As a 1099 independent contractor it is difficult to find affordable comprehensive medical insurance and other employee benefits. Working with My Financial Coach and Milton Park Partners we have produced a solution that has saved people on average 30% on medical insurance coverage. The program is for full time or part time physicians (no hours required).
Which Option Is Right For You?
Milton Park Partners (MPP) enables small businesses to enjoy the employee welfare benefits and human resources advantages of large Fortune 500 companies. MPP aggregates employees from many small companies (with one or more employees) into a single large “outsourced company”. This is an innovative employment model wherein MPP becomes the “employer of record and administrator” of employees.
- Payroll & Workers Compensation pay as you go
- Major Medical Health Insurance/HSA plans
- Dental Insurance
- Vision insurance
- Life Insurance
- Allstate ID Theft
- HR administration
- My Financial Coach – Financial Planning by a CFP® at a discounted rate (just $100/mo)
See the Rates for more information
MPP Benefit Solutions, LP is a Limited Partnership for Professional Self-Employed Contractors. If you are struggling to find affordable health benefits, this program will allow you to partner with MPP Benefit Solutions, LP and take advantage of their national group benefits program and services. You will be able to choose your benefits and pick the health plan that best suits your family needs.
- Major Medical Health Insurance/HSA plans
- Dental Insurance
- Vision
- Allstate ID Theft included
- My Financial Coach – Financial Planning by a CFP® at a discounted rate (just $100/mo)
The process is an online Application & Medical Health Questionnaires for approval. This process should be completed within 36 to 48 hours. Once approved, you will be emailed the proposal and the Limited Partnership agreement from MPP Benefit Solutions, LP.
What is the Cost?
- An initial capital contribution of $2,000 to become a partner. This Capital investment is refundable, minus some annual accounting and K1 fees.
- On approximately the 1st of each month, your payment will be automatically drawn by an ACH draft from your bank account, for the benefits chosen and the $120.00 administration fee. You will also receive an ACH Bank Authorization form for the account you would like us to deduct your payments from.
See the Rates for more information
A CFP®, working with any other financial professionals you currently have in legal, accounting, tax, retirement planning etc., can help explore other options and create an overall financial plan. The coaches at My Financial Coach will help you understand Milton Park Partner’s benefits (HSAs, deferred compensation plans, stock options) so you can best use these benefits to your advantage in your specific situation!