[Music] [Applause] [Music] [Applause] [Music]
hello hello hello this is Tama Peters president and CEO of grow your nonprofit will we help
startup small and stagnant nonprofits grow through fundraising strategy strategic planning
and so much more guys today you're in for a treat I have my special guest Pauline she's back to
continue on about health insurance but with a little twist so if you're self-employed uh you're
a small nonprofit We got the juice for you before we get started I'd like
to thank the sponsors of
my podcast Trinity life Foundation Naples helping atrisk youth through the enrichment program
facts truths they received the Grant from the CDC to raise awareness of Co 19 and vaccine
resources in the black and brown communities Avid that stands for the associations of Haitians
living abroad they open an amazing support center right here in the beautiful Fort Meyers where
they will help you with immigration support utility billing and English as a second language
l
ast but not least best insurance USA your local agency provided through Florida Blue they will
help you with business insurance health insurance life insurance and so much more so guys like
I said my special guest here Pauline how are you doing again Pauline doing fine glad to
be back again good good good so what I like best about your business model is that the last
episode we discussed you called yourself a social entrepreneur what does that mean it means that we
don't do business only fo
r money we do business to serve I have to be able to serve the community
we're doing something that will help them that's what I call myself a social entrepreneur and then
we give back right right give back yeah that you know that's very important because I know when
I worked in uh for-profit and then I worked in government even though I made good money I was
not fulfilled I became fulfilled once I got into recruitment for nonprofit I worked at an abused
women shelter and I also worked at a
free eye clinic where people were going blind and then we
would help them uh rejuvenate their eyesight or treat them and I felt more fulfilled and then I
feel blessed with my um business gr your profit because I get to work with different types of
nonprofits I have for-profit clients but it's all making an impact in and and giving and like
my client's business I treat it like my own and I feel purposeful and everything we do and I
think that's why God put us here on Earth is to serve other
s yes because when you don't you
meet some rich people who are depressed and they have all the money in the world it's because
they they don't have purpose in there maybe they doesn't they don't feel fulfilled or exactly
so you need to whatever you're doing you have not only you have a purpose but you are reaching out
and helping others let's say Insurance to if we put numbers I'm a number person you know I'm an
accountant so if you see how much money you are saving the community let's say
you have 1,000
customers and then um even 100 of them went to the hospital over $100,000 in bills you you you
see like you ow much money you already save your community they would have to be the one own that
money you would have a community in death so when you do that you serve the community and when you
go and explain to them why insurance is important especially for my background I'm Asian background
and then where we come from we come from a public health you go to the hospital they see
you and
you leave but here if they do the same thing they get a bills at the end so you have to be there
telling them hey you need to have insurance even when you go to the hospital they take care of you
but you need that insurance so you don't you don't end up the one owing the money so education
it's extremely important we make it part of our business not only you come we always say I'm
not an agent I'm an insurance health insurance educator educator like I educate you but I'm not
an ag
ent because if you ask me to sell somebody a policy I don't know how to do that right right
right so I can I educate you it's important to have insurance and this is what insurance cover
and allow that person to understand and make their own choices and when people know how to do
that they're not going to buy bad plans the next day because people sometime can get confused and
buy my plane my plane is good my plane is zero but they'll be able to compare why this plane is
good why this plane
is not going to make their own choice yeah I I like that business model that
you're you're not only solving a problem there's a need but you're also educating and educating
is very important another P that I really like about your business is that you saw a need you
you mentioned that you your Haitian descent and you saw um under Ser communi such as the Haitian
and the Hispanic communities not being educated about insurance so which is very important I know
we talked about that in the previ
ous episode this episode we're going to really focus on that
entrepreneur and then that small nonprofit who does not have the budget to offer health insurance
for their employees so there whe there's a will there's a way we the right person here for you
today I just made that up so let's start with entrepreneur because I'm an entrepreneur you're
an entrepreneur I'm an entrepreneur I have a small business maybe it's just me or I have employees
of a f of five people how would you educate me i
n order to protect me cuz as we know one accident
can send you to bankruptcy that could ruin your credit and possibly make it really difficult for
a lot of things so let's talk about how you would help that entrepreneur um with finding I guess the
right health insurance policy for them yeah first of all um great question tamama first of all they
need to know the laws the law the laws is in their side Affordable Care Act it's a law that protect
people that who are self-employed actually what
is that law for because a lot of time they politicize
