View Full Version : health ins.

05-08-2003, 10:06 AM
I know this is a little off subject, But i,ll ask any way
I,ve been in business for 5 yrs.and would really like for my wife too beable to quit her full time job(which she has for insurance only) But She cant get Health ins, Unless its group ins. Or it cost 600-800 mo.and still doesn't cover anything.
Is there some green industry org. that would offer a group plan?

05-08-2003, 10:20 AM
try thh National Asoociation of the Self Employed www.nase.org

Green in Idaho
05-08-2003, 07:13 PM
600-800/mo for minimal coverage??? Pre-exsting something?

Regardless as an employee of your business (your wife) the insurance would be deductible so the "after-tax cost" is much less.

Find out the exact cost to get to get the same coverage she has now and divide it by the hows worked. i.e. $800/mo policy vs working 40hr /week = $5/hr value for the insurance. Could she earn $5/hr MORE working for you than what she earning now, OR is it personally worth $5/hr in a better work situation?

r. COBRA is available for 18 months too.

Arc Burn
05-08-2003, 08:52 PM
I left a full time job with benefits a year ago to start my welding biz and can say that COBRA was no bargain and i am single.

Green in Idaho
05-08-2003, 09:10 PM
COBRA is not meant to be a bargain. It simply allows u to continue the policy your employer had for you.

COBRA is not a policy at all. IF the payments were high for you, they were also high for the employer. If the policy was cheap you will be able to take advantage of the those cheap premiums. It ONLY allows the continuation of the same policy.

Arc Burn
05-08-2003, 09:43 PM
I understand that,I just wanted to make it clear that you do NOT continue your coverage at the same rate as you did when you were employed.

Green in Idaho
05-08-2003, 11:07 PM
That's a good point. Health insurance is just a butt kicker no matter what... it's sad. :(