Whatever it's called, I am eligible for the coverage I have because of membership in the Chamber. Ed ----- Original Message ----- From: "Jan Werner" <jwerner at jwdp.com> To: "Edbride-PR" <Ed at edbride-pr.com> Cc: "'Tom / Reelife Productions'" <tomadams at gmail.com>; "'Hidden-Tech Tech'" <hidden-discuss at lists.hidden-tech.net> Sent: Thursday, September 17, 2009 2:48 PM Subject: Re: [Hidden-tech] found the answer > That hasn't been true for many years in Massachusetts. > > Membership in a Chamber of Commerce or other affinity group does not > qualify for group insurance in Massachusetts, a sore point that came up > often when I was on the Government Relations Committee of the Berkshire > Chamber, and something that business groups have long been trying to > reverse, without success. > > There are insurance purchasing outfits that require you to be a member of > such a group to use their services (e.g., Northeast Business Trust, from > whom I used to get my insurance) but under the current MA health insurance > laws, they don't offer any advantage, and, as I discovered in researching > the matter, tend to offer less value than you can get by purchasing > directly from insurers like BCBSMA or Tufts as an individual. > > That said, the insurers conduct a real shell game by offering a vast > number of plans using all kinds of different combinations of copays, > deductibles and other options. This makes it nearly impossible to compare > plans directly. I ended up building a spreadsheet model and running > what-if scenarios to make an informed choice, but I don't think most > people have the know-how (or time) to do that kind of thing. > > As to the original question, a self-employed individual who files a > Schedule C and reports a profit can deduct up to the amount of that profit > minus 1/2 their SE tax on line 29 of their 1040, if he/she does not > qualify for coverage under someone else's plan. Your spouse's insurance > will also qualify if she/he is a co-owner of the business. > > Also, if you are both owner/employees of the business, you can get two > individual plans, which is less expensive than a family plan if you have > no other dependents. > > Jan Werner