Finding Affordable Health Insurance For The Self Employed With Children Online

Individuals who work for themselves have always faced the challenge of health coverage. Health insurance for the self employed singles is often put on the back burner because of the absorbent cost to maintain coverage. Just because you do not qualify for a plan through an employer contributed plan does not mean you should not be covered.

Organizations, Clubs, and Local Associations

Many local organizations and clubs offer discounted insurance plans. It will take some time to do the research, but inquiring where you are already a member might produce surprising results.

Organizations for the self-employed like NASE, provide health benefits for its members. Members are paid cash benefits based on the nature of the illness. Emergency room and hospitalization benefits are available as well as lab tests, x-rays, dental and vision plans.

Some of the big name warehouse clubs offer more than discounted food and goods; they also offer discounted health care. Some have paired up with insurance companies to offer members reduced health care coverage. The Chamber of Commerce in your are may also be able to provide resources for cheaper health insurance rates.

Keep in mind that most organizations require membership fees or dues. When considering the cost of the membership versus the benefits of the programs offered, this may be beneficial even if it is used as a supplement to your major medical.

COBRA Coverage

For those who have been laid off or anticipate losing their job, COBRA extended benefits allow you to maintain your current coverage for up to 18 months. This is a great option if you have no other insurance, but keep in mind that you will have to cover the entire cost. When you know in advance that you will be losing medical coverage, switching to a less expensive plan will keep the costs down while in between jobs.

Insurance Agents Local and Online

Most people think of insurance agents for life and auto insurance, but they can also help with major medical coverage. Insurance agents can put together a list of quotes from which you can pick and choose. This works well for individuals who do not have the time or the patience to research insurance companies. It is important to know what type of coverage you are getting before you sign up so ensure that the policy will meet your needs.

Getting Insurance Through the Internet

A quick search of the internet will yield more insurance companies and plans than you can count. This can be a cumbersome task, but the end result may be a significant cost savings for you. From HMOs to short-term insurance; it is all available on the net and you can take your time and get quotes, investigate the various plans and see what works best for you. The premiums will vary drastically depending on the type of insurance you require and whether you need single or family coverage.

Searching health insurance for the self employed can be time consuming but your due diligence now will pay off in the end. Affordable insurance is out there if you take the time to do the research.

Learn about the advantages and benefits of having the health insurance self employed individual need today! When you are looking for the best health insurance quote you can find it fast and easy today!

Health Insurance Self Employed Options Require Research

In these tough economic times, lots of workers who have been laid off have opted to start their own businesses rather than seek new corporate jobs. While this choice can be enormously satisfying and empowering, it comes with significant disadvantages, and one of them is finding health insurance self employed alternatives.

Some 2.6 million independent workers have individual policies, while 3.5 million get health insurance through their own business group policy, according to the Employee Benefits Research Institute. The following suggestions can help anyone who’s currently self-employed or intends to start a business in the near future identify health insurance options.

If you have the time to plan your departure from a corporate job, then consider maintaining health insurance coverage through the company’s group policy. All workers whose employers have 20 or more employees have this right under the Consolidated Omnibus Budget Reconciliation Act (COBRA) of 1986. COBRA provides that unless they’re fired, former employees can keep their group coverage for up to 18 months after leaving their employers.

This option comes with a hefty price tag, however, since self-employed people must pay the full premium cost of their health care insurance. Most employees pay an average of 28 percent of their insurance premiums, while their employers pick up the rest of the tab. Taking on that additional 72 percent can put a big dent in the wallet. Details on COBRA are available through human resources or from the US Department of Labor.

Rely on Your Spouse. Many self-employed people swear by an old saying: The best way for a freelancer to be successful is to have a spouse who works as an employee. This is especially true when it comes to health insurance in the United States, where some 3.3 million self employed workers are covered by their spouse’s health insurance. It’s likely that signing up under an employed spouse’s health plan will be much less expensive than many other options, including coverage through COBRA.

If you’re single, or your employed spouse has no health insurance, then you’re forced to strike out on your own. This means doing research, and a lot of it. There are two options here: buying health care coverage on your own through the Internet, or working with an insurance agent. The do-it-yourself route requires more work, because even with the many websites that offer insurance comparisons, the individual still has to do the math on prices and coverages. There’s also work involved engaging an insurance agent. The wise consumer interviews at least three agents, and checks the performance of all of them through the state insurance commissioner’s office.

Whether going it alone or working through an insurance agent, don’t make any deals until you’ve thoroughly investigated the performance of your most likely candidate for health insurance. An insurance company with lousy customer service, even if its prices are the lowest, is no bargain. The state insurance commissioner’s website typically provides information on how many customer complaints an insurance company receives, and what those complaints entailed. If the health insurance company you’re considering has a poor service record, move on to a new candidate.

Finally, although you’re working for yourself, don’t forget the strength of numbers. Many self-employed people find that it helps enormously to seek health care coverage through professional organizations. Two of the top organizations in this regard are the National Association of the Self-Employed for independent contractors and the National Association of Professional Employer Associations for business owners. Either can provide additional information on finding health insurance self employed alternatives.

Learn about the advantages and benefits have health insurance self employed business owners can qualify for today! When you are looking for an affordable health insurance quote, you can find it easily!