Small Project Design

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  • 1.  Health insurance for sole practitioners

    Posted 11-21-2011 02:02 PM
    This message has been cross posted to the following Discussion Forums: CRAN Custom Residential Architects Network and Small Project Practitioners .
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    I am looking into health insurance options for sole practitioners. Any suggestions?

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    Dawn Zuber AIA
    Owner
    Studio Z Architecture
    Canton MI
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  • 2.  RE:Health insurance for sole practitioners

    Posted 11-22-2011 08:07 AM
    Good luck. When you find affordable health insurance for sole practitioners, let me know. Our Madoff Care ponzi scheme does not help those who don't have 10 employees or more. Too bad we missed out on that one month when the AIA had a group plan for us sorry sole practitioners that still believe there is an American Dream in this country. It's a shame we blew the last Health Care Reform opportunity we'll have in decades. Leading economists have all said that we Americans have been and still are too expensive to hire because of our health care system and the expense to the employers. Just a premonition, but something tells me we'll all be asked to pay our own health insurance soon like we were asked in the 80s to give up our pensions and gamble our retirement away in the stock market instead. I hear the first graduating class is coming up short on those promises they were given. When corporate employees realize how much individuals have to pay, they might get concerned about HC Reform too. The problem is that most people have no idea how much their insurance costs the employer. Although I could be wrong, seeing how the powers that be are giving so much away to the 99%ers these days.

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    Eric Rawlings AIA
    Owner
    Rawlings Design, Inc.
    Decatur GA
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  • 3.  RE:Health insurance for sole practitioners

    Posted 11-23-2011 07:55 AM
    Dawn,
    Different states have different laws for what must be included in plans, thereby greatly affecting the price of premiums (e.g. NY and NJ). I don't know what is available in MI, but in PA we can buy low-premium/high-deductible plans with or without HSAs (health savings accounts). The HSA $ collects interest and we use it to pay for non-covered things (like dental) with pre-tax dollars. It is a handy system. We buy ours through Highmark Blue Shield.
     
    I have been buying my Health Insurance for my family for the past 12 years. Believe it or not, the premiums are actually a lot cheaper than buying it through my husband's firm. Our premiums are $450/ month for a family of 4 - and even if we use up the deductible, it is still cheaper than the alternative high-premium/no or low deductible plans. It is accepted eveywhere and we have had no problems with denials or coverage. As I said, not all states allow these kind of plans and, from what I understand, you cannot purchase from another state.

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    Mary Cerrone AIA
    Mary Cerrone Architects and Interiors
    Pittsburgh PA
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  • 4.  RE:Health insurance for sole practitioners

    Posted 11-23-2011 09:44 AM
    Dawn:

    I'd recommend checking with your local Chamber of Commerce.  I currently pay $1,570/mo for a family of four in MA, and that's one of their cheaper, limited plans.  It has now surpassed my mortgage payment as it's gone up about 10% each year since I took it on three years ago.  You can often get health insurance through groups like this because they get better rates through their group plans "bargaining" power. It's supposed to be a "group" discount, but it doesn't seem like much.  Although it doesn't seem fair, there aren't many options for small businesses.  It costs me $175/yr to join the chamber, to be eligible for the plan.  You could also check the state's small business association as an alternative to the Chamber.  Your local chamber offers you business connections and networking possibilities that the SBA doesn't.  Here in Massachusetts, thanks to Mitt Romney, we have a state health care requirement option.  It's called the connector plan.  It's not that great, but gives a minimal level of health care to those who can't afford a plan like mine, and it's required in this state. Best of luck.  It's ridiculously expensive to carry health insurance these days as a small business, but a necessary evil.

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    Douglas Shoop AIA
    Principal Owner
    DSA Architects
    Medford MA
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  • 5.  RE:Health insurance for sole practitioners

    Posted 11-23-2011 10:17 AM
    Try your local Chamber of Commerce. We have a 7 person firm and the Chamber is the best option for grouping small businesses.

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    Dennis Ross AIA
    Architect
    Pacheco Ross Architects, P.C.
    Voorheesville NY
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  • 6.  RE:Health insurance for sole practitioners

    Posted 11-22-2011 12:41 PM
    Recently we investigated premium costs starting at this url: http://www.theaiatrust.com/hc.php A variety of premiums are suggested and cost/ benefit comparable tool available.

    One surmises this is a group benefit for AIA members through AIA trust.
    If you proceed let me know of results, if  you care to share.

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    Michael Scarmack AIA
    Earth_Architect
    Scarmack Architecture ':-)
    Lancaster OH

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  • 7.  RE:Health insurance for sole practitioners

    Posted 11-23-2011 06:57 AM
    You can check through either NFIB or your local/state Small Business Association.  They may have group plans that you can buy into.  It's not cheep, but is better than on your own.

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    Roger Donaldson AIA
    Roger L Donaldson, AIA P.L.C.
    Holt MI
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  • 8.  RE:Health insurance for sole practitioners

    Posted 11-24-2011 01:31 PM
    Thanks, everyone, for your suggestions!

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    Dawn Zuber AIA
    Owner
    Studio Z Architecture
    Canton MI
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