the law and people don't see the great the juice inside that law that law tells you if you are um
small business you have you cannot afford health insurance for your employees not only you can
go to the marketplace the shop Marketplace the government help you pay health insurance uh
for your employees but if you cannot do that you can actually have someone like me come and
educate your employees and make sure they can get individual ins
urance through the marketplace
the government helped them pay for the insurance there's no reason anymore for anybody to stay
without insurance and you as the entrepreneur you as the owner of the business business that
law is for you protects you because they know how expensive it is to have insurance for yourself
and for your kids the government will help you pay for it what I don't want people to be scared of
some people I make $100,000 I make $2 200,000 I'm not qualified so because reall
y the government
help you base on income so more money you make less help you get from them but the good news is
as an accountant I can tell you the law said also they will only count your net income not your
gross because can make and we know about that net income as social ENT entrepreneurs net income
is actually after all your expenses you can make $200,000 you only make $10,000 profit or you even
negative yeah so so if you the money that you make don't get scared about what you make but
see what
your net income so my suggestion uh you can you can see from your tax return count on your tax
return not the income that you make and look at the uh a business net business income that's the
one you count or you can ask your accountant or CPA to do a profit and loss statement for you
with that profit and loss you can clearly see how much money you'll be making for the year in
the net profit that's what you see that can help you a lot so the difference between you getting
your in
surance by yourself your family $2,000 $3,000 a month to the government helping you and
you pay $500 $600 a month or some people you pay nothing right so all you have to do is contact
someone an agent someone like us and uh that can help you see how you qualified and then how much
money the government can give you how much money you can save yeah so so when you you were having
that conversation I was thinking um having a low net income as a business owner is good until you
get ready to buy
something right so so don't do that just for health insurance and then say if
you your income your your business Nets a large amount don't be afraid of that either because
either you're going to pay now or you're going to pay later so if you're not insured because
of what it might cost you not being insured can be more expensive tell our audience what are
the ramifications of not having health insurance and God forbid you're diagnosed with uh a chronic
disease cancer or or you get in the ca
r accident yes this is white now from what's coming from the
health department um a 3 days s the hospital is at $30,000 without the chonic illness or anything
that's just basic just basic $30,000 to stay in the hospital for 3 days so you can imagine if you
don't have insurance I'm pretty sure most people do not have $330,000 in and the hospital is not in
business to lose money because the hospital again private and it's a business it's not a business
to lose money right right yes so it's a
business because they're not government owned even if
it is non most of the hospital are nonprofit but they are business so they need to make money
to pay the doctors pay the nurses pay the area pay the everything that come with a business to
run they have to pay for it and the way they pay for it is you come get the service you pay them
so when you don't pay them so they send you to credit and I always say something to these people
America the USA the country that we love we live here they
hate people who don't pay the credit the
system hat you you sy punish you punish you hard when you don't pay your bill because of what the
system is built on credit every big company you can imagine depend on credit to function so when
they have a bad apple who's not paying their bills they punish you so you make sure someone else can
look how hard is your life they don't dare to go that rout and that's one thing too when we say
our community suffering a lot of them could have Edge because
of credit and I I participated last
uh um last month doing the hurricane with um fima um not um small business administration is yes
most people here who could have that money they lost the business they couldn't you know why in a
credit credit wow they could have got that money very low interest the government give you very low
interest when it's SBA which is like it's it's so much opportunity when you can get a SBA loan they
couldn't get it they they are victim they didn't have proper in
surance to cover the losses and
they couldn't get the government help because they didn't have credit so credit is extremely
important we think about 70% of people from the minority group don't have insurance because of
medical bills so when we say it's important to be insured and stay insured it is extremely
important because the thing that you're going to lose because you don't have insurance I can't
even put numbers to it cre example you have bad credit because you didn't pay your $30,00
0 bills
at the hospital and you want to buy a car I want to buy Toyota you want to buy to for example
SIM card that's I'm not a to person but um it's $30,000 you pay you paying $40,000 for the car I
pay $40,000 for the car same year same everything you have good credit your monthly payment is 300
my monthly payment is 500 MH I don't have the money that's why my credit is bad but I'm paying
almost double than you because you have good credit we want to go rent a place right now you
go to th
eir apartment you have good credit they even give you one month free they want you because
