By KELLY GREENE from The Wall Street Journal Wednesday May 27, 2009
People who have lost their employer-provided health insurance because of a layoff, early retirement or other reasons are turning to a little-known strategy to get coverage: forming a small business, or using an existing one, to buy a group policy.
The strategy is used by groups as small as one person, and is particularly useful for people with chronic health problems -- so-called pre-existing conditions -- that insurers refuse to cover or that result in steep premiums. Group health plans, under federal law, are required to cover such conditions, as long as the individual doesn't go uncovered for more than 63 days.
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