- As a self-employed business owner, you're probably not the only business around in your field. There are trade organizations, unions, guilds and any number of other professional organizations that offer members health insurance coverage as part of a group plan that offers similar benefits to employer coverage. If you're not currently a part of a professional association, you can investigate various groups through the Internet and compare insurance plans they offer.
- If you graduated from an undergraduate university or graduate school program, these schools often offer alumni special deals that may include a range of health insurance options. Marcia Passos Duffy of Bankrate reports that schools often offer health insurance policies to alumni that are underwritten by a state-licensed insurance company. Schools may offer multiple plans and have wide ranging coverage benefits as well as costs, so investigate each plan carefully.
- If you've just started your career as a self-employed worker, one of the easiest and often most cost-effective options is to take advantage of your spouse's insurance coverage. Two-income households where one spouse is self-employed have become more common since the economic downturn of the late 2000's, and when one spouse has a plan that extends coverage to the self-employed spouse, this can save time and money, according to Bankrate.
- Today, with easy access to information through the Internet and a range of plans offered by a number of insurers, self-employed people can often find a competitive individual policy with little effort. Cynthia Brodrick of Bankrate states that self-employed people can shop around for the best individual plans with relative ease, readily comparing quotes and coverage plans to match your budget. Broderick suggests looking for plans with an A-Plus rating given by A.M. Best, an insurance rating company.
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