Tuesday, December 3, 2013

I’m a sole-proprietor with no employees; does this impact me?

Due to changes in federal law, most sole-proprietors will no longer purchase health insurance as a business in 2014. Rather, you will purchase individual or family coverage. This applies to sole-proprietors without employees or whose only employee is a spouse. While your situation is different from a small business, you also have the option to extend your current health coverage plan. You should have received a notice from your insurance carrier explaining your options in early November. If you did not respond, your current 2013 insurance plan has already been extended through March 31, 2014. You can enroll in an individual or family plan through Vermont Health Connect prior to December 23rd for coverage that takes effect on January 1, or any time thereafter to obtain your new coverage. To ensure you obtain coverage effective April 1, 2014 and avoid a lapse in coverage, you must enroll no later than March 15th, 2014.

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Vermont Businesses for Social Responsibility

Vermont Businesses for Social Responsibility
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VERMONT RETAIL ASSOCIATION

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VERMONT MEDICAL SOCIETY

VERMONT MEDICAL SOCIETY
www.vtmd.org