Health/Medical Insurance for Piano Techs?

[Tom Servinsky]

Dittos,
Can't agree more.
We just signed up for the MSA account and the offerings, especially if you
are basically healthy, will leave more money in your pocket.
For those who are not aware of the MSA,this was Congress's attempt to give
control the individual the opportunity  manage their own healthcare.  It's
not a perfect situation but it's pretty darn close.
You are allowed to put up to $300/monthly ( $3600) with the addition of the
premium ( ours is $1300 quarterly, family of 6). Altogether we'll pay an
average of $650/month. You are given a plastic debit card which works very
much like a VISA card.
The big difference between most health insurance plans and the MSA is the
MSA covers anything related to health related expenditures. Dental, eye
care, health care...it doesn't matter, providing you have enough reserve
built up in your account.
Remember these are all tax free contributions and the account will resemble
much like an IRA account.
Give Congress credit for designing a plan that gives the power back to the
user.
Tom Servinsky,RPT
----- Original Message -----
From: "Greg Newell" <gnewell@ameritech.net>
To: <pianotech@ptg.org>
Sent: Friday, April 12, 2002 11:42 AM
Subject: Re: Health/Medical Insurance for Piano Techs?


> Check with your local insurance agent to see if they can handle an MSA
> (Medical Savings Account) . You'll end up paying about the sam but part of
> the money is yours to use on medically related expenses. Have them explain
> it all to you. They can do it better than I can. I think the best company
to
> have one with is Golden Rule. The portion of the premium that is yours is
> put in an interest bearing account with checks you can use. Remember the
> overall payment is the same as everybody else but in this case some of it
is
> yours!
>
> Greg
>
> Richard Oliver Snelson wrote:
>
> > I have a 55 lady (smoker/my wife's sister) who wishes to learn the piano
> > tuning and repair business. I have checked on getting health insurance
> > for her and got a large wakeup. So for it looks like $550 to $700 a
> > month for basic coverage.
> >
> > What are you folks doing, that must provide your own health insurance?
> > I have a wife that teaches school and is covered there. I'm over 65 and
> > have coverage. I had no idea that the costs were so high! How do folks
> > manage this. This is a real deterrent to someone wanting to go into
> > business for themselves.
> > Richard Snelson
> > Oliver Piano Service
>
> --
> Greg Newell
> mailto:gnewell@ameritech.net
>
>