When Can a Self-Employed Person Enroll onto a “Group of One” Health Plan?
A self-employed person is allowed to buy business group health insurance for themselves and their eligible dependents in the State of Colorado during periods of annual “open enrollment ” such as exhaustion of COBRA, an involuntary loss of other coverage, and within 30 days of his or her birthday. This is called “Group of One” health insurance. A self-employed person who is not currently an expectant parent and is currently in excellent health may qualify as “preferred risk”, which may allow him/her to enroll in a “group of one” plan immediately, instead of having to wait for an open enrollment period. Maternity Coverage for Self-Employed Individuals We often receive a lot of questions about maternity coverage for self-employed individuals. For those under the age of 35, maternity coverage can be more comprehensive and less expensive on a “group of one” plan than on a personal or “individual” health insurance plan. This is particularly true if the person applying for coverage is of pref
Related Questions
- What if the RN determines their health support needs are not adequately reflected in a persons personal plan?
- I thought a self-employed person could not participate in an HRA or medical reimbursement plan?
- Was person covered by other (state plan) health plan at any time during [previous calendar year]?
