Originally Posted by FunForOne

mega life has some big gaps you dont find out about until you make a claim.

Alot of their deductibles are spread out on different services. They then make you satisfy the deductible each occurence instead of yearly. There low premium is directly related to not having to pay any claims. Read the fine print.


Also, true group coverage does not allow small companies to let their employees choose different coverages. That would be considered a "list bill" coverage which falls different than the advantages of group coverage. Ex) Group coverages are required to cover maternity, alcohol and drug abuse treatments. Those are additional costs on individual policies.


Best thing for a self employed person to do is buy a high deductible HSA plan. Your broker won't tell you about it unless you ask because it fairly inexpensive. Get tax advantages with the HSA plan and you benefit if you stay relatively healthy.