HEALTH INSURANCE NEWS & HELPFUL INFORMATION
SELF-EMPLOYED HEALTH INSURANCE
- Buy a short-term plan
While not the best solution, a short-term plan will at least give you coverage and provide what is often a more affordable premium than a long-term, comprehensive package.
- Seek out your associates
Some professional associations have group coverage. The plans might not be the best or offer the widest range of coverage but it’s better than nothing and will take you through an emergency.
- Shop for an affordable online quote
Make use of one of the sites which allow you to shop across several different providers at the same time in order to find the most competitive prices.
- Use your health plan as a tax deduction
Self-employed individuals are eligible to use their health insurance payments as a deduction on savings. This might just give enough of a cost savings or refund to help pay another premium or two.
- Start a health savings account
These new accounts will give you tax-free savings while also allowing you to put aside money for medical emergencies. With a health savings account, you might be able to take a health plan with a higher deductible and thereby reduce the cost of your premium.
It’s not an easy road to get and keep health insurance but making the effort will help you to rest easy knowing you’re prepared with coverage in the event of an accident, illness, or injury. If you don’t think you can afford health coverage, you better think twice because the pitfalls of going without health insurance come at a high price to you, your bank account and your well-being.
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