No one can dispute that health insurance is important, especially in a country with healthcare costs that are so high. 45.7% of companies provide health insurance for their employees.
But what do you do if you’re self-employed? 31% of self-employed people with no employees have no insurance.
How can you avoid being part of this statistic without breaking the bank?
Read on to find out more about health insurance for self-employed people!
UNDERSTAND WHAT’S AVAILABLE IN TERMS OF HEALTH INSURANCE FOR SELF EMPLOYED
Healthy insurance may feel like a must, but there are many options to choose from in the kind of insurance you can get.
HEALTH SAVINGS ACCOUNT
A Health Savings Account, or HSA, is great if you’re looking for a lot of control over your health funds.
An HSA is a high-deductible health plan. Essentially, you put all the money you want into a special account, and then, as long as you spend it on medical expenses that meet the qualifications, you pay no tax or penalty on the money withdrawal. Check orange insurance brokers limited for more information.
PRICE COMPARISON: YOUR TICKET TO SAVINGS
Competition is the true beauty of the marketplace. Compare health insurance prices to ensure you’re getting the best deal possible.
LOOK FOR SAVINGS
Health insurance can be expensive, but it doesn’t have to be excessive. Look for ways like these to decrease your costs.
CHOOSE THE DEGREE OF COVERAGE
Less coverage means more savings. The ACA offers a “metal” rating system so you can choose a coverage plan that’s right for you. Platinum covers % of your out-of-pocket costs, Gold %, Silver %, and Bronze %.
Looking for a way to get yourself insured without being a monthly salary earner? Click here to speak to one of our agents and get the best health cover plan.