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health insurance
anyone any sensible ideas on health insurance for a uk family moving to florida on e2 ?
couple late forties, teenage lad ( 15 ) all fit |
Re: health insurance
Originally Posted by england1
(Post 5646905)
anyone any sensible ideas on health insurance for a uk family moving to florida on e2 ?
couple late forties, teenage lad ( 15 ) all fit I have no personal experience - but one person on the forum mentioned http://www.medibroker.com/ |
Re: health insurance
Look into getting extended travel insurance (6 months and above). It was available 4 years ago and we made a claim without any problems.
Until you get a Social Security Number, getting any kind of insurance or credit is virtually imposible. |
Re: health insurance
Originally Posted by floridakiwis
(Post 5647747)
Look into getting extended travel insurance (6 months and above). It was available 4 years ago and we made a claim without any problems.
Until you get a Social Security Number, getting any kind of insurance or credit is virtually imposible. Most require that the trip both begins and ENDS in the UK. |
Re: health insurance
Originally Posted by Tracym
(Post 5647749)
What travel insurance did you use?
Most require that the trip both begins and ENDS in the UK. Keeping in mind that you are getting insurance for catastrophic or at least serious incidents, after which you always have the option of returning home. Without a doubt, insurance here is expensive, and no matter what coverage you do get, a serious illness or incident would be a hefty financial burden (taking into account co-pays & maximum coverage limits etc...) The Medical & Insurance industry is the biggest challenge you will have to overcome in your new venture (Followed closely by a Credit Rating). |
Re: health insurance
Originally Posted by floridakiwis
(Post 5647902)
Sorry... too long ago to recall the name of the agency. And yes, the intended purpose of the travel insurance was for a return trip; however we managed to renew our 3 month coverage to 6 months during our stay no questions asked. We then made a claim near the end of the coverage period without any problems and without returning home.
Keeping in mind that you are getting insurance for catastrophic or at least serious incidents, after which you always have the option of returning home. Without a doubt, insurance here is expensive, and no matter what coverage you do get, a serious illness or incident would be a hefty financial burden (taking into account co-pays & maximum coverage limits etc...) The Medical & Insurance industry is the biggest challenge you will have to overcome in your new venture (Followed closely by a Credit Rating). I had some fun with a UK travel insurance company - they paid, but it took two years and the ombudsman to accomplish it. Even a lawyer was ignored. So I would not trust in that. Also - if something serious happens, they have the right to repatriate you, rather than treat the problem in the U.S. (if you can travel of course). So if you don't WANT to go home.... Bit iffy, imo. |
Re: health insurance
Originally Posted by Tracym
(Post 5647906)
The thing is with travel insurance - make a big claim, and don't return to the UK.... and you might have quite a problem.
I had some fun with a UK travel insurance company - they paid, but it took two years and the ombudsman to accomplish it. Even a lawyer was ignored. So I would not trust in that. Also - if something serious happens, they have the right to repatriate you, rather than treat the problem in the U.S. (if you can travel of course). So if you don't WANT to go home.... Bit iffy, imo. You might well slide by a small claim, a larger one, different situation. |
Re: health insurance
Originally Posted by floridakiwis
(Post 5647747)
Look into getting extended travel insurance (6 months and above). It was available 4 years ago and we made a claim without any problems.
Until you get a Social Security Number, getting any kind of insurance or credit is virtually imposible. |
Re: health insurance
Originally Posted by england1
(Post 5646905)
anyone any sensible ideas on health insurance for a uk family moving to florida on e2 ?
couple late forties, teenage lad ( 15 ) all fit But E2 with kids? Are you nuts? |
Re: health insurance
Originally Posted by england1
(Post 5646905)
anyone any sensible ideas on health insurance for a uk family moving to florida on e2 ?
couple late forties, teenage lad ( 15 ) all fit I wish you lots of luck, you are going to need it. Well, I can recommend this website:-http://www.britishflorida.com take a look on their, there is an insurance broker advertising on there and he's very helpful. V. expensive, and the insurance companies will do all they can to tell you that something is not covered when it is, so beware. The dental is v. expensive, cost me $700.00 for my child to have 2 fillings without insurance. You will need to get used to having a fear of becoming sick or ill, because if you do then it's big stress here even with health insurance. Also, be careful where you buy a property, make sure the schools are A graded, look on www.greatschools.net and any schools graded A you know you'll be safe with. Here in Orlando Schools are either A or D, seems to be no inbetween. Most people who we have met since we came here have been through tons of stress getting and trying to keep their E2 visa. It's not to be taken lightly at all. We are lucky because we got our green card through the diversity lottery, BUT, I say lucky, but at the moment we don't feel that way. It's a struggle to live here with or without a green card. Crime is very high and people who live here, for the most part are miserable and unfriendly. All I can say is watch your back, there's lot of rip of merchants around. Don't trust people easily, as there's people here to make money off you, big time, each and every way you turn. I wish I had this advice before we came here, not that we've ripped off, because we haven't but we know of plenty of people who have. Good luck and stay strong, you'll need your strength. Please feel free to pm me if you need to know the realistic side of living in Orlando area. |
Re: health insurance
Originally Posted by michmel
(Post 5649471)
I wish you lots of luck, you are going to need it. Well, I can recommend this website:-http://www.britishflorida.com
