Health Insurance for Start-up Companies
Considering Group Health Insurance Georgia
QuoteJuice provides answers to any individual or group health insurance questions you may have. What type of health insurance is best for my start-up company? Our licensed Georgia health insurance agents would love to help you. We’re not a faceless. We’re real people ready to help you.
QuoteJuice generates quick quotes for you that you can filter and adjust according to your need and budget. We have agents standing by to answer any questions. Even better, once you purchase health insurance, QuoteJuice advocates for patients when filing for health insurance claims if any issues arise with your policy. We’ve got your back!
Health Insurance Options for the Start-up Entrepreneur
Here are some options as you prepare to get your new start-up business off the ground:
1. The small group insurance option. If you have at least two employees you may establish a group plan under your new startup. As an alternative, you could take your former employer’s COBRA coverage or state continuation coverage until you can get up to two employees and start a group plan of your own. COBRA generally may last up to 18 months. The maximum period for state continuation varies state to state; here in Georgia it lasts only three months.
2. The individual health insurance option. You will need to think about applying for an individual policy if (i) your new venture does not have two employees and/or you are going to exceed the maximum duration of COBRA or state continuation, or (ii) you don’t have any significant health conditions and your former employer’s COBRA / state continuation coverage is relatively expensive.
3. The “individual conversion” option. Things are not good if you are at this point — your COBRA / state continuation has expired and you have been declined for an individual policy. Some group policies may allow you to “convert” the group coverage to an individual policy. Be forewarned, these policies are generally a state-mandated benefit designed as a safety net for uninsurable individuals. Therefore, coverage is minimal and premiums are high. Before jumping ship, review your current insurance policy to verify that individual conversion is even available.
4. The “pull-the-plug” option. Hopefully not, but you may get to the point where the lack of available benefits forces you back into corporate world.
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Browse and compare quotes. And feel free to contact our agents with questions. We’re real people, based in the Atlanta area (Norcross, GA to be exact). We aren’t farming your information out to companies once you submit it. We don’t work for a particular insurance company. We’re an agency that’s here to help you find the best insurance you can get, and we’re still here for you if you need us after that. Get started by looking at some Georgia health insurance quotes!