Policy Price

Article by Adam Sepulveda

Pretty much everyone knows how important it is to get a good health insurance plan. Nobody is guaranteed to remain in good health at all times, no matter how healthy they may currently be. Some people might be able to go for 10 years without ever experiencing much in the way of serious medical problems, outside of a cold here and there. Others may be stricken with a serious illness from a very early age. It is just impossible to know what direction your own personal health status is going to take. Most people get their health insurance coverage from their employer, but what about those who run their own business? For those who live in California and are self-employed, there is California small business health insurance.

Some people may believe that getting California small business health insurance will be much more costly than getting medical insurance through their employer. While that is not necessarily false, there is certainly a reason for it. Health insurance for the self-employed, small business owner is very much different from getting insurance from your employer or even purchasing coverage for you and your family. There are actually a lot of benefits that you will get with a small business insurance plan that you don’t get with an individual plan.

One benefit that you will receive when purchasing California small business health insurance is that you will be put on a group plan, making for lower premiums than if you simply got an individual plan for yourself. Having your small business on a group plan not only covers you and your dependents, but it also covers all of your employees and all of their dependents. The rules for getting this type of insurance coverage are very different from those involved with getting an individual plan. For example, for individual insurance coverage, you will be subjected to extensive medical exams and the amount you end up paying will be solely based upon how healthy you are. With the group plan you get with a small business, since there are more people on the plan, the insurance company’s risks are spread out over a bigger pool of people.

More importantly than that though, when purchasing California small business health insurance, there are state laws (California law AB1672) that say insurers must offer coverage to your small group, as long as you meet some general guidelines. No such law exists making this a requirement for an individual.

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Adam recommends visiting this informative site for more information about California small business health insurance and coverage options available.