Home Add to Favorite Contact Submit  
             25 October, 2020
 

    
Category:  Articles » Finances » Insurance

 

Health Insurance For Self Employed People

Popularity:
         Views: 1338
2009-10-08 05:51:03     
Article by John Newcomb

There are a lot of options open to those of you who are self employed when it comes to health insurance. Of course, the ideal insurance plan for you would vary depending on your health and budget, but this article can give you a fair idea of what to expect if you do happen to visit an insurance agent.

One of the easiest options that is open to all self employed persons is to simply get an individual health insurance policy. Because of the high competition in this field, you can get a pretty decent rate from most providers if you do your research properly.

However, if you aren't in the best of health, getting an individual health insurance can be tricky. An insurance provider can deny insurance to an applicant if it believes there is significant risk attached to the applicant. Therefore, if you have any serious medical conditions such as diabetes, cancer, heart problems, or are morbidly obese, there is little chance that you get covered in an individual health insurance policy.

The second option open to self employed people is to apply for a group insurance policy. Any firm that employs anywhere between 2 to 50 people is defined as a small business and thus, is eligible for small business health insurance. If you, as a self employed person, meet this criteria (i.e., you have a business that employs 2-50 people), you will find that a group health insurance policy has significantly lower entry barriers, and has very competitive rates as you only pay the average of the entire group, regardless of the risks attached to you.

As a third option, if you are the sole proprietor of your business, you are eligible to apply for a guaranteed issue small group health plan. This plan enrolls people only in the month of August.

For a self employed person, getting insurance at a competitive enough rate that covers most of your medical risks can be quite tricky. It is recommended that you seek the help of a licensed insurance agent who can guide you around the various policy options open to you, and help you save money on taxes too.

Next, read more about florida state health insurance to get an idea of health insurance in the state of Florida .

Specialized in: Health - Self - Employed - People
URL: http://www.floridastatehealthinsurance.com
Print article      Bookmark this page
Related Articles 
Wedding Cover: Choose Best to Construct your Wedding Splendid (Popularity: ): A wedding is one of source where wedding couples start a new life and this moment is the happiest day of their life. It's supposed to be the happiest day of a couple's life and when two become one in matrimony. Other couples also plan for wedding in foreign country where they need a wedding cover that has become vital. Without any planning or expenditure, weddings would not be organized. ...
Need an Accident Helpline? - Easigo Accident Management can save you money & give you a better service than your insurers (Popularity: ): If you have a road accident, which is not your fault, you may think that every accident helpline offers the same level and type of service. This is certainly not true; you need someone like Easigo to make sure that you will not lose out financially. This article looks at the various stages of a typical claims process, and outlines the main advantages of using Easigo’s Accident Helpline rather than ...
Choosing a Benefits TPA (Popularity: ): The use of third-party administrators (TPAs) is one of the hottest trends in insurance today. According to the Society of Professional Benefits Administrators (SPBA) 66 percent of all U.S. workers are covered under self-funded plans, most of which are managed by independent, third party administrators. But what do you look for in a TPA? If you’re an independent agent, here are some things to consider.Where to startYour best sources for ...
Home Insurance beneficial for your dream Home (Popularity: ): HOME insurance policies are offered by general insurance companies that cover your home against risks from natural calamities such as fire, floods, earthquakes, or land slides. It also covers the structure of the house alone, or your belongings such as jewellery, furniture, electronic appliances etc, or even both. Some policies also cover your rent expenses if you have to move out to another house because your actual house has been ...
Landlords campaign for greater eviction rights (Popularity: ): Private landlords have launched a new campaign to try to speed up the current tenant eviction process.Hot on the heels of a new law protecting tenants against eviction if their landlord defaults on their buy-to-let mortgage, landlords have now introduced the Rebalancing the Law campaign. They hope that the current system for evicting problem tenants, which they claim is currently painfully slow, will be expedited with support from some industry ...


Related Business 
Health Insurance Resource Center (Popularity: ): Resources for the self-employed to understand their health insurance. Includes glossary of industry terms, tips, FAQs on individual health insurance, and risk pool information.
Self Employed Health Insurance (Popularity: ): Our exclusive system is the corner stone for how thousands of Americans have found self employed health insurance and individual medical products. In the United States millions of Americans are paying entirely too much for healthcare. This is not how it has to be. In many cases you would be shocked to find out, with good independent help, how much more you are paying then you would have too.
Self Employed Loans (Popularity: ): The necessity of cash may knock on anyone's door. For the people, who have fixed income, it is easy to cope up with the situation by availing loans. But what about self-employed people! For them, self employed loans are the most convenient option. Mainly, self employed people are those who run their own business as an only owner or in partnership. Besides, independent consultants are also come in this category. ...
Call-Insurance South San Francisco (Popularity: ): Shargel & Co. Employee Benefits Solutions, Health insurance broker, Group health insurance, Self Employed and Health Savings Accounts and Key person Insurance for small business in San Francisco and Bay Area.
Health Insurance In Florida (Popularity: ): A Better Solution Insurance for the best Florida Health Insurance with low Health Insurance Quotes for Affordable, Low Cost, Individual, Temporary, Short Term, Self Employed, Catastrophic, Medigap, Medicare Supplement, Family, Group, Low Income Health Insurance with Dental, Long Term Care & Life Insurance Quotes and more servicing Port St Lucie FL, Vero Beach FL, Stuart FL. We didn't have the fast paced lives or technology that we have today. What ...
Best Products Health Insurance (Popularity: ): Offering Blue Cross health insurance for individuals, groups, small businesses, and the self employed.
SelfHealth Insurance (Popularity: ): Health and life insurance for self-employed individuals in the state of Georgia only.
USA - New Mexico Health Insurance Alliance (Popularity: ): The Alliance is a non-profit organization created by the state legislature to provide increased access to voluntary health insurance for small businesses, self-employed and qualified individuals.
Health Guides, Health Insurance Ideas (Popularity: ): Msafe is a place providing health guides and health insurance ideas. The site is totally dedicated to useful tips, advice, news and informative articles on your physical health and insurance needs. The main aim is to make people health contious.
West Virginia Health Insurance (Popularity: ): Offers insurance for individuals, small business, and the self employed. Request quotes online.