Self employed people earn their living day to day and live life under more stress. Health insurance in that case becomes a necessity for them. Acquiring Health insurance helps to deduct the premium amount from taxes and as such it is a must for people especially self employed entrepreneur.
Health services come highly priced these days. For this reason it is more difficult for common man to pay for the whole service. Also services from medical center are not available until and unless the amount for the entire service are paid before hand. Self employed people face more difficulties than people recruited by big companies because they are mostly new to this world of acquiring insurance for themselves. For people working under big companies everything is taken care of by their company itself. Self insured people are also responsible for their family insurance and all the decisions about them as well as their families are dependent on them alone.
Based on this we can say that knowledge about different insurance policies is a requirement by you as it has to suit your budget. Also presence of diseases such as diabetes and obesity forbids you to enjoy any insurance policy. Even a prescription for anti depressant drug is negativity for acquiring insurance policy. So, before being self employed it is necessary to know the scenario of health insurance.
There are two ways we can proceed towards acquiring health insurance:
- First one is by not depending on any insurance agent. That way all your personal information can be kept to you alone. But for that a person needs to make themselves familiar with health insurance policies. The terms and conditions for each policy are different and as such there is plenty to learn from. This includes the limitations, benefits, exclusion, deductibles and co-pays associated with each policy. The first thing to start with is to decide whether you need to include your family into the insurance coverage. For that, right kind of plan is required. Then which one suits your pocket and finally which plan can get you the benefits suited to you and your family. The whole process can be easily done, as these days information is readily available to us through net. We can even make comparison between different policies and buy the policy through net itself.
- Second choice is to call for the help of an insurance agent. They are trained for the job and so, more and current information are available to them. But since they are ‘sales person’ they are sometimes pushy about few policies more than the others. This can easily be handled if we compare their information with the information gathered on net. During this process, however, your personal information becomes readily available to others so we have to choose a reliable insurance agent.