take a look on their, there is an insurance broker advertising on there and he's very helpful. V. expensive, and the insurance companies will do all they can to tell you that something is not covered when it is, so beware. The dental is v. expensive, cost me $700.00 for my child to have 2 fillings without insurance. You will need to get used to having a fear of becoming sick or ill, because if you do then it's big stress here even with health insurance. Also, be careful where you buy a property, make sure the schools are A graded, look on www.greatschools.net and any schools graded A you know you'll be safe with. Here in Orlando Schools are either A or D, seems to be no inbetween. Most people who we have met since we came here have been through tons of stress getting and trying to keep their E2 visa. It's not to be taken lightly at all. We are lucky because we got our green card through the diversity lottery, BUT, I say lucky, but at the moment we don't feel that way. It's a struggle to live here with or without a green card. Crime is very high and people who live here, for the most part are miserable and unfriendly. All I can say is watch your back, there's lot of rip of merchants around. Don't trust people easily, as there's people here to make money off you, big time, each and every way you turn. I wish I had this advice before we came here, not that we've ripped off, because we haven't but we know of plenty of people who have. Good luck and stay strong, you'll need your strength. Please feel free to pm me if you need to know the realistic side of living in Orlando area. The grass is always greener on the other side of the fence... until you have to cut it. Just don't burn your bridges until you really know what you are getting into. |
Re: health insurance
I'm gathering you are buying a company or creating one. My advice would be something along these lines:
a) get some temporary travel insurance to cover you from moment one off the plane until say 60-90 days. b) when your new company is formed (LLC?) or whatever, taken on a payroll processing service to handle the payroll (Paychex, ADP, or even your bank perhaps). As part of their services, they often offer bundled health care options (i.e. what is called a buffet plan) that you can then choose to offer to all your 'employees', including yourself and family. You'll get a better rate if you are a small business rather than an individual. I'm not sure what your business is going to be, but it will probably be wise to set up an LLC (Limited Liability Corporation) as an entity for the company. This way you avoid some tax issues, and far more importantly, some legal liability issues (guy slips on the floor, sues you, but if you have an LLC, he can't take your house, car, etc). If you have an LLC set up, you also avoid the issue of double taxation (i.e. there are no taxes on the 'entity'--the income passes through to you and you pay your normal income tax). In addition, I think if you have the LLC pay for the health insurance for employees (or a certain amount) than that would go as a business expense against the LLC. If you pay for the insurance yourself, that is an after tax expense (i.e. you pay your income tax, and with the remainder you have to buy insurance). Nice way to help lower the cost (though not entirely sure on that). But for liability reasons alone, the LLC paperwork is worth its weight in gold.. |
Re: health insurance
Originally Posted by penguinsix
(Post 5649791)
I'm gathering you are buying a company or creating one. My advice would be something along these lines:
a) get some temporary travel insurance to cover you from moment one off the plane until say 60-90 days. b) when your new company is formed (LLC?) or whatever, taken on a payroll processing service to handle the payroll (Paychex, ADP, or even your bank perhaps). As part of their services, they often offer bundled health care options (i.e. what is called a buffet plan) that you can then choose to offer to all your 'employees', including yourself and family. You'll get a better rate if you are a small business rather than an individual. I'm not sure what your business is going to be, but it will probably be wise to set up an LLC (Limited Liability Corporation) as an entity for the company. This way you avoid some tax issues, and far more importantly, some legal liability issues (guy slips on the floor, sues you, but if you have an LLC, he can't take your house, car, etc). If you have an LLC set up, you also avoid the issue of double taxation (i.e. there are no taxes on the 'entity'--the income passes through to you and you pay your normal income tax). In addition, I think if you have the LLC pay for the health insurance for employees (or a certain amount) than that would go as a business expense against the LLC. If you pay for the insurance yourself, that is an after tax expense (i.e. you pay your income tax, and with the remainder you have to buy insurance). Nice way to help lower the cost (though not entirely sure on that). But for liability reasons alone, the LLC paperwork is worth its weight in gold.. But I am sure Business Formation has been covered as part of their E2 application. |
Re: health insurance
Originally Posted by penguinsix
(Post 5649791)
I'm gathering you are buying a company or creating one. My advice would be something along these lines:
a) get some temporary travel insurance to cover you from moment one off the plane until say 60-90 days. b) when your new company is formed (LLC?) or whatever, taken on a payroll processing service to handle the payroll (Paychex, ADP, or even your bank perhaps). As part of their services, they often offer bundled health care options (i.e. what is called a buffet plan) that you can then choose to offer to all your 'employees', including yourself and family. You'll get a better rate if you are a small business rather than an individual. I'm not sure what your business is going to be, but it will probably be wise to set up an LLC (Limited Liability Corporation) as an entity for the company. This way you avoid some tax issues, and far more importantly, some legal liability issues (guy slips on the floor, sues you, but if you have an LLC, he can't take your house, car, etc). If you have an LLC set up, you also avoid the issue of double taxation (i.e. there are no taxes on the 'entity'--the income passes through to you and you pay your normal income tax). In addition, I think if you have the LLC pay for the health insurance for employees (or a certain amount) than that would go as a business expense against the LLC. If you pay for the insurance yourself, that is an after tax expense (i.e. you pay your income tax, and with the remainder you have to buy insurance). Nice way to help lower the cost (though not entirely sure on that). But for liability reasons alone, the LLC paperwork is worth its weight in gold.. If they get hurt/ill, do what? Go back to the UK? |
Re: health insurance
Originally Posted by Boiler
(Post 5649819)
LLC can be a bit of a PITA from a tax perspective as they will not be able to elect to file as a S Corp.
Are you saying an LLC doesn't have pass through taxation if the owners are not US Citizens? Haven't heard that. LLC paperwork is minimal. I've formed an LLC with three sentences (not even a paragraph). |
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