Monday, March 1, 2010

How can I get group health insurance for a large group of independent contractors


How can I get group health insurance for a large group of independent contractors?
I'm involved with a company that has over 50,000 independent contractors.
What are my options to seek out a group health insurance plan at great savings for the independent contractors? Jody
Insurance - 5 Answers
Random Answers, Critics, Comments, Opinions :
1 :
The normal rule of thumb is the larger the group the better the rate. I would check with your local insurance companies and see if they can give you a good price. Also, if you are a member of your local Better Business Bureau or Chamber of Commerce, you may be eligible for discounts. Good luck!!!
2 :
There are many sites that may offer you quotes for health insurance plans online. I recommend you check out eHealthinsurance. They are made up of a network of hundreds of health insurance providers across America. They offer medical plans from over 140 leading health insurers nationwide. They have more than 900,000 clients in the U.S. Health insurance premiums are filed with and regulated by your state's Department of Insurance. Whether you buy from eHealthInsurance, your local agent, or directly from the health insurance company, you'll pay the same monthly premium for the same plan. This means that you can enjoy the advantages and convenience of shopping and purchasing your health insurance plan through eHealthInsurance and rest assured that you're getting the best available price. eHealthInsurance offers plans for individuals, families and businesses. You input the information to get quotes and they can hold it in their system for you. To request free, no obligation quotes go to http://www.tkqlhce.com/it118qgpmgo3565874A3548687DA I hope that helps! Take care and best of luck!
3 :
I would suggest looking into association plans from carriers, I am not sure if anyone does it any longer. Your problem is that your group is not considered a group to traditional corporations. (Independent Contractors- are not considered a employer/ employee relationship) which must take place to have a "true group". And also your second hurdle will be the number, 50,000 is a very large group- so rates will not be guaranteed- they will be loaded rates, because of possible huge claims involved, and no prior claim experience.
4 :
i am in agreeance with the above answer: in order to have group health plan a employer/employee relationship must exists. Instead you can link with an independent agent and then refer theses contractors to the agent if they want individual coverage.
5 :
Need to check a lot first

Read more discussions :
Posted by Health Insurance at 6:00 PM