Although you might find yourself at a position in which you are self-employed and you want to purchase a health insurance plan with the best possible quality, it is important that you consider where your business is going and how do you see it growing in the future. Check out the following options and see which one is more compatible with what you are trying to accomplish.
Plan to remain as the sole employee of the business
If you plan to remain as the sole employee of your business permanently, you should simply request a self-employed health insurance plan. This kind of plan is focused on covering one individual at a time and will provide you with personalized information that suits your needs. Additionally, the help of an accountant can come in handy in order to figure out how to deduct the cost of the insurance and take advantage of every deduction.
Plan to hire employees in the near future
If you plan to add up more employees to the payroll, you should opt for getting a temporary self-employed plan and request a quote for a group health insurance plan. As soon as you get your temporary self-employed one, make sure your agent takes you through the steps that you will need to take once the other employees come along and you have to transition into group health insurance plans. Make sure you keep track of the dates on which the self-employed one is valid so you can make your transition smoothly.
Ready to hire employees immediately
The readiness to hire more people is a reflection of the good growth of your business. Your insurance agents must be aware of this coming growth as soon as possible as they will be able to provide you with different options that will be suitable for the size of your company. Once you set up an insurance plan, you can use it as a way to encourage people to join your team. After all, many people strongly consider applying to a job when they see that there is health insurance included in their contract.