Health Insurance Options For The Self-employed

By Author: Michael Smith
Total Articles: 268
Comment this article

Have you decided to leave a previous job and become self-employed? Well, are you worried about how you'll make sure there's a health insurance plan that can work for you once you'll be in that stage in your career? You need not fret. You've got all options available. You can always opt for public or private health insurance. Specifically, you can use the following alternatives when this is the case. You'll be surprised that these options are said to be low-cost as well.

The cheapest option would be to enroll under your spouse's health insurance plan. You're lucky if you have a partner who's working for a large company. Usually, these companies provide family privileges including that of the fact that you can be enrolled under your partner's private health insurance plan. This is often the cheapest option because your partner automatically pays for your cover every pay period. So, you don't have to worry about monthly premiums.

You can also ask other self-employed people about other options. At first, you'll be interested to ask them about the best place where you may get cheap private health insurance for the self-employed. ...
... Being in the same status with you, they may always give you the options. And you'll be surprised that you indeed have many choices for this particular concern. Approach every person you know who is in the same condition as you are (or those who were once in your condition). Friends and relatives may help.

Form an organization with other self-employed people around town. How can this help? Well, forming such a group with them will somehow entitle you to cheaper health insurance. This is because with all your names together and with all of you having the intention to be enrolled in a health plan, you'll surely head the same track. When you head the same track, you can get a private health insurance plan under the group policy. This can work in a similar way as being employed in an organization. You'll surely pay for a cheaper premium.

Use your previous health insurance policy. There are countries like the US that allows you to use your previous health plan, the one that your previous employer makes use of. Otherwise known as the COBRA, this policy gives you the option to use the private health insurance plan after you've retired from the company. This can last up to a certain term. In this case, however, you will be required to pay the entire monthly premium. That includes what your previous employer paid for. This is the best way you can enjoy continued coverage.

Yes, you indeed have health insurance options even when you're self-employed. You can always enjoy the conveniences of private health insurance or you may also go for public health plans. No matter what type of plan you want to have once you're self-employed, the good news is you can run to something in case any health emergency arises. You've got to take advantage of that if you want to make sure you'll get the best for your health needs.

Are you self-employed and looking for health insurance? We have designed a private health insurance plan that will cater to your needs.