Individual / Solo Plans
Individual plans are offered by several insurers. While not as comprehensive as typical group plans, there is still good coverage available for individuals and their dependents.
These type of plans are ideal for sole proprietors as the premiums paid may be deducted as a taxable business expense. There are often various levels of coverage available as well. With the more coverage being offered, the more expensive the premiums are.
For individual business owners, personal plans can also be used in concert with a Cost Plus plan to reimburse the expenses not covered under the solo plan. It is recommended you speak with an accountant to determine what set up is most tax effective for you.