Self-Employed Workers Need Insurance
Self-employment can be a great time for someone wanting to #Work
for themselves and not have to punch a time clock or answer to someone else’s
It also presents some challenges that need to be addressed.
Health insurance is something that all people need to think about. When you’re
self-employed, it can be very difficult to find a good health insurance plan.
In the US, there are more than 40 million people classed as
The Affordable Care Act is now in effect and it’s mandatory for
millions of self-employed people that don’t have a health insurance plan to either
obtain one or pay annual fees for not having insurance. Health Insurance is a
necessary investment especially for those who may have chronic illnesses or
family to think about. There are thousands of health plans to choose from and deciding
where to purchase a plan or what to include in a policy can be very confusing.
Laid off or Retired?
Many people have been laid off from permanent
employment due to the economy in recent years. For some people, they may be
able to remain on the company health policy that they had through a previous
employer yet they will have to pay a much higher monthly rate than when they
For retirees, many companies will offer health insurance after
retirement but the pricing is usually far higher than they were paying when
employed. Usually when someone retires, their health benefits seemingly retire
those who are self-employed but have a spouse who works and is able to get a
family health insurance plan, they should really consider doing so. While premiums
on a family plan may be high, they usually tend to be less expensive than
individual policies. Having an employed spouse can be an advantage when it
comes to being able to have quality, affordable health care.
Choosing a Company
There are some Insurance Companies that have
excellent Health Insurance for self-employed workers. One of those is Aetna.
Aetna offers health insurance plans for individuals as well as families and has
a wide array of plans to choose from. From medical or dental to vision and even
short term disability and prescription only plans.
Another well reputed company is United Healthcare. For
self-employed Individuals residing in the U.S., United Healthcare has many
options and pricing available.
more company, and also one of the largest and well-known in the United States
is Blue Cross Blue Shield. They have been in business since 1929 and offer
several health plans that are geared specifically toward self-employed
individuals. They also offer a full line of family plans at fairly competitive,
yet affordable pricing. Blue Cross Blue Shield also offers short term health
policies that go along with pre-tax health savings accounts.
You Really Need a Good Plan
When you have family, making sure they have
quality, affordable health care is a wise decision. Whether someone has a
chronic illness, accident or onset of an unexpected illness, health insurance
can be the difference between life and death. Accidents and unexpected
illnesses can cost extremely high amounts when one has to pay out of pocket, so
ensuring that a good health plan is in place will not only save money, but will
give the peace of mind of knowing all will be taken care when those situations