Sole Proprietor Plans
Sole proprietor health plans are dead thanks to The Affordable Care Act (ACA). But, we do have some creative health plan options.
Finding self-employed health insurance nowadays is not an easy task. Not too long ago, if you were self employed or a sole proprietor, you could qualify for a very robust sole proprietor plan from any major insurance company.
But those days are long gone. However, if you are looking for a sole proprietor health plan,there are still a few options that are available.
New York Sole Proprietor Health Insurance Options
Option # 1: Employer Association Health Plans
Association plans are basically group health plans provided by an organization of like minded people who want access to quality health insurance coverage.
These plans are becoming extremely popular with sole proprietors because it allows you to purchase a health plan at a discount and have access to a plan only available to large corporations.
Association plans are available to sole proprietors, 1099 employees and independent contractors. You have access to 16 PPO, EPO and HMO health plans from providers such as Anthem Blue Cross, HIP/Emblem and Cigna.
These plans meet the requirements of Essential Health Benefits (EHB) as required by The Affordable Care Act (ACA).
An annual membership fee is required to join the employer associations and they reserve the right to set their own underwriting guidelines – which means you could be denied coverage if you are being treated for a serious health conditions. For example: cancer, heart disease or diabetes.
Association Health Plan Highlights:
- Brand Name Insurance Companies
- National Health insurance Networks
- In and Out of Network Coverage
- Annual Rate Lock
- Cancel Anytime
- Plans are Designed for The Sole Proprietor
Call 914-633-1717 or complete the green request form for your free enrollment kit.
Option #2: Qualify for Small Group Health Insurance – Hire a Friend or Family Member – But not your wife!
You can hire a family member (son, daughter, nephew or etc.) or a friend and pay them part-time minimum wage (must be 20 hours) to help you qualify for group health insurance plans. You can go here to view pricing for group health plans.
* You will have several choices of health insurance coverage
* You can easily add new employees to your group plan as your company grows
* You will have more paperwork
* You will have to file payroll tax and and quarterly wage reports
Option # 3: Buy an Individual Insurance Policy
You can purchase a Individual Health Plan for yourself and or your family. We represent private insurance plans from the top insurance carriers: Cigna, Empire Blue Cross, HIP/Emblem, Oscar and MVP (upstate only).
These are private insurance plans and not Obamacare plans which many of the doctors and specialists are not accepting in the tri-state area.
For more information about any of these options or if you have any questions, feel free to contact our friendly staff at: 800-234-3702