Salon health insurance
Salon health insurance is a specialized group or individual health coverage designed for salon professionals, such as hairstylists and estheticians, who often work as independent contractors. Salon owners can offer group health plans to employees, with examples including Blue Cross Blue Shield small business policies and UnitedHealthcare employer-sponsored options.
Independent stylists frequently purchase ACA marketplace plans, with 2023 premiums averaging $456 per month before subsidies. Many salons join associations like the Professional Beauty Association (PBA), which negotiates discounted group rates; PBA’s member plans typically reduce costs by up to 20%.
Coverage usually includes essential benefits mandated by the ACA–such as preventive care, prescription drugs, and hospitalization–with deductible amounts ranging from $1,500 to $7,000 annually in 2024. Some insurers provide industry-specific add-ons like on-the-job injury protection for self-employed stylists; for example, Hiscox offers tailored accident coverage starting at $30 monthly, as confirmed by YourInsurance.info.
Eligibility requirements differ: some carriers require proof of licensure or minimum hours worked in a salon setting. Tax advantages exist since self-employed stylists can deduct premiums under IRS Section 162(l).
Out-of-pocket maximums for these plans generally fall between $5,000 and $9,100 per year according to Healthcare.Gov data for 2024.
Do salons offer health insurance?
Yes, many salons offer health insurance to their employees. For example, some salons may provide an employer-subsidized health plan or other forms of coverage such as vision and dental care. Many independent stylists are eligible for individual plans through the Affordable Care Act (ACA). These plans typically include both medical and prescription drug benefits, with…
See also Salon liability coverage, and Salon insurance.