Can’t Qualify for Insurance - You May Have Options Yet
August 8th, 2008Couples who own a small business may qualify for a group plan. California (and many other states) require groups of 2 or more to be issued coverage on a guaranteed basis. In fact, if one of you is on a government plan such as Medicare, the remaining person can still be insured without regard to medical history.
Advantages
- Issued regardless of health status (with no pre-existing conditions waiting period on HMO plans).
- Maximum of 10% surcharge for health conditions (individual plans ofter surcharge 50% or more).
- Maternity is included as a standard plan benefit
- Benefits may be available that are not available under individual coverage (ie. infertility treatments)
- One year rate guarantee
Generally speaking, if you are healthy then an individual/family plan will probably be less expensive than a group. But if you cannot qualify for an idividual plan, keep this in mind.
A good insurance agent can compare all your options. Contact us anytime at 818-342-9200.
