He was one of those self employed entrepreneurs who really cared for his employees. The small business was running fine. Victor had 35 employees on the payroll. Everything was in order with the exception that the employees were not covered by a guaranteed acceptance health plan.
He realized the necessity of covering employees by a guaranteed acceptance plan when one of the employees, Saunders, fell ill. Under existing labor laws, the employer was responsible for meeting the expenses of medical treatment for Saunders. Victor was in shock when he received the medical bill. It was a staggering $9,000 . This was quite a large sum for a small businessman.
The situation could have easily been taken care of had Saunders been covered by the guaranteed acceptance health plan. Such a situation was likely to recur when another employee suffered health ailments. In the meantime, none of the employees were covered by the guaranteed acceptance health plan.
He knew that there would be a way out. He desperately searched for an agency that would provide coverage by the guaranteed acceptance health plan. But he was shocked when agency after agency refused to cover Victor or his employees. Without insurance coverage, the huge medical bills were constantly putting his business at risk