Comments on: 3 Health Insurance Options for the Self-Employed http://thenewlyrich.com/entrepreneurship/3-health-insurance-options-for-the-self-employed/ 4HWW, Family Style Sat, 02 Jan 2010 17:47:01 +0000 http://wordpress.org/?v=2.9 hourly 1 By: Jed http://thenewlyrich.com/entrepreneurship/3-health-insurance-options-for-the-self-employed/comment-page-1/#comment-82 Jed Sat, 12 Jan 2008 20:54:48 +0000 http://thenewlyrich.com/2007/10/01/3-health-insurance-options-for-the-self-employed/#comment-82 @Dave and @Tina- Unicare is the provider. It was not a simple process to get it all set up (lots of application paperwork), but has been working out really well for us. @Dave and @Tina-

Unicare is the provider. It was not a simple process to get it all set up (lots of application paperwork), but has been working out really well for us.

]]> By: Tina Su - Think Simple Now http://thenewlyrich.com/entrepreneurship/3-health-insurance-options-for-the-self-employed/comment-page-1/#comment-81 Tina Su - Think Simple Now Sat, 12 Jan 2008 19:38:33 +0000 http://thenewlyrich.com/2007/10/01/3-health-insurance-options-for-the-self-employed/#comment-81 Thank you for this informative post. I've been planning to do the 4HWW later this year and one of my concerns for going solo is the health insurance issue. I hadn't thought about setting your own company up for group insurance. The tax benefits are fantastic. I'm gonna book mark this and forward to my partner. Question: Which company do you have the group plan with? Thanks so much! Tina Thank you for this informative post. I’ve been planning to do the 4HWW later this year and one of my concerns for going solo is the health insurance issue. I hadn’t thought about setting your own company up for group insurance. The tax benefits are fantastic. I’m gonna book mark this and forward to my partner.

Question: Which company do you have the group plan with?

Thanks so much!
Tina

]]> By: Rob http://thenewlyrich.com/entrepreneurship/3-health-insurance-options-for-the-self-employed/comment-page-1/#comment-78 Rob Sun, 06 Jan 2008 04:35:58 +0000 http://thenewlyrich.com/2007/10/01/3-health-insurance-options-for-the-self-employed/#comment-78 Link to this post copied and sent to my wife... she too has the innate ability to become pregnant, and our TWO daughters are very accident-prone. Great idea to put them on one plan and you on another... especially now that you're Mr. health at 30 lbs. lighter! Link to this post copied and sent to my wife… she too has the innate ability to become pregnant, and our TWO daughters are very accident-prone. Great idea to put them on one plan and you on another… especially now that you’re Mr. health at 30 lbs. lighter!

]]> By: Dave http://thenewlyrich.com/entrepreneurship/3-health-insurance-options-for-the-self-employed/comment-page-1/#comment-69 Dave Mon, 26 Nov 2007 04:34:57 +0000 http://thenewlyrich.com/2007/10/01/3-health-insurance-options-for-the-self-employed/#comment-69 Please tell me how you have health insurance for $450 a month. I pay $1000/mo with BCBS. It is me, my wife and two boys (1 and 4 years old). I have my own business. Please tell me how you have health insurance for $450 a month. I pay $1000/mo with BCBS. It is me, my wife and two boys (1 and 4 years old). I have my own business.

]]> By: Sarah http://thenewlyrich.com/entrepreneurship/3-health-insurance-options-for-the-self-employed/comment-page-1/#comment-60 Sarah Tue, 16 Oct 2007 21:00:02 +0000 http://thenewlyrich.com/2007/10/01/3-health-insurance-options-for-the-self-employed/#comment-60 Even though you've just chosen a company - I can't help but share my recent experience with a high deductible plan with HSA. Our 6 person company went with Destiny Health (http://www.destinyhealth.com). I believe they actually started in Chicago and just recently became available in Texas. At any rate, our plan is a high deductible plan with HSA and I love it. But here is where it gets unbelievable. They have a program called vitality that gives you points for doing health promoting activities. They also have levels (bronze, silver, gold, platinum) for reaching certain points levels. You can use these points for merchandise (I got a video ipod and a new hard drive camcorder). But what's even more amazing is the cash rewards. I got to platinum this year (my first year on the plan), by getting a routine physical, 6 month fitness assessment (painful - but worth it), and participating in events like fun runs and 5k's. For my efforts (at the platinum level) I got a $500 rebate on gym memberships. And here's the crazy part that makes them the best choice in insurance if you're willing to get to platinum - at the end of the year I will get a 100% match on my remaining HSA balance up to $2,625. Now that stays in your hsa, but still - you're talking about getting back at least half of you premium payments. For me - since my company pays the majority of the premium - this is just free hsa money. I still can't believe the program - I guess they bank on most people not going through the effort. But I've become an envangelist around our company (most people didn't even read enough about the program to realize it's awesomeness) and I couldn't help but post since you live in one of the two locations (IL and TX) where this company has a strong presence. Even though you’ve just chosen a company – I can’t help but share my recent experience with a high deductible plan with HSA. Our 6 person company went with Destiny Health (http://www.destinyhealth.com). I believe they actually started in Chicago and just recently became available in Texas.

At any rate, our plan is a high deductible plan with HSA and I love it. But here is where it gets unbelievable. They have a program called vitality that gives you points for doing health promoting activities. They also have levels (bronze, silver, gold, platinum) for reaching certain points levels. You can use these points for merchandise (I got a video ipod and a new hard drive camcorder). But what’s even more amazing is the cash rewards. I got to platinum this year (my first year on the plan), by getting a routine physical, 6 month fitness assessment (painful – but worth it), and participating in events like fun runs and 5k’s.

For my efforts (at the platinum level) I got a $500 rebate on gym memberships. And here’s the crazy part that makes them the best choice in insurance if you’re willing to get to platinum – at the end of the year I will get a 100% match on my remaining HSA balance up to $2,625. Now that stays in your hsa, but still – you’re talking about getting back at least half of you premium payments. For me – since my company pays the majority of the premium – this is just free hsa money. I still can’t believe the program – I guess they bank on most people not going through the effort. But I’ve become an envangelist around our company (most people didn’t even read enough about the program to realize it’s awesomeness) and I couldn’t help but post since you live in one of the two locations (IL and TX) where this company has a strong presence.

]]> By: Michael | Family Hack http://thenewlyrich.com/entrepreneurship/3-health-insurance-options-for-the-self-employed/comment-page-1/#comment-49 Michael | Family Hack Tue, 02 Oct 2007 00:03:10 +0000 http://thenewlyrich.com/2007/10/01/3-health-insurance-options-for-the-self-employed/#comment-49 We love our HSA for it's flexibility, investment options and the fact that you only pay for what you use....unlike a normal insurance premium. Best, Michael http://www.familyhack.com We love our HSA for it’s flexibility, investment options and the fact that you only pay for what you use….unlike a normal insurance premium.

Best,
Michael
http://www.familyhack.com

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