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Ask HN: Health insurance options for founders while bootstrapping

10 pointsby recmendover 8 years ago
Does anyone have any recommendations on health insurance for founding team of two? We&#x27;re based in California and currently bootstrapping the company.<p>We looked at Covered California and heard we might also qualify for medicare. Any links or resources for us to get started?

4 comments

tptacekover 8 years ago
Go to CA Marketplace and get the highest-deductible plan you can find (it will be the cheapest plan as well). You&#x27;ll be paying out-of-pocket for your doctor visits, but that&#x27;s what you want to be doing: the plans that meaningfully offset routine medical costs <i>cost more</i> than you&#x27;d pay just doing it out of pocket.<p>If you&#x27;re both male and you have no prior health history of any sort, you can also go direct to Kaiser, Anthem, Blue Cross, &amp;c and buy private insurance. There will be a medical questionnaire to fill out, and it&#x27;ll take a little while to be approved, but it will ultimately be cheaper than the marketplace plan.<p>However you do it, do it carefully and follow up with your provider to make sure you&#x27;re enrolled properly. Ours screwed up a bunch of stuff (both enrollment and billing) and we have some horror stories about the results.
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cylinderover 8 years ago
Head to the CA healthcare marketplace site, go through the enrollment form. List your income as what it is ($0?) right now. It will tell you what you qualify for. In NY, I got a better plan than when I was employed and it&#x27;s free, with no copays or deductibles either.<p>Everything goes through the healthcare exchanges now. Just go through that process.<p>If you&#x27;re both young and healthy, don&#x27;t have spouses and&#x2F;or children, I would recommend just getting a catastrophic plan for now.
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dragonwriterover 8 years ago
&gt; We looked at Covered California and heard we might also qualify for medicare.<p>Unless you are a senior, you probably don&#x27;t qualify for Medicare. You may qualify for Medi-Cal (California&#x27;s Medicaid plan), which is a <i>very</i> different thing.<p>Covered California should identify any eligibility for either Medi-Cal or Covered CA exchange-plan subsidies.
redtextureover 8 years ago
What fails about the information that is provided by <a href="http:&#x2F;&#x2F;www.coveredca.com&#x2F;" rel="nofollow">http:&#x2F;&#x2F;www.coveredca.com&#x2F;</a>