Texas Options

[HomeService]

yes, I read that they think she may "reportedly" have real estate income and investments and such, and I read STI saying that she should make some sort of corp and get a health plan that way, but that is fraudulent. It is illegal to form a group for the purpose of getting health insurance.

That is not an option, unless you want to commit fraud. Are you suggesting fraud, any of you guys?

 

[taterpeeler]

Huh?? U mean am I calling anyone a fraud on this board? well.... I will let the masses judge that

 

[STIBROKER]

....and I read STI saying that she should make some sort of corp and get a health plan that way, but that is fraudulent. It is illegal to form a group for the purpose of getting health insurance.That is not an option, unless you want to commit fraud. Are you suggesting fraud, any of you guys?

show me were it is written that you can not form a Corp in America.....and when this is done it could help shield their property from lawsuit....and one of the benefits of doing this is that now they are eligible for a group plan.....and if what you said is true then NASE would have been out of business years ago....which would have been a good thing......

 

[HomeService]

I never said they could not make a corp, I said it is illegal to form a company { or group of people} for the sole purpose of saving on health coverage. Here's a quote form the state of TX site:

"It is illegal in Texas to form a group for the sole purpose of providing health coverage."

However, in reserching a little, there are some states where one person groups are allowed. { isn't a one person group an oxymoron? } I guess the one person group would qualify some individuals with health problems, however, we have the risk pool here for one person, so I guess that's close to the same thing.

The original question was if we have the same options in TX that other states have, and no we do not, we do not have one person groups. { I'm not sure one person groups would benefit us with the risk pool and all.}

 

[somarco]

You do not need a corp. Any business form will work.

"It is illegal in Texas to form a group for the sole purpose of providing health coverage."

Same thing here and in most (if not all) states.

No one said a thing about forming a group JUST to buy health insurance.

In the link above, the Kelly's own rental property. That is a business. If you do not think so, then go talk to people who do own property and ask them if they work or not.

They receive income from their business. It doesn't matter if it is W2 wages, 1099 or K-1 . . . they have earned income.

The group I just set up is a one man business. Been that way for years. The owner is 6' 4" and 340# with HTN. No one will write him. Wife & kids are healthy.

So he agreed to put his wife on the payroll. She already works, but not for wages.

Now he has a 2 person group.

I do this all the time.

Now you can too.

 

[STIBROKER]

I never said they could not make a corp, I said it is illegal to form a company { or group of people} for the sole purpose of saving on health coverage. Here's a quote form the state of TX site:

"It is illegal in Texas to form a group for the sole purpose of providing health coverage."

and a link to the source you are quoting......

However, in reserching a little, there are some states where one person groups are allowed. { isn't a one person group an oxymoron? } I guess the one person group would qualify some individuals with health problems, however, we have the risk pool here for one person, so I guess that's close to the same thing.

I can see why you farm out your health leads....

 

[taterpeeler]

You do not need a corp. Any business form will work.



So he agreed to put his wife on the payroll. She already works, but not for wages.

Now he has a 2 person group.

I do this all the time.

Now you can too.

No he can't ... he dosent sell insurance, remember, he has not sold a policy in forever... didn't he say something to that effect in prior post?

 

[HomeService]

Link to it? OK:
"Before joining a non-employer group plan, you should ask other participating members in the group about their experience with the coverage. Most plans are reputable, although fraud schemes have been known to operate under the pretense of offering coverage through a non-employer group. Such an operation will likely collect your premium but disappear if you have a claim. It is illegal in Texas to form a group for the sole purpose of providing health coverage. Also, a group cannot legally require you to join a health plan as a condition of membership."

Health Insurance Information for a Person who is Unemployed

 

[taterpeeler]

Link to it? OK:
"Before joining a non-employer group plan, you should ask other participating members in the group about their experience with the coverage. Most plans are reputable, although fraud schemes have been known to operate under the pretense of offering coverage through a non-employer group. Such an operation will likely collect your premium but disappear if you have a claim. It is illegal in Texas to form a group for the sole purpose of providing health coverage. Also, a group cannot legally require you to join a health plan as a condition of membership."

Health Insurance Information for a Person who is Unemployed

You have just taken the entire statement compleatly out of contex, this is related to NON-EMPLOYER group plans. This has no bearing in any shape form or fashion to a person who owns a company, no matter how it is created, as long as it is a company and the employees are working full time. You statements are related to goofy little association plans like the ones you could find if you were an atty, engineer cpa or something like that and the "association" offering health insurance as an added benefit to other bennifits offered thu the association. The key again that kills your theroy is NON-EMPLOYER group plans. These plans DO NOT have to follow the mandates related to guarenteed issuse and payment requirement by the EMPLOYER for employee coverage.

OK, now HOME, how many times are we gonna expose you as someone that knows nothing about the health insurance market here in Texas... the "PROBLEM CHILD" of health insurance states according to you? Pall, You dont have a clue what you are walking into here and it is my view that people like you who hold a state lisc. and start telling the residents of Texas your stupid nonsense only screw it up for the agents like myself that kinda know this market like the back of our hand.

BTW... the Texas risk pool IS a great option considering the factors involved, not some off the wall high dollar plan you say it is... Yes, it's expensive, I agree, but very affordable all things considered.

 

[HomeService]

ok, pall , thanks pall. want to get a beer sometime?