they know you're going to pay your bills I have bad credit they say they want three that's right
you're higher risk first last security deposit so you see how hard they make your life yes when
you have bad credit and a lot a lot of people have bad credit it's not because they didn't pay
their credit card bills it's not because they bow money they they pay it's medical bills so one
way you can stop tha
t bleeding it's really to have insurance and know that the Affordable Care
Act a lot of people know Obamacare different name but it is the Lord that is there to help you
by insuring the government help you pay for it so you know you pay the government taxes every day
of everything so if they say they're going to help you on something you might take the help and it's
not very complicated it's very straightforward you get a advance premium tax credit when you do
your taxes you do the reconcil
iation is everything false straight you said you are going to make 20
you make 20 everything good they're not going to ask you for a dollar back but if you said you
are going to make 20 you make 30 they might ask you and then they C how much money they're going
to ask you back you have nothing to lose on the other end if you say you are going to make 30 you
make 20 they give you money back M wow if you are paying for your insurance they give you money
back it's a very fair system in Balance
so the risk staying without insurance it's not worth it
it's too high it's too high so so my question to you is I I know when the Obamacare first came
out it was it you know Congress fought it why is why is it that things that could actually help
people why is um the the truth is sort of Twisted and it it it's the connotation is so skewed and
it's it's misinformation and and it's almost like oh welfare we're going to be a socialist society
and and it's totally not true yeah that is not tru
e this is so sad when I see politician use that
People's Health just for them to get two or three people to vote for them that is very sad and then
I go to the re area there are some people if you said Obama Care they don't want itow you have to
say Affordable Care Act because they affordable care it's good I want the government help me pay
for I don't want obare so you can see how far they goes and these people are the one that are most
need for that insurance and they're telling them it's
not good because whatever party that's um
give them that benefit but they don't see how important it is to have that health insurance
so the law Unfortunately they Twisted so much you know you can buy I I am a agent for Florida
Blue exclusive with Florida blue but Florida Blue has any plane that you can buy you have the HMO
plane you have the P plane that PO plane covered you every 50 stat you can TR and still have
coverage and the beauty because you part of the blue course and blue sh net
work if you take
that you want a travel outside of the country you still have coverage almost over 100 some countries
wow so where is the thing where they say that it's socialism you cannot use it no you have so much
Freedom even with the smaller plane that is the cheapest plan in your area you have the right to
choose your doctor so if you say I don't want that doctor most of the U Florida BL I know within 48
Hours 72 hours you change your doctor you can see uh uh another PCP depend what t
ime it is uh on
the month so at least the most it would happen like 30 days for you to change your PCP but some
in some cases 48 hour 72 hours you would have your PCP change to the PCP that is in your network
so why would people think that it's it's PCP primary care provider okay okay yeah so so not
a lot of people might they might not understand our accur provider so another prong that we
we we promise to talk about I bring in a lot of nonprofits in my podcast and I interview them
how doe
s a nonprofit who's small who can't afford to offer health insurance to their employees help
them help their staff who's given so much to help others in the community Through best insurance USA
how could they take advantage of your services in order to offer uh health insurance to their staff
they have two choices as I said the Affordable Care Act has a part for individual it has a part
shop for the small business that the government helped them pay for the for so would you help
them look a
t both and see which is best they yeah they can look at both and see which plans
that going to benefit their employees more but most of the time the individual plans to uh
be more favorable to their employees so they can go that R and help they at least educate the
employees because if you're employer don't offer you insurance you have the right to go to the
marketplace and get insurance and then if they have less than 25 full-time employees they're not
going to be penalized for not offerin
g insurance so the nonprofit is not in the hook because they
don't have 25 uh uh full-time employees in the employee your um job don't offer you Insurance
you can still go to the individual market and get help from the government and pay most of it
if you don't make a lot of money people it's Z doar so $10 20 $30 people don't pay you really
don't pay a lot if you make a lot of money of course the government going to ask you to you know
pay your fair share about 10% of whatever you make but
beside that a lot of people can have a z so
my question to you Pauline I'm very disappointed in you because I want to know where were you when
I was at the particular nonprofit and they didn't have health insurance and my son and I had to go
uh without health insurance and we're on pins and needles and hoping that there were no accidents
or anything going on yes this is that's I'm here am and as I said that's what I don't stop I keep
going to podcast like yours go to other radios go to uh u
m local churches in my area educate because
I still realize still there still a hug 10 years later education miseducation misinformation I
