What Are The Cheap Health Insurance Options For The Self-Employed?

By Cathy Wilson Posted in Health Insurance News



If you are self employed, health insurance can constitute a major cost for you every year. Not having it can end up costing you even more, even to the point of financial disaster and ruin. However, there are several ways that you may be able to get a break on your costs.

You may be able to have coverage through your spouse’s job. Most employers have some sort of spousal benefits program. This choice is usually the lowest cost route. If this is not an option, consider:

Increasing Your Deductible

Increasing your deductible can save you a ton of money every year. Sure, it will cost you more in the event of a large claim, but if you set some aside for your deductible every year this problem is easily managed.

Association Discounts

Many associations provide lower premiums if you are a member. For example, the AARP provides reduced rate insurance to its members. Sometimes banks or credit unions will offer discounts. You may also be able to get a student discount just for being enrolled in one course.

Discounts For Good Health

You may be able to get a discount for healthy practices, like not smoking or belonging to a gymn. Insurance companies are looking to reduce their risk and practicing a healthy lifestyle is one of the best ways to do that.

Don’t Use An Agent

Finding a policy yourself on the web could save you quite a bit of money. Insurance companies may charge more if an agent sells you the policy. Buying it yourself through direct web sales may save you money by eliminating the middleman

As you seek to navigate the seemingly never ending array of choices surrounding you concerning this important matter, remember that the free enterprise system is alive and well and that applies to health insurance as well. Finding a good deal can be very rewarding and provide you with substantial saving.

Related posts:

  1. How Can I Save On Health Insurance If I’m Self-Employed?
  2. What Are The Cheap Health Insurance Options For The Self-Employed?
  3. Little Known Secrets To Finding A Cheap Health Insurance Rate Online
  4. What Are Archer Medical Savings Accounts For A Health Insurance Policy?
  5. How Can My Family Spend Less On Health Insurance?






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