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Below, you'll find extensive information on leading
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Michigan Health Insurance - Are You Covered? Health Insurance For Small Business
If you are a sole proprietor or small business owner and require for you or your employees, there are many options available that will provide coverage for a reasonable premium. You will, however, be required to carry out a good amount of research before finding an insurance company that will suit your needs, as there are a lot of choices out there.
Individual Health Insurance:
Individual is coverage intended for one person. If you are self-employed or run your own business, you don’t have access to a group plan through an employer, and must purchase your own coverage from one of the many providers located in your state.
There are some pitfalls to obtaining your from the private sector. For instance, limitations exist that might make it difficult to derive guaranteed benefits from a private insurance policy as an individual. Private companies have a right to ask you for information regarding your current and past health,
and are also allowed to reject you for insurance purposes based on your health status, or impose limitations on your coverage.
Blue Cross Blue Shield, on the other hand, is required by law to sell individual to any resident regardless of health status. This is referred to as guaranteed issue. They must also refrain from charging you more due to any current or preexisting conditions ¨C this is called community rating. HMOs are also required to sell to any individual during the 30-day open enrollment period that occurs each year.
Individual policies can vary depending on the company. There are no laws that force private companies to offer the same products so coverage plans from different providers can offer quite different coverage. But certain benefits for must be provided in the coverage, including mammograms and diabetes care.
For more info: Michigan Health Insurance
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