| If you're self-employed and facing high health insurance | | | | pay more out of pocket if something does happen, |
| bills, there are a number of things you can do to make | | | | it’s far more affordable than going without health |
| your health insurance premiums cheaper once you find | | | | insurance because you can't afford to pay the monthly |
| a good health insurance plan. Some involve opting out | | | | premium. |
| of certain coverage, others mean increasing the | | | | Pay Your Premium Annually for Big Discounts - If |
| amount you'll pay out of pocket for expenses. There | | | | overall savings are your goal, you can often get the |
| are also discount health plans that you can join which | | | | cheapest rate on your health insurance by paying for |
| will offer you cheaper fees for the services that you | | | | the full year at one time. Most health insurance |
| use. All involve taking on some of the risk for insuring | | | | companies will substantially discount your health |
| yourself onto your own shoulders. | | | | insurance premium if you pay it all at once. |
| Eliminate Coverage for Routine Office Visits for | | | | Open a Medical Savings Account - MSA’s are |
| Cheaper Premiums - If you're healthy, have few | | | | the government's way of helping to make health care |
| prescriptions and no children, a catastrophic health | | | | more affordable for people who work for themselves |
| insurance policy can be all the coverage that you need. | | | | or in a small business. A Medical Savings Account |
| The premiums to cover you just in the event of an | | | | allows you to put a certain amount of your earnings |
| accident or unexpected illness are among the | | | | into a tax-deferred savings account to cover the cost |
| cheapest you'll find - well under $100 a month for an | | | | of medical expenses. By combining this with a cheap |
| individual. Shop online for the best rates you can find. In | | | | high deductible insurance policy, you pay fewer taxes |
| many cases, you can apply online and be insured | | | | on your MSA earnings, and use them to pay the |
| within 24 hours. | | | | deductible on your health insurances if it becomes |
| Increase Your Deductible to Save On Premiums - A | | | | necessary. |
| deductible is the amount of money you'll pay out of | | | | Take Your Health Insurance Deduction - When you file |
| pocket before your insurance company takes over | | | | your taxes, be sure to take your health insurance |
| payments on your bill. If your health insurance plan | | | | deduction. Even if you don't itemize all expenses, you |
| includes a deductible (not a co-payment), you can | | | | can deduct up to 70% of your health insurance costs |
| often make your monthly premiums cheaper by | | | | from your income when you file your taxes. |
| increasing the amount of your deductible. While you'll | | | | |