Cheap Health Insurance for Small Business in New York
Ah, good news for you who may involve in small business or as an entrepreneur. You can find a cheap health insurance in New York. Thanks to the NY legislature who had enacted regulation called ” Healthy NY”.
For a very long time, many individuals, small business owner, and entrepreneur has desperately looking a way to find an affordable health insurance, whether it’s through a group or joint venture. This regulation are like a rain in the desert, give a big relieve for us all. But, there is a condition that have you fulfill:
Business must be located in New York
The business must have 50 or less eligible employees
30% of employees must earn $34,000 or less
The business must not have provided group health insurance to employees in last 12 months (with certain stipulations)
50% of eligible employee participation and at least one earns $34,000 or less
Employer must contribute 50% of premium
The employer must offer plan to employees working 20 hours or more and earning $34,000 or less
Individual and Sole Proprietor guidelines:
The individual must live in the state of New York
Must be currently employed or have been within the last 12 months
Employer does not provide health insurance
Have not health insurance for past 12 month period
Ineligible for Medicare
The annual household income must meet the Healthy NY Income Guidelines”
Well, although it still only in New York, i hope other states will follow.
You can find the article here…
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