{"id":1707,"date":"2024-04-08T02:40:18","date_gmt":"2024-04-08T02:40:18","guid":{"rendered":"https:\/\/covermile.com\/?p=1707"},"modified":"2024-04-22T03:40:06","modified_gmt":"2024-04-22T03:40:06","slug":"group-health-insurance-plans-individuals","status":"publish","type":"post","link":"https:\/\/covermile.com\/health-insurance\/group-health-insurance-plans-individuals\/","title":{"rendered":"Are There any Group Health Insurance Plans for Individuals in Texas?"},"content":{"rendered":"\n
Owning a small business involves many responsibilities. Do you have enough of what you need to keep your customers happy, are you making enough to sustain your business through the current period, and will you be able to keep up with the flow? Health is one aspect of the equation that is often overlooked as it is unpredictable. You cannot schedule a cold. You can\u2019t draft a hospital stay. And you can\u2019t certainly pay for premiums and medical expenses when you are away from the job whether you are a stay-at-home freelancer or a small business owner always on the go. We at CoverMile<\/a> aim to answer the big questions about group health insurance plans and who qualifies for them and if you should apply for coverage.<\/p>\n\n\n\n Let\u2019s answer one question right away. If you own a small business<\/a>, are you able to have group health insurance like the bigger companies? This answer is both a yes and no. It depends on how your small business is set up.<\/p>\n\n\n\n No.<\/strong> If your business is only you and you are the sole proprietor, then group health insurance won’t apply because to qualify for a group you need at least two employees. It is easier for you to shop the Marketplace and purchase an Affordable Care Act<\/a> health insurance policy.<\/p>\n\n\n\n Yes.<\/strong> If your small business is a Limited Liability Company (LLC<\/a>) then this changes things. You can obtain a group policy when you have two or more employees. You can be one of them. However, to obtain the policy there are sign-up stipulations. Health insurance companies ask for at least a 70 percent participation rate to sign up.<\/p>\n\n\n\n Ideally, you want to be insured on your own. Yet, if you have between two and fifty employees,<\/a> you can assist them with obtaining insurance. Sometimes group insurance is your answer, other times it is not.<\/p>\n\n\n\n What are My Health Insurance Options as a Small Business Owner?<\/strong><\/p>\n\n\n\n You want the best health insurance for your small business. Shopping around can become tedious and frustrating. We have searched and found that Blue Cross Blue Shield of Texas<\/a> provides the best coverage at the lowest premiums for you, the business owner and your employees should you choose to include them under a small business health insurance plan.<\/p>\n\n\n\n If you own a small business and want the best coverage for your employees, whether it be 2 or 50, then look no further than BCBS of Texas. To qualify for coverage, you must have 70 percent participation of your eligible employees. Eligible employees are those who work 30 hours per week, whom you withhold taxes, and who elect to receive coverage. Those who have coverage through a spouse or other means do not count toward your 70 percent. You also qualify as an eligible employee.Can I Get Group Health Insurance on My Own?<\/h1>\n\n\n\n
Blue Cross Blue Shield of Texas<\/a><\/h3>\n\n\n\n
Below we have gathered a few of the plans available from BCBS of Texas<\/a> under their small business platform. They have a variety of plans that include deductibles and coinsurance amounts.
Employees<\/p>\n\n\n\n