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NH Health Insurance Options for the Self-Employed

Written by April Weismann on 10/03/2019 11:37 AM in Health Insurance.

health insurance

If you are self-employed, you may be limited in what is available to you for health insurance plans.  Here is a quick overview of your NH health insurance options if you are self-employed.

Can I have a NH group health insurance plan if I am self-employed?

Like most things in insurance, the answer is maybe.  Your business could qualify for a group medical plan in New Hampshire if you have at least one full-time employee who is not your spouse.  If you don't have any employees beyond you and/or your spouse, you would need to obtain an individual or family insurance policy.

When Can I Buy a NH Group Insurance Plan?

If you have at least one full-time employee, you can obtain a group health insurance policy at any time, pending underwriting review.

What if I am self-employed and don't have any employees?

If you are self-employed without employees, you are limited to the individual health insurance market; however, enrollment may be limited to the open enrollment window of November 1st - December 15th.  At this time, the only exception to this enrollment period is if you have qualifying life event such as:

  • Loss of health coverage due to employment
  • Change in the household such as getting married or divorced
  • Move out-of-state

For more specific information, please visit Healthcare.gov.

What if I am a subcontractor, can I get NH health insurance?

Again, assuming you don't have any full-time employees, you may apply for individual health insurance during open enrollment unless a qualifying event occurs.

What if my business has a group health insurance plan, but I need to let all employees go?

You can only qualify for group health insurance if you have employees on the payroll.  If not, your health insurance plan will be non-rewed.

How do I buy NH health insurance?

If you qualify for a group health insurance plan, please contact HPM Insurance.  Our professional agents are ready to find the best plan for you and your employees.  

If you need individual or family health insurance in NH between November 1st and December 15th, our health insurance agents are available to help you through the enrollment process and answer any questions you may have.

If you need an individual or family health insurance plan outside "open enrollment" of November 1st - December 15th, please visit HealthCare.gov.  This site can easily provide you the most up-to-date information you need to better understand your healthcare coverage options.

Stay healthy!

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