Incorporate Your Business Medical Insurance Part 2

business medical insurance

Incorporate Your Business

Medical Insurance Part 2

This makes COBRA coverage look like a bargain! Add this to the fact that, unlike group plans offered by employers, individual plans can impose pre-existing condition clauses, or even turn you down for coverage due to health issues.

Pre-existing conditions include all kinds of health issues which Murphys Law dictates wont be a problem until you are covered by a health plan, which precludes them.

And then there are the plans that cost a fortune. Insurance companies generally dont like to insure individuals. In a group insurance plan owned by a company, the insurance company is assuming the risk of both sick and healthy employees.

Averaged out, the premiums paid for by the healthy tend to cover the costs generated by the sick. Not as much of a sure thing with individuals. The insurance company wants ... http://for-insurance.ucoz.com/news/business_medical_insurance/2013-06-22-3905