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Ask HN: Leap to entrepreneur: How to do medical insurance?

1 points by codingsolo 15 years ago · 2 comments · 1 min read


I am a married 30-something American with 2 young children at home. Recently, I have been in committed talks to go the route of an entrepreneurial path instead of working for a large (and relatively secure) corporation. My main concern is that if someone is sick, I want them to be able to go to the doctor without bankrupting my account. I understand that choosing to be an entrepreneur has risks associated with it and finances are a relatively large assumption. I wish to mitigate the health area as much as possible, so I am seeking advice about how others at HN have accomplished this feat. Thanks for your time.

svedlin 15 years ago

Few different options.. At the start, COBRA will last you around 18+ months, which gives you some time to make a decision.

Depending on the state, "small group" plans will cover corporations that have at least 1 (or in some cases 2) employees. You might get better quotes as a small group than as a self-employed individual, but it will depend... Some states have programs that are tailored for individuals.

FWIW, some people have reported decent rates with UHC, ehealthinsurance.com, tonik.com, etc. But I would get quotes from your preferred carrier.

  • codingsoloOP 15 years ago

    Thanks for your response. I will check into those solutions you have posted. My initial Google searches exhausted with nothing of discernible value and I suppose I'm anxious to hear about how others bridged the gap.

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