One of the things that is important to consider when you leave corporate America for the freedom of your own business is affordable health insurance. In fact, the reason most often cited for not taking the plunge in self-employment is the lack of health insurance cheap alternatives for people who do not work in a company that can provide more affordable rates on health insurance through a group health insurance plan.
If you decide to brave it and be your own boss, and there are many places where you can cut corners. Let yourself or your family go without health insurance is not one of them. Here are some common options that can make health insurance affordable if you are an entrepreneur or self-employed craftsman.
Coverage under the spouse's plan
So far the most common option is to cover the family for health insurance through work on the pair. As long as one member of the couple worked for a company to have a group health insurance plan, it's usually the cheapest option to secure the entire family.
(Cobra)
COBRA is an option for the beginning of your self-employment. For the first several months after the holiday business, the employer required by law to give you retain membership in a health insurance plan option. You will have to cover the entire monthly premium paid by the company rather than the amount that you're used to paying as an employee when the employer was covering part of the cost. The real cost of this insurance can come as a shock to you - and health insurance for the family through a group can easily cost nearly $ 1,000 a month. It is still more affordable than most plans that you can buy as an individual. It's also only temporary, so you'll be looking for other health insurance options while you're still covered must.
And health insurance cooperative with the private and small self-employed and other business owners
There are national and local organizations of the self-employed who have banded together to combine purchasing power and access to health insurance premiums affordable through group policies. You can find more information about groups in your area through the National Association for the self-employed (www.nase.org) or the American Society for domestic business (www.aahbb.org).
