Around nine percent of the population in the United States of America is uninsured. This means millions of people are vulnerable to the problems healthcare creates. The biggest problem for people is the amount it costs to get the treatment they deserve. An estimated 63 percent of the uninsured worry about paying medical costs for normal procedures, while another 73 percent were worried about the costs when they get sick.
Medical treatment costs have gone up over the years, particularly because of the amount of research going into the service. Luckily, there are health insurance companies providing you with an affordably low rate for coverage. Insurance Line One starts their services around 150 dollars a month to help those in under-resourced areas of the country. Being self-employed you are responsible for choosing a health insurance package, but you first need to establish if you are self-employed or a small business.
Working is a part of our life, whether you are working at a start-up or a major conglomerate, you work. However, not everyone works the same, and you might be one of these outliers. Being self-employed has a list of benefits compared to working in a big business. You can create your own schedules and decide what you want to work on. You can even qualify for many of the premium tax credits available to those who are self-employed.
Although, you first need to identify what makes you a self-employed person. The most popular way to determine if you are self-employed is by the number of people working in your company. Were you to have even one person working under or over you, then you will be considered a small business by most health insurance companies. However, there are certain sub-groups of self-employment where there is more than one person.
For instance, a partnership is comprised of you and another person. Both of you have the same responsibilities and workload. You are equal, which is why you can still qualify for self-employment benefits. A sole proprietorship is similar to this approach, but you pocket all of the revenue and accept the possible debt of running a business alone.
If you can’t distinguish the difference between you and the business then you are most likely a sole proprietorship. Furthermore, people who are self-employed need to be aware of the physical tax included with being a self-made business.
Being self-employed you have more freedom to accomplish the work you need to do. However, this freedom comes with additional stressors you might not be aware of. Unless you formed a Limited Liability Company (LLC)—financially speaking—everything will be your responsibility. This is one of the biggest worries for people who are just starting their business. Putting your time and love into something only for it to fail is a realistic fear to have.
Nevertheless, when too much stress starts to affect your life you can have physical symptoms and problems. One of the most devastating diseases to be affected by stress is heart disease. You can even develop signs of heart disease because of your stress levels. As someone running a business, it’s crucial to be aware of this problem. Acquiring an illness or injury can result in your business losing revenue because you’ll have to rest.
You might even be one of the thousands of people who ignore a visit to the doctor because of the high costs. This can be the difference between paying 30,000 dollars for heart attack recovery and 200,000 dollars. However, this is with the hope you have a reliable source of care to go to, which over 40 percent don’t. Additionally, health insurance is able to reduce your total medical charges by more than half.
Health insurance is here to help you save as much of your finances during a traumatic moment in your life. The main determinant for deciding how much you pay in monthly premiums is the type of “metal” you choose. As you go up in “glamour” for these metals you’ll have to pay a higher monthly premium, but you’ll also have a bigger boost in medical cost assistance.
For instance, bronze packages are typically for people who want to spend the least on premiums but want something in case of the worst-case scenario. You’ll have up to 60 percent of the costs covered, but a monthly cost around 388 dollars. Silver plans will need a premium around 428 dollars to have up to 70 percent of the costs covered. To have up to 80 percent of the medical bill fulfilled you’ll need to forfeit an estimated 507 dollars a month.
Finally, platinum services are for those with heavy medical needs. It’s one of the reasons why you’ll spend an estimated 583 dollars a month to have up to 90 percent of the bill covered. This is capable of turning the 30,000 dollar bill into a measly 3,000 dollars. Altogether, health insurance can reduce the whole medical bill by more than half.
Choosing the Best Healthcare Provider
The right healthcare package is out there for you, but finding it is a different story. There are mounds of different health insurance companies offering their services. However, most of them include hidden policies capable of increasing how much money you give them. Insurance Line One wants to change this, which is why we start our services at a low price of 150 dollars a month.
You’ll even be able to carefully read our list of services because we’ve organized them all into a easily readable format. This prevents any confusion from occurring and enables you to know exactly what you are getting. Our year-round open enrollment allows you to take as long as you need to make a decision. We don’t want you to choose something you can’t afford or continue on with dangerous behaviors.
“I am so thankful for Victoria. I am dealing with my father in Hospice and she has gone so far out of her way to help me. She has made the ordeal so easy for me. Victoria, thank you so very much.”
“I want to let you all know that Trae S. is a life saver! Because of him I will be able to get my much needed Insulin prescriptions and I am so grateful. He really took his time to get all the information he needed from me to help. You have a gem with him. Thank you from a grateful customer!”
I have to say, I called insurance line one yesterday, they took care of me right away, I felt good , and I recommend this company to anyone who needs health insurance, auto , life or commercial insurance. #great prices. #great rates #thanks again