You Can Find Affordable Health Insurance!
Whether you need insurance for yourself or for your family, Affordable Health Insurance can help you get educated and find the right plan for you. Start here today!
Get Your Free Affordable
Health Insurance Quote Today
Affordable Health Insurance for the Self-Employed
One of the biggest concerns for the self-employed or small business owner is finding the best, affordable health insurance they can within their budget. Although almost half of the country’s bankruptcies are associated with unpaid medical bills, many self-employed Americans choose to go without health care coverage, simply because many of the options seem too expensive. There are affordable health insurance options though. Below, you'll find a few to consider.
Request a quote to see how you can save on health insurance solutions for the self-employed!
Affordable Health Insurance and COBRA Options
For those who recently lost their job and are transitioning into self-employment or are in-between jobs, the U.S. Government requires that you have COBRA coverage made available to you. However, government subsidies for COBRA (which were part of the Obama stimulus package) are no longer available, so you will need to pay the full premium amount of coverage, which currently averages around $1,000 per month for a family of four.
High Deductible Health Plans and Health Savings Accounts.
High Deductible Health plans (HDHP) offer cheap monthly premiums in exchange for a higher deductible – meaning if you do go to the doctor much more of the bill will come out of your pocket. With a HDHP, you get a Health Saving Account. A Health Savings Account (HSA) is a tax-free savings account where a policy owner (either an individual or group leader like an employer) can make deposits to go towards future medical bills. In 2009, the maximum contribution limit for an individual was $1000 and for a family or group, $5950.
Group Health Insurance Policies
Although it depends greatly state by state, most areas allow small groups to purchase one policy to cover each individual. In New Jersey, it only takes a group of two, as long as the employer and the employee both work over 25 hours a week.
By covering more than one person with a policy, the insurance company keeps their prices theoretically down by spreading the risk around. This keeps your health insurance premiums as affordable as most of the larger company’s health insurance policies.
Get an Affordable Health Insurance Quote
The quickest and easiest way to get a low-cost health insurance plan is by placing a quote with us, at Affordable Health Insurance. You can request a quote from leading health insurance companies. You can receive detailed information for all of the benefits, premiums, deductibles, and more – usually within minutes.Request a quote to see how you can save on health insurance solutions for the self-employed!
Affordable-Health-Insurance.com is an informational resource only and not an insurer or broker. The information on this site is provided for research purposes only, and is not necessarily affiliated with any specific carrier. We are not necessarily associated with any provider profiled on our site, and make no guarantees about the carrier affiliation of any broker that contacts you. Coverage options and policies may not be available in every state, and no guarantees of the same are made herein.
