Whoever you are, I bet you can't beat the prices on the MSA qualified plan I
sell in Florida.

RSHaas

The Nevada State Chess Association, Inc offered its members health insurance
at group rates for the first time in 1996.

To the best of my knowledge, no one wanted it.

Tom Klem

"RSHaas" wrote in message
...
Whoever you are, I bet you can't beat the prices on the MSA qualified plan
I
sell in Florida.

RSHaas

"The Nevada State Chess Association, Inc offered its members health insurance
at group rates for the first time in 1996.
To the best of my knowledge, no one wanted it." (Tom Klem)
================
Real major medical coverage or some $9.95 a month cheapo discount plan that
are a dime a dozen on the internet?
Regarding group rates: If Nevada is a "guarantee issue" state, like
Florida, group health insurance will be a lot more expensive than individual
private health insurance.
See next...

RSHaas

Here's a slick deal that I do in Florida, a guaranteed issue state where
employer sponsored group health insurance is sky high.
I can list bill a Medical Savings Account qualified plan for an employee
group. The employees pay for the insurance component by payroll deduction with
or without a section 125. The rates are low. For example in the 342-- zips a
38 year old male employee with an entire family would pay $268.90 per month..
with a single $3350 deductible shared by all family members and a 100%
coinsurance thereafter. As a benefit for the employees, the employer could
make the optional contribution to the medical saving account up to $209.37 per
month. That money belongs to the employee and it pays 5% while in the account.
If the employee has not drained the savings account to pay for the "small
stuff" he can leave the money on deposit, take it as a bonus, or use it to pay
against the insurance component. Because the employee is not self-employed
he is not taking the contributions as a tax deductible item and therefore can
access the money for any purpose without the penalty that a self-employed
person would incur.
It is a great way to beat expensive group rates. For many Florida small
businesses it is the only way to insure their employees.

RSHaas

By the way... had USCF moved to Florida I had planned to approach them with
the list billed MSA deal. Chess HQ would have blanched at the group health
insurance rates they'd encounter in Palm Beach Gardens.
Old Haasie's deal would have saved them thousands of dollars.

Old Haasie

Real major medical coverage!

I'm a little short on the details, after all this time, but as I recall it
was a policy issued by either Aetna or Cigna, and had great major medical
benefits. There were the usual add ons, Cobra, LTD and STD, but I'm not
licensed to sell insurance in the State of Nevada, so I really don't think
I'm qualified to discuss all the details anyway.

We never would have offered "some $9.95 a month cheapo" to our friends and
neighbors.

Tom Klem


"RSHaas" wrote in message
...
"The Nevada State Chess Association, Inc offered its members health
insurance
at group rates for the first time in 1996.
To the best of my knowledge, no one wanted it." (Tom Klem)
================
Real major medical coverage or some $9.95 a month cheapo discount plan
that
are a dime a dozen on the internet?
Regarding group rates: If Nevada is a "guarantee issue" state, like
Florida, group health insurance will be a lot more expensive than
individual
private health insurance.
See next...

RSHaas

"... but as I recall it was a policy issued by either Aetna or Cigna, and had
great major medical benefits." (Tom Klem)
===========
Yes, if it was Aetna or Cignal there would have been good benefits.
But how could a mere state chess federation pay the premiums? Or would the
members themselves pay the premiums?

RSHaas

Subject: FREE INSTANT ON-LINE HEALTH PLAN QUOTES
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Lines: 20
X-Admin:
From: (RSHaas)
Newsgroups: rec.games.chess.politics
Date: 07 Nov 2003 07:43:39 GMT
References:
Organization: AOL http://www.aol.com
Message-ID:



Here's a slick deal that I do in Florida, a guaranteed issue state where
employer sponsored group health insurance is sky high.
I can list bill a Medical Savings Account qualified plan for an employee
group. The employees pay for the insurance component by payroll deduction
with
or without a section 125. The rates are low. For example in the 342-- zips
a
38 year old male employee with an entire family would pay $268.90 per month..
with a single $3350 deductible shared by all family members and a 100%
coinsurance thereafter. As a benefit for the employees, the employer could
make the optional contribution to the medical saving account up to $209.37
per
month. That money belongs to the employee and it pays 5% while in the
account.
If the employee has not drained the savings account to pay for the "small
stuff" he can leave the money on deposit, take it as a bonus, or use it to
pay
against the insurance component. Because the employee is not
self-employed
he is not taking the contributions as a tax deductible item and therefore can
access the money for any purpose without the penalty that a self-employed
person would incur.
It is a great way to beat expensive group rates. For many Florida small
businesses it is the only way to insure their employees.

RSHaas

Wow! I'm not saying there's anything wrong with your approach or that the
alternative of no coverage is better, but that deductible is a kick in the
balls. If I read you right, even if the employer makes the full contribution to
the MSA, that 38 year old male will pay around $4,000 OOP before the plan
starts to pay; easily one short-term hospital stay. Please correct me if I am
wrong about this.


Tony D.

Wow! I'm not saying there's anything wrong with your approach or that the
alternative of no coverage is better, but that deductible is a kick in the
balls. If I read you right, even if the employer makes the full contribution to
the MSA, that 38 year old male will pay around $4,000 OOP before the plan
starts to pay; easily one short-term hospital stay. Please correct me if I am
wrong about this. (Tony D.)
==============
The employee deals with his $3350 deductible first with whatever balance is
in his medical savings account. The employee can optionally purchase (one time
only) a hospital indemnity rider that covers most of his deductible over 15
months. Cost is $65 once only.
Note that family and spousal plans have only one deductible shared by
everyone in the plan, not one each. There is also a cheaper $5050 deductible
choice with a higher max on the contribution to the savings account.

RSHaas

"RSHaas" wrote in message
...
"... but as I recall it was a policy issued by either Aetna or Cigna, and
had
great major medical benefits." (Tom Klem)
===========
Yes, if it was Aetna or Cignal there would have been good benefits.
But how could a mere state chess federation pay the premiums? Or
would the
members themselves pay the premiums?

RSHaas

We had a deal with another large group that wanted to grow its members
rolls. We provided the members, who paid their own premiums, and we never
expected, or asked for a cent in return. We were simply attempting to
provide a benefit to a rare, endangered species in our state. A talented,
interested, Chess player.

The entire deal was handled by a large brokerage house at no cost to either
us, or the members.

Tom Klem