| Your self-employed business could be a one-man | | | | specific requirements, employees could take |
| show, a husband and wife team or one that employs | | | | supplementary coverage if they choose to. It is not |
| a handful of people. In the first two cases, an individual | | | | compulsory for the employees to join, but there must |
| policy or a family health insurance plan may be | | | | be a minimum of two participating to be eligible for |
| recommended unless you belong to a relevant | | | | group insurance. |
| organization. | | | | You can save money and service charges and may |
| If you feel that your business is likely to expand in the | | | | even get discounts if the premium is paid annually up |
| near future, you could take out a short-term policy and | | | | front. |
| wait until the situation changes before deciding on the | | | | The business of health insurance is undergoing many |
| type of coverage you need. | | | | transformations, and your personal requirements and |
| The cost of a temporary policy is normally less than | | | | business conditions may change. Therefore, it is wise |
| $100 per month. The premiums of self-employed health | | | | to review your healthcare coverage annually and |
| cover are tax deductible. | | | | update it. Remember, that group plans are cheaper. By |
| If you employ two or more people, it is considered a | | | | joining an association of self-employed, you can take |
| combination of self-employed and small business, and | | | | advantage of this. Before adding additional health |
| you may qualify for group insurance. This insurance | | | | coverage, check whether the main policy covers what |
| would cover you and your employees, and the | | | | you need. |
| premium could be 100% tax deductible. Employees | | | | If you opt for higher deductibles, the premium would be |
| could also save on pay-roll taxes. | | | | lower. A deductible is the amount you must pay |
| The National Association for the Self-employed will | | | | before an insurance company pays your medical bills. |
| give good advice as well as formulate a good health | | | | Before buying health insurance, check provisions |
| coverage plan to insurance companies, agents and | | | | relating to pre-existing conditions. Always chose a |
| members of their organization. According to their | | | | policy that does not take long to become operational. |