Unknown to many a Michigan sole proprietor, BCBS of Michigan offers One Subscriber Group health insurance (OSG).  That’s right if you are a solopreneur, you can get individual group health insurance coverage for one.

To qualify for individual coverage you must be either a sole proprietorship (One Subscriber Group) or as an employee of a company who is the only person (Group of One) that needs health insurance coverage.

What the heck is a One Subscriber Group (OSG)?

Best defined as an individual who is a sole proprietor or owner (shareholder) of a Michigan based business.  You must be a Michigan resident.  You do not have any eligible employees who work on a full time basis with a normal work week of 30 or more hours, who do not contribute towards any heath insurance coverage.

That’s fine, How about Group of One?

A GOO or group of one is an employee of a Michigan based company who works on a full time basis with a work week consisting of 30 or more hours and is the only person in the company who is seeking employer paid health insurance coverage.

What kind of stuff do I need to qualify?

Great question.  If you are a OSG / One-Subscriber Group – Sole Proprietor with only one eligible subscriber / owner you need the following:

• Group Enrollment & Coverage Agreement
• Enrollment Application
• Group Underwriting Roster
• Tax Documentation
• Copy of Proprosal
• Check for first month’s premium

For a Group of One ( GOO )

• Group Enrollment & Coverage Agreement
• Enrollment Application
• Group Underwriting Roster
• Federal Tax ID Number proof (must be printed)
• Copy of Proposal
• Check for first month’s premium
• MESC Wage Detail Report for most recent quarter (must be signed by owner)
  • If business is new – a detailed payroll is required
  • If business is new and has no payroll – W4 (s) required for everyone (including waivers)

If you have questions or require a copy of the required forms please contact us at broker[at]mymichiganhealth.com or toll free 888.320.5388

Tags: BCBSM, Blue Cross Blue Shield of Michigan, health insurance, individual, Insurance, Michigan, Michigan Health Insurance