Sole Proprietor Plans

self employed business ownerSole proprietor 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 Self Employed Health Insurance Options

Option # 1: Association Health  Plans

Association plans are basically group health plans provided by an organization of like minded people who want access to large insurance networks.

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 networks such as Blue Cross, HIP, MagnaCare, Cigna and more.

There is a membership fee to join the association and they reserve the right to set their own underwriting guidelines. However, all health plans meet the requirements of Essential Health Benefits (EHB) required by the Affordable Care Act (ACA).

Call 914-633-1717 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.

Pros:
*  You will have several choices of health insurance coverage
* You can easily add new employees to your group plan as your company grows

Cons:
* You will have more paperwork
* You will have to file payroll tax and and quarterly wage reports

Option # 4: 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:  CareConnect, MVP and Oscar.

These private insurance plans and are 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: 800-514-3513

 

Sole Proprietor Health Plan Request

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