The Affordable Care Act was passed in 2010 so that more people could get health insurance. Prior to that most people who had pre-existing conditions were not eligible to be insured, and if by some remote chance they were it was usually too expensive to be worth it. But this act, also known as Obamacare, has opened the door for so many people who otherwise would still not be able to secure health insurance.
As part of the Healthcare Act a program was developed that would give small businesses the chance to purchase health insurance that was actually affordable. Healthy New York is open to companies that employ 50 or less people. The owners of the company can sign up for this coverage through the Marketplace website (look for the small business options).
As of last year, sole proprietors and individuals who work on their own are no longer eligible for the Healthy New York program. They are able to apply for insurance on their own through the Marketplace for the State of New York.
There are stipulations that must be met in order for small businesses to qualify for this type of insurance. The provisions that must be met can be found on the State of New York website. The insurance package covers:
- Doctor visits – primary care as well as specialists
- Emergency rooms
- Urgent Care visits
- Preventive care – regular yearly visits, annual screenings, etc.
- Inpatient services
- Mental Health services including rehabilitation for substance abuse
- Prescription medications
- Pediatric Wellness programs as well as vision
It’s easy to apply and there are a host of nationally recognized New York health insurance companies who are vying for your business.
The insurance will cover all employees and this includes the owner of the company; the spouse of each employee, both regular and same-sex marriages, as long as they are living in the same household; and children until they reach 26 years of age.
If you have a small company and have never been able to offer New York health insurance to your employees because of the cost you should definitely check out Healthy New York. If you meet the qualifications you could find yourself finally covered by New York health insurance before you know it. Not having the right coverage for you and your family just costs you more in the long run and it can do damage to your credit rating that could take a long time to correct.