Are you self-employed and looking for health insurance in Ohio?
The self-employed face some unique challenges when it comes to finding health insurance for their families. Health Insurance specialists can be found online, and can help you find the best policy for your situation.
The brave people who become self-employed often can keep their health coverage by extending their employer group benefits through COBRA. (The Consolidated Omnibus Budget Reconciliation Act of 1985) This allows workers to extend their benefits for up to 18 months after leaving a job. But, this can be very costly because the employers no longer pay their portion of the plan’s premium.
Another option would be to buy an individually underwritten policy, which more times than not, can be much more affordable. If your family health history is relatively clean, it’s simply a matter of finding a policy that combines the right mix of benefits and costs that work best for you. Searching the internet for free quotes and using sites such as www.healthinsurancechaser.com are great resources to help you choose a plan with adequate benefits to protect both your family and your assets. Most bankruptcies in this country are caused by costs resulting from unexpected medical emergencies combined with inadequate health insurance protection. (This could become a bigger issue as your business grows and you have more to lose.)
Also, thanks to recent changes in tax law, self-employed businesses can deduct the cost of their health insurance premiums from their federal taxable income!
It’s also important to not have a lapse in coverage of more than 63 days for any family member if you want to continue coverage for any pre-existing conditions.
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