didn't know I could have insurance I don't know a lot of people were losing the Medicaid coverage
because you know through Co from 2000 to 2023 they were not doing redetermination for Medicaid A
lot of people are in the Medicaid but never they never look at again how much money they making
because of fedal help but back in April 2023 FL government said n
o more we're not an emergency
anymore so they're not going to give extra money to the state so State like Florida drop a lot
of people out and those people because they're so used to medicate they take like half hour go oh
they have nowhere else to go but you do if you are Medicaid the government drop you because you not
qualify for Medicaid because you do not qualify for Medicare most likely you qualified for a
Marketplace plane with 0 you will still have um have a plan that probably don't
have deductible
all your preventive uh um care uh covered and you don't have to pay mostly anything if you have to
pay it's very low but you would have the coverage so I always tell people please please please if
you hit poverty be inured ooh I love that you hear that guys if you hate poverty be insured and
Pauline I don't think you're just talking about health insurance there's other insurance period
we're talking about life insurance too because we don't want to we we're tired of Gund Me
es in
our community to pay for funerals we don't need gofundmes we can get insurance and if you get
it actually you should get insurance for your children when they're first born because long
behold if your child is diagnosed with some sort of chronic illness or disease guess what
that's a preexisting condition and they won't even qualify for life insurance and then you quit
for your for your kids I got insur and when the kids are small you know what you don't take
it to pay for the entire
for 100 years that's the mistake too people take when they take life
insurance for their children they do those little plan and you pay $1 $2 that's a mistake you take
a plan where you pay it in 20 years it's almost the same price you finish paying for the interest
in 20 years if you take it while your baby's Baby by the time they go to college the plane is paid
off you can buy up to $100,000 for your kid and then it's paid off every dollar that you put
in there will be sitting there for t
hem with interest and if they have an issue they can take
that money out to pay for a car and borrow the money because it's asset it's not money that you
lose we have to come back this is so juicy Pauline we're definitely going to uh record Another uh
podcast specifically just about life insurance and do you have any brochures because I would love
to have your brochures here when I have guests and if I know they have a small nonprofit We could
provide that to do you have that yes I do I do
have literature I can offer that to I bring some
yeah and and also best insurance USA just came on as a sponsor for grow your nonprofit so I feel
so passionate about this and there's a need I'm going to put add a page on my website specifically
for well insurance with with a tab leading to best insurance because if if a nonprofit does not offer
life insurance or or I'm not saying life insurance insurance to their employees this is a great path
to take so Pauline would you please share with
our audience to to your information your website
to reach out to your staff for a consultation to uh educate themselves this is about education
this is not just about selling you a policy this is about education yes we're telling the um the
audience to be prepared be insured so never think that never take your help for Ed I'm healthy I
don't I'm not going to be going to the hospital one accident can bankrupt you and the only way
you can be prepared it's buy insurance and then having that in
surance give you the guarantee if
you go to the hospital you will get the care if you need to take a medication you can go to
the pharmacy and you'll be able to buy your medication if your health is important to you if
you love yourself and today you don't have health insurance I'm asking you to please reconsider
find a place find someone an AG it doesn't have to be me any agent out there hopefully it's us but
you you talk to us we can explain to you what are your options and then have insu
rance even if you
have insurance with a very high deductible but at least you have insurance because the deductible
limit how much money you spend out of pocket if it's $88,000 that's the most you would have
to take uh to pay for the year so make sure make sure make sure you buy uh a health insurance
and then for us you can visit at the website it's best Insurance usa.net you can call us at 1 80049
971 or visit any of our locations we have offices in Orlando area Central East Coast Three lo
cation
on the east coast and three location on the west coast Fort Myers Le um imar Naples area so visit
our website you will see all those and request for a qut we'll be happy to talk to you over the
phone or sit one in one and explain your choices and you can make the best decision for you and
your family thank you so much Paulie thank you to it was a pleasure yes so I hope that you got
something out of this episode the importance of uh insurance to cover yourself and your family as
an e
ntrepreneur and as a small nonprofit who's not able to afford health insurance for your staff
so like Pauline said even if your deductible is high at $88,000 that's better than that $30,000
base price for hospitalization and that's not including if they need to do surgery or any other
things for for an issue that you may have so I hope that you got something out of this podcast
if you know someone who could benefit please share this particular episode with them please
don't forget to like A
nd subscribe to my YouTube channel stay tuned for more grow your nonprofit
podcast episodes thank you thank [Music] you [Music] [Applause] [Music]
Comments