Is the Good Karma Program only available on group health insurance policies?

No. The Good Karma Program extends to all family and individual health insurance policies as well.

What exactly is "Good Karma?" How does the Good Karma Program produce Good Karma?

The term Karma, when literally translated, means, "To do." More completely, Karma is intentional and willful action (including thought) of two categories, skillful and wholesome, versus unskillful and unwholesome. Karmic law explains that the end result, or fruit, of any action is a direct response to the intentional action itself. The Good Karma Program produces Good Karma for our clients because it allows them to be a part of a skillful and wholesome intentional act to support the progressive movement of society.

What does the Good Karma Program cost me?

The Good Karma Program costs our clients nothing. If you already have a health insurance policy and you change your Broker of Record to Stepping Stone, 1% of the premium you are already paying for your current health insurance policy is paid to the Good Karma Program Partner of your choice. If you purchase an individual health insurance policy or group health insurance policy through Stepping Stone, you receive the lowest rates available, receive friendly and expert customer service paying no more for your policy than you would elsewhere, and 1% of your health insurance premium is paid to the Good Karma Program Partner of your choice.

Can I deduct the Good Karma Donation from my income tax?

No. Good Karma donations are made on your behalf by Stepping Stone Insurance Services. However, notification is sent to the Good Karma Partner detailing who has selected their organization for this program and what the quarterly contribution from that business or individual is.

Do I have to buy my insurance through you in order to be eligible to make a Good Karma donation?

Stepping Stone Insurance Services must be your Broker of Record on your health insurance policy. On a group health insurance policy, this is easily changed through submission of a Broker of Record change letter to your insurance carrier. Our website provides a sample BROKER OF RECORD LETTER. Changing the Broker on an individual health insurance policy can be more difficult. Please contact us if you have an individual health insurance policy that you would like to change and we will do our best to assist you.

What is a Broker of Record Letter? How does it affect my employee's insurance?

A BROKER OF RECORD LETTER is a letter to your insurance carrier that allows the transfer of your servicing agent on your policy to a selected new broker. The change of broker is effective the first of the month following receipt of the letter by your insurance carrier. This change does not affect your benefits, rates, or any other aspect of your health insurance policy.

How often are donations made to your Good Karma Program Partners?

Donations payouts are made on a quarterly basis; March, June, September and December.

Do you have a question about our Good Karma Program? Use the form below: