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Montana

Montana Small Business Health Insurance




This page:

  • Lists health insurance policy regulations.

  • Describes your insurance rights in Montana.

  • Explains interim health insurance in Montana.

We also have a guide to Montana health insurance for families and individuals.


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Montana health insurance regulations

There are different Montana health insurance laws regarding small businesses or the self-employed. Often these types of health insurance policies are easier to qualify for than an individual health insurance policy, even if you are not in the best of health.

This guide:

  • Describes small business health insurance laws in Montana.

  • Briefly explains self-employed Montana health insurance.

  • Alerts you to a beneficial tax deduction.

Montana small business health insurance regulations

Montana small business health insurance laws require Montana health insurance companies to sell any small business a group health insurance policy. Also, health insurance companies must offer two state standardized plans any eligible Montana small business.

Also, if a small business has 2 to 50 employees they must be offered the same Montana small business health insurance policy sold to other small businesses.

Montana health insurance companies, however, can mandate minimum participation requirements. Under this stipulation, a certain percentage of employees or members must purchase the offered health insurance policy or the entire health insurance policy for the small business will be rescinded.

Furthermore, it may be mandatory that the business owner contributes a specific amount toward his employee's premiums can also be instituted by Montana health insurance companies.

In addition, the price of Montana small business health insurance is only somewhat limited. Premiums for Montana small business health insurance can be more due to the group's health status and risk.

However, as a protection for groups insured under small business health insurance, Montana health insurance regulations due not allow policies to be canceled because one of the insured individuals falls ill.

Self-employed Montana health insurance

States differ in their treatment of self-employed health insurance. As a self employed business owner living in Montana you can not purchase small business health insurance if you have no other employees. Instead you should look into purchasing an individual Montana health insurance policy.

If you are self employed, however, and you purchase your own individual Montana health insurance policy, you can benefit from a large tax deduction. A percentage of your annual Montana health insurance premiums is deductible from your taxes if you choose to itemize. Depending upon the year, you can deduct either 70, 80 or 90 percent of your premiums.

More MT small business health insurance help

If you want more help getting the a good health insurance policy, read our guide to small business health insurance.

To find out more about MT group health insurance laws and regulations, visit the official website of the Montana State Auditor's Office.





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This internet site provides information of a general nature for educational purposes only and is not intended to be legal advice. We make no guarantees as to the validity of the information presented. Your particular facts and circumstances, and changes in the law, must be considered when applying insurance law. You should always consult with a competent insurance professional licensed in your state with respect to your particular situation.