Health Insurance for the Self-Employed: What You Should Know

Health Insurance for the Self-Employed: What You Should Know
There're health insurance solutions for self-employed people. Shutterstock
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Previous generations had access to healthcare insurance through their employers, who were often big corporations or government employers. A pension often came with the job, as well, giving a worker incentive to stay in the same job for decades. The job offered a security that couldn’t be found by opening a small store or diner.

But in today’s entrepreneurial environment, benefits have become a challenge. If you’re either self-employed or you own your own business, you have to sacrifice benefits like medical coverage. Unfortunately, proprietors can get sick, too. Individual health insurance can be pricey, making it difficult for business owners who are putting every dime into growing their companies. Here are some options for freelancers and business owners.

Health Insurance Marketplace

The government’s Health Insurance Marketplace is the first place self-employed professionals should start. Here is where you’re most likely to find good coverage at an affordable price.
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