Most self employed individuals and small business owners say that they are frustrated with the high cost of health insurance options for their population. Not only are costs high, but it can be very difficult for some to get insurance at all!

There are options for affordable health car for the small business and self employed – you’ve just got to be creative with putting together a plan.

Group Healthcare

For example, did you know that by incorporating your business, you can apply for group health insurance? Even if you’re a company of one, you can still incorporate and are eligible for a group plan. This is a fantastic option for those who are having trouble finding an individual plan at all.

Health Insurance Spending Accounts

Another option is a Healthcare Spending Account or HSA.   HSA’s are tax sheltered trust accounts are tax-sheltered trust account that you own for the purpose of paying for qualified medical expenses for yourself and your family. To read more about HSA’s visit http://www.opm.gov/hsa/faq.asp.

Benefits Carving

In certain states you can literally build a health care plan like you would build a meal at a buffet. Starting with a standard plan, you can carve out benefits such as number of doctor visits per year covered by a co-pay.

Before you get so fed up with the search for affordable heath care and decide to gamble with your health, take a look into some of these options. One of them may be just right for you and your family. To read more about health insurance options for the self employed, read the full article on our BCBSNC agency website.

Tags: Health Insurance //