, someone who is self-employed with no
insurance purposes based on your health status, orother workers may be able to purchase small group
impose limitations on your coverage.health plan coverage from Blue Cross Blue Shield.
Blue Cross Blue Shield, on the other hand, is requiredSpecifically, sole proprietors are given the option of
by law to sell individual health insurance to anybuying ??group-of-one?? policies from this
resident regardless of health status. This is referredorganization. Other insurers also offer this type of
to as guaranteed issue. They must also refrain fromcoverage but are not required to offer it. You are a
charging you more due to any current or preexistingsole proprietor if you: are a resident of your state,
conditions ?C this is called community rating. HMOswork at least 30 hours a week and gain at least
are also required to sell health insurance to any50% of your taxable income from your business.
individual during the 30-day open enrolment periodIn addition, self-employed individuals can have 100%
that occurs each year.of their health insurance premiums deducted from
Individual health insurance policies can vary dependingtheir federal income tax. If you are a member of a
on the company. There are no laws that forceprofessional or trade association you might be able to
private companies to offer the same health insurancereceive group coverage under the organization??s
products so coverage plans from different providersinsurance umbrella.
can offer quite different coverage. But certain