A Magic Health Insurance Loophole?

PierceVoice · 04-10-2008, 12:32 PM

Odd that this would come the same time as a survey on the subject (see another post on the board)...

This week, I officially filed as a "Sole Proprietor"-- I formed a company (newly designed site, too!). The reason I've done this is simple: I am full-time employed with a great production company, but currently supply my (and my wife's) health insurance independently.

Without getting too personal, there are pre-existing conditions, and we need a good prescription plan. Insurance is EXPENSIVE when entering with any health condition. We're dealing with a less-than-small-scale one.

I found out that in my state (NC), I can get "Group of 1" health insurance-- a group plan for people who own a bizness, but have no employees. It will cover me, and my spouse (amazing!). Ideally, we'll include a maternity provision (cause, well, you never know), and form it with a reputable company just like any other policy. Only thing is that it's a GROUP plan.

So far, the quotes have MAJORLY beat those of any individual coverage I have come across (and I've looked, BELIEVE me).

I'm sharing this because, though I haven't signed up yet, it seems to be a helpful loophole in an otherwise screwed up system.

Thoughts?

PierceVoice · 04-20-2008, 12:07 AM

Okay... this isn't getting the response I had hoped to see. Is this an irrelevant topic? I'm not sure how many of us provide our own individual health insurance....

Michael Murphy · 04-20-2008, 08:06 AM

No not irrelevant at all, I get my insurance at about $500/ month for Health, dental optical and life. Through the agency I work for as a RN.

You should form a group of V.O. actors and offer group rates. Someday when I actually get some work in Voiceover, I would consider changing. Not quite in the market now.

Mike

billelder · 04-21-2008, 03:04 AM

I have an individual policy with Blue Cross Blue Shield Blue Monday Blue Day (ELO). I don't know if my state of Georgia offers the "Group of 1" deal. My premium isn't but $215 a month but that's with a large deductible. I had surgery this past year so that'll probably go through the roof next rate increase which I think is June. I can't imagine our state legislators being smart or thoughtful enough to do this. And, it may be that I'm getting a good deal as it is now. I'll investigate.

Dick Rodstein · 04-27-2008, 10:04 PM

freelancersunion.org is now offering health insurance in 30 states and term life in all of them.

Dick

04-10-2008, 12:32 PM	#1 (permalink)
PierceVoice User Join Date: Aug 2007 Location: Raleigh, NC Posts: 169	A Magic Health Insurance Loophole? Odd that this would come the same time as a survey on the subject (see another post on the board)... This week, I officially filed as a "Sole Proprietor"-- I formed a company (newly designed site, too!). The reason I've done this is simple: I am full-time employed with a great production company, but currently supply my (and my wife's) health insurance independently. Without getting too personal, there are pre-existing conditions, and we need a good prescription plan. Insurance is EXPENSIVE when entering with any health condition. We're dealing with a less-than-small-scale one. I found out that in my state (NC), I can get "Group of 1" health insurance-- a group plan for people who own a bizness, but have no employees. It will cover me, and my spouse (amazing!). Ideally, we'll include a maternity provision (cause, well, you never know), and form it with a reputable company just like any other policy. Only thing is that it's a GROUP plan. So far, the quotes have MAJORLY beat those of any individual coverage I have come across (and I've looked, BELIEVE me). I'm sharing this because, though I haven't signed up yet, it seems to be a helpful loophole in an otherwise screwed up system. Thoughts? __________________ CHADD PIERCE Creative Branding Consultation, Writing and Voice at PierceVoice.com.

04-20-2008, 12:07 AM	#2 (permalink)
PierceVoice User Join Date: Aug 2007 Location: Raleigh, NC Posts: 169	Okay... this isn't getting the response I had hoped to see. Is this an irrelevant topic? I'm not sure how many of us provide our own individual health insurance.... __________________ CHADD PIERCE Creative Branding Consultation, Writing and Voice at PierceVoice.com.

04-20-2008, 08:06 AM	#3 (permalink)
Michael Murphy User Join Date: Aug 2007 Location: New Baltimore, Michigan Posts: 85	No not irrelevant at all, I get my insurance at about $500/ month for Health, dental optical and life. Through the agency I work for as a RN. You should form a group of V.O. actors and offer group rates. Someday when I actually get some work in Voiceover, I would consider changing. Not quite in the market now. Mike __________________ Michael Murphy Voice Over Artist

04-21-2008, 03:04 AM	#4 (permalink)
billelder Member FDIC Join Date: Aug 2007 Location: Georgia Posts: 113	I have an individual policy with Blue Cross Blue Shield Blue Monday Blue Day (ELO). I don't know if my state of Georgia offers the "Group of 1" deal. My premium isn't but $215 a month but that's with a large deductible. I had surgery this past year so that'll probably go through the roof next rate increase which I think is June. I can't imagine our state legislators being smart or thoughtful enough to do this. And, it may be that I'm getting a good deal as it is now. I'll investigate. __________________ Bill Elder Voiceovers

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

04-27-2008, 10:04 PM	#5 (permalink)
Dick Rodstein User Join Date: Apr 2008 Posts: 3	freelancersunion.org is now offering health insurance in 30 states and term life in all of them. Dick