Self Employment Health Care Insurance Options

Entrepreneurs have several alternatives when it comes to healthcare insurance. They can find a health insurance policy on their own through the individual or family market. They may be able to get coverage as a one-man or one-woman group. They may be able to get health care coverage through their spouse's job.

Considering your options with each type of insurance can mean that you get the best deal.

Be sure to look for one of the many health insurance carriers in your state that sell health care contracts directly to consumers. Often the rates you can get as an individual will be the significantly lower than the prices you got when you had group insurance.

Many of the same health insurance carriers that insure large corporations will also allow individuals to purchase medical insurance from them directly. They will often have both group and individual or family health insurance policies. Although, there are plenty of reputable companies that offer individual health insurance but not group medical care insurance, this can help you shop with confidence.

Often these health insurance companies will have better networks of medical providers. Sometimes the networks for their group medical insurance contracts and their individual or family health insurance policies will be the same. But one shouldn't assume that just because a doctor is part of the group insurance network that he or she is a part of the private insurance network.

Individual medical insurance policies will typically only be available to those who are healthy. This is why they are often less expensive than group insurance policies. If you are in poor health you may be charged more than the standard prices. You may find that an individual or family policy is not available to you at all. Fortunately, If you do not qualify for an individual or family policy you may qualify for a group insurance policy.

In many areas one-woman or one-woman group health insurance policies are available. These health care contracts are often available without any medical questions so even if you have been denied an individual or family policy, you may still qualify.

If you are married or have a domestic partner, you may be able to get a health insurance policy through his or her employer-sponsored medical care policy. You may be able to be added on to the policy without any medical questions during its annual enrollment period. Certain events such as marriage may allow a husband or wife to be added to a group policy as if it is in the annual enrollment period.

This is often the best option because the premiums may be subsidized by the company However, many employers no longer subsidize the premiums of their employee's dependents. They may or may not even subsidize their employees' share of the premiums.

Health Coverage isn't the only important insurance type. When considering your insurance options be sure to also look at disability coverage and life insurance also. You should also make sure that you have a retirement plan in place. Many self-employed people overlook disability and life insurance and hurt themselves and their families.

You will probably find that medical coverage is available to you as a self employed person. There are probably several health care insurance carriers who will sell directly to you as an individual or who will offer you a one-woman or one-woman group insurance policy. You may also find that you can be added your spouse or domestic partner's group coverage plan.