How to get Cheap Self Employed Health Insurance

Being self employed is one of the most rewarding experiences out there. However, finding self employed health insurance is another matter. While you might be able to make more as a self employed person, but if you spend the difference on health insurance, you aren't really gaining anything. Therefore, it is essential to find a health insurance policy that you can afford. How can you get cheap self employed health insurance? Keep these factors in mind when you start looking.

Independent Reviews

Your first stop when looking for health insurance should be an independent review site. There are several sites out there that exist for the sole purpose of investigating insurance companies. They can tell you everything about them and how expensive they are in relation to other companies. The best thing about these sites is that they often have reviews from real people who have used them. Who better to tell you how a company operates than someone who has used them? Independent reviews can save you a lot of time and headaches in the future.

Online Quotes

Most insurance companies today will allow you to get quotes right from their website. This is a great feature that can save you a lot of time and help you zero in on the most affordable rates. You can visit several different health insurance sites and get quotes in a matter of a few hours. This will help you get a good idea of who you should work with further.

Visit an Agent

Once you have some quotes, go out and visit a few insurance agents. Insurance agents work on commission and they will be more than happy to give you a discount if it gets them your business. You can use the online quotes that you got earlier to your advantage. If you have a quote that is lower than the rate the agent is giving you, pull it out and show them. They will do everything they can to lower their offer. You might end up getting a significant discount as a result of this.

Raise Your Deductible

Every health insurance plan out there has some sort of deductible attached to it. When you file for benefits, you will have to meet the deductible first. If you raise the deductible, this lessens the likelihood that your insurance company will have to pay anything for you in a given year. Therefore, if you are willing to raise your deductible, they will be willing to lower your premiums.

If you are healthy enough, all you really need health insurance for is to keep you from filing bankruptcy because of medical bills. You only need them for outrageous procedures that you would never be able to afford like open-heart surgery. Procedures like that can cost you hundreds of thousands of dollars without insurance. All of the little bills, you can probably handle. Just limit your risk that comes with astronomical medical bills.

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