Family medical insurance question

Discussion in 'Business Operations' started by BAMARED, May 17, 2002.

  1. BAMARED

    BAMARED LawnSite Member
    Posts: 206

    To all you guys that run solo operations - Where/Who do you get medical insurance for your families? (Assuming that your wife does not work.)

    Thanks,

    BAMARED
     
  2. JimLewis

    JimLewis LawnSite Fanatic
    Posts: 6,842

    We just looked up an insurance broker in the Yellow Pages. (Broker = doesn't work for one specific insurance carrier, but many). We ended up with Fortis, which was pretty affordable.

    Whatever you do. DON'T fall for the NASE (National Association for the Self Employed) Insurance scam. They charge about the same as other insurance companies except they really cover almost NOTHING! (Except Major Medical) It will be like you don't even have insurance, because you'll be paying for everything out of pocket.
     
  3. wolfpacklawn

    wolfpacklawn LawnSite Member
    Posts: 120

    I found a plan with Unicare that I really like. $220 a month for a family of 5.

    I agree, stay away from NASE (also called MEGA life and health insurance), I checked into it and it seems to be a looser.
     
  4. Mykster

    Mykster LawnSite Senior Member
    Posts: 668

    Wolfpack, do you have a number for Unicare? That seems to be a good price. After I was laid-off from previous employer they had a deal called Cobra. $450-$500 a month for family of four, if I'm not mistaking. Thought that was a little high. My insurance benefits ends next month and need to get something going for me and my family.

    Does that include any kind of Dental?
     
  5. BAMARED

    BAMARED LawnSite Member
    Posts: 206

    Jim & Wolfpack,

    Do you think that a solo operation could get this same ins. that you guys spoke of? Or do you have to have multiple employees to qualify?

    Thanks in advance,

    BAMARED
     
  6. JimLewis

    JimLewis LawnSite Fanatic
    Posts: 6,842

    Yes, a solo would definitely qualify for Fortis, I am sure.

    I think we were talking about insurance for ourselves and our immediate families only, not for our company or workers.

    We don't provide insurance for our workers.
     
  7. thelawnguy

    thelawnguy LawnSite Silver Member
    Posts: 2,412

  8. Greenie

    Greenie LawnSite Member
    Posts: 105

    Watch Golden Rule, I almost bit the hook. I found out that GR will refund all your premiums if you ever have a major illness and a motorcycle. Doesn't matter if the motorcycle had nothing to do with your injury or illness, if you have one and they find out, they'll bail on you.
    I'm sure GR has other outs other than motorcycles, but that's what they would have used in my case.
     
  9. Barkleymut

    Barkleymut LawnSite Bronze Member
    Posts: 1,117

    My wife, daughter and I are all on a group policy. (I have one employee but he doesn't receive benefits). My wife is pregnant again and now our policy is going to be $550/month when #2 gets here. This is a great policy but man is it expensive. I agree with Jim as we went through a broker.
     

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