Health insurance is an incredibly needed service; it doesn’t matter if you work in a gargantuan conglomerate or you’re a self-employed entrepreneur starting their new business, you need it. Going without health insurance can be risky for your health physically, as well as financially. You are already trying to establish a business and spread your name around, medical debt should be your last concern.
However, you might be one of thousands who make less than 24,000 dollars a year. This is understandable when you realize at least fifty percent of the uninsured population in the United States make less than this. Luckily, there is a healthcare provider with the goal of providing affordable health insurance. Insurance Line One starts their services at a low price of 150 dollars. This is considerably cheaper than the national average for a bronze package, the lowest tier of “metals” offered.
As a matter of fact, the estimated average for a bronze package to assist you with 60 percent of the medical costs is around 388 dollars a month. Granted, you might want more of an assistance rate; thankfully, there are other plans available. Silver plans will need you to spend an estimated 428 dollars a month to have up to 70 percent of your bill covered. To have 80 percent of your medical charges covered you’ll need to forfeit around 507 dollars a month on a gold plan. Finally, platinum services are for those with heavy medical needs or frequently fill out expensive, important medication.
It’s why you’ll have up to 90 percent of your medical bill covered, but you’ll need to spend an estimated 583 dollars a month. Altogether, health insurance is possible of reducing your total medical bill by more than half. Additionally, there are some benefits of self-employed health insurance others aren’t capable of achieving.
Identifying whether or not you are self-employed or a small business can be pretty simple. If you have even one employee you are able qualify for many small business insurance plans. You’ll lose your self-employment benefits, though. When you are by yourself you are more likely to qualify for marketplace savings. Although, you will need to be more vigilant during these situations.
Getting health insurance through an employer is easier, particularly because you have the company helping you. Being self-employed, you will have to do all the financing by yourself. This can be a frustrating process, but it gets easier once you narrow down what type of worker you are. There are four types of self-employment; sole proprietorship, Limited Liability Company (LLC), independent contractor and a partnership.
A sole proprietorship has no difference between the owner and the business. You do all the work and take in all the profits. Your business is not a legal deity, and you are the sole person responsible for it; debt and all. LLCs is one of the easiest ways to run a business, while also protecting your assets. However, it can also be owned by more than one person. Independent contractors can be lumped in with it, but it’s more relatable to a sole proprietorship.
You’ll mostly see these types of people as writers or graphic designers. You might even be one of these people. Partnerships will also qualify as a self-employee, as long as you don’t have any employees under you; just your partner. Once you establish what you are, you will have a more pleasant time making a decision on a package. Furthermore, there are some important tips to be aware of when it comes to being self-employed.
For instance, were you to be married and your partner is able add you on their employee health insurance plan you will lose out on any benefits of being self-employed. The fact you are willingly turning down a service capable of fixing your problem, means you don’t need the premium tax credits offered being completely self-employed. There are even groups of people who should be much more vigilant when it comes to obtaining health insurance.
Everyone lives different lives and have different lifestyles. Some people choose to be vegan and others are omnivores. There are even people who choose to smoke cigarettes. Smoking cigarettes has been proven to lower your lifespan, such as increasing your chance of heart disease and cancer, exponentially.
As a matter of fact, heart disease continues to be the number one killer in the nation, and in most states as well. The truly terrifying part isn’t the recovery process—while as haunting as it is—it’s paying off these medical expenses. Surviving a heart attack can actually run you anywhere from 30,000 dollars to 200,000 dollars. Running a business can also heighten the stress you feel, which in turn raises the risk of a heart attack.
Nonetheless, health insurance packages will be able to more than half these costs. Looking at a bronze package, you will have to spend at minimum 12,000 dollars or 80,000 dollars—respectively. Granted, this might not be the number you want to see. Thankfully, you still have the other “metals” to choose from. A platinum service is guaranteed to drop it to a low 3,000 dollars or 20,000 dollars—respectively. Additionally, there are even hospitals and healthcare providers who will cover all of the costs. Although, you need to be in the hands of a trustworthy healthcare provider.
The right health insurance package is out there for you. However, you need to continue looking for the perfect one. Insurance Line One wants to make sure you are able to run your business without any worry of medical debt appearing. We don’t just offer services at a low price of 150 dollars, but we’ve also carefully cataloged all of our packages in a simplified format.
Scrolling through health insurance plans can be frustrating, but it doesn’t need to be. You shouldn’t settle for a plan just because all the others don’t make sense. This can end up costing you hundreds, maybe even thousands more in payments. Ensuring you have every possibility to read what you are getting and acquiring this service is our mission. It’s one of the reasons why we have year-round open enrollment. No one should be denied because they didn’t make a decision on time, or didn’t know a deadline existed.
“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