How do you buy good health insurance when self-employed?

[kidthor]

Hi all - I've got a question for you all, as this a financially/practically savvy group.

My significant other (who I'm not married to) needs to get independent health insurance to facilitate becoming a self-employed independent contractor. Unfortunately It's not possible to get it through my employer unless we're married. TBD.

Have you bought insurance on your own in the open market and how did you go about doing so? I assume this must come up for those of you who are self-employed?

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[chocomorsel]

Hi all - I've got a question for you all, as this a financially/practically savvy group.

My significant other (who I'm not married to) needs to get independent health insurance to facilitate becoming a self-employed independent contractor. Unfortunately It's not possible to get it through my employer unless we're married. TBD.

Have you bought insurance on your own in the open market and how did you go about doing so? I assume this must come up for those of you who are self-employed?

Healthcare Market Place or a Health insurance broker.

 

[XRanger]

Healthcare marketplace (like covered ca if you’re in California) or you can go into individual health insurance website (such as blue shield, kaiser, anthem) and compare coverage.


Sent from my iPhone using SDN

 

[dchz]

My significant other (who I'm not married to) needs to get independent health insurance to facilitate becoming a self-employed independent contractor. Unfortunately It's not possible to get it through my employer unless we're married. TBD.

 

[OneTyme]

If you get a quote from an exchange, or broker, be sure to also get a quote from the same insurance company directly.

We saved some money doing that.

 

[AMEHigh]

My partner gets his through healthcare.gov

 

[deleted126335]

My partner gets his through healthcare.gov

AKA Obamacare. So do one of my kids who has a job with no health insurance and lives out of town so no local network.

 

[cchoukal]

All my employee sponsored plan options can be for self, self+1, or family, where self+1 can be anyone. Maybe that’s a California law?

 

[CheGuevaraMD]

SDN: I'm against Medicare-for-all!

Also SDN: I cannot afford health insurance while self-employed, please help.

 

[pgg]

SDN: I'm against Medicare-for-all!

Also SDN: I cannot afford health insurance while self-employed, please help.

Oh look, it's the guy who thinks Che Guevara is so cool that he has the T-shirt and used the name for his SDN handle.

Oh look, it's a guy who somehow read the OP and imagined the words "I cannot afford health insurance" were in it.

 

[pgg]

A guy who gets married for financial reasons is making the dumbest financial decision a human being can make in these United States of America. 🙂

 

[aneftp]

To put things in perspective how Obamacare screws healthy younger people self employed making more than 400% of proverty (40k or more for single person)

I was paying $170/month for individual “indemnity”. No.Network With$2500 deductible.HSA and I was in my late 30s right before Obamacare. So not that “young” I was paying $70/month when I was in my early 30s.

so that similar policy in 2014 ppo (so not even as good as my indemnity). Plan. Cost a whopping $350/month with $2500 deductible.

so Obamacare essentially doubled my self employed plan and didn’t allow indemnity. Just ppo.

for families it’s much worst healthier younger families. Basically paying $6000-8000 more in premiums alone and $12-14k deductible

 

[vector2]

To put things in perspective how Obamacare screws healthy younger people self employed making more than 400% of proverty (40k or more for single person)

I was paying $170/month for individual “indemnity”. No.Network With$2500 deductible.HSA and I was in my late 30s right before Obamacare. So not that “young” I was paying $70/month when I was in my early 30s.

so that similar policy in 2014 ppo (so not even as good as my indemnity). Plan. Cost a whopping $350/month with $2500 deductible.

so Obamacare essentially doubled my self employed plan and didn’t allow indemnity. Just ppo.

for families it’s much worst healthier younger families. Basically paying $6000-8000 more in premiums alone and $12-14k deductible

Correlation isn’t causation. Although I’d certainly agree the ACA didn’t do much to stem the cost rise that was going to happen anyway.

 

[aneftp]

Correlation isn’t causation. Although I’d certainly agree the ACA didn’t do much to stem the cost rise that was going to happen anyway.

View attachment 296444

Don’t believe stupid graphs and charts. They lie and can mislead.
believe what real people see. The Aca hurts self employed younger Healthier. people who make more than 40k single 100k family of four

also pre existing conditions are vastly over rated. since it applied generally to self employed and of that number probably 1-2 million uninsurable. Less than 1% of the entire USA population.
I know the real data. Data politicians mislead or unaware.

Guess how many newly insured PAYING CUSTOMERS are there on the exchanges. It’s a lot less than you think. Cause govt overinflated “new”. Because a self employed person moving from private blue cross in 2013 to “exchange” private blue cross was considered “new”. That’s how data can be manipulated.

notice no one ever takes the real data and ask those on the marketplace if they had insurance pre 2013. Of course they had it. But 70% of them get discounts now. But the bottom line is the ACA did not produce many new paying customers

you basically had Medicaid expansion and keeping young adults (who are dirt cheap to insure anyways) on their parents plans to age 26. Those were ur real “new” customers.
It’s a joke the ACA.

 

[vector2]

Don’t believe stupid graphs and charts. They lie and can mislead.
believe what real people see. The Aca hurts self employed younger Healthier. people who make more than 40k single 100k family of four

also pre existing conditions are vastly over rated. since it applied generally to self employed and of that number probably 1-2 million uninsurable. Less than 1% of the entire USA population.
I know the real data. Data politicians mislead or unaware.

Guess how many newly insured PAYING CUSTOMERS are there on the exchanges. It’s a lot less than you think. Cause govt overinflated “new”. Because a self employed person moving from private blue cross in 2013 to “exchange” private blue cross was considered “new”. That’s how data can be manipulated.

notice no one ever takes the real data and ask those on the marketplace if they had insurance pre 2013. Of course they had it. But 70% of them get discounts now. But the bottom line is the ACA did not produce many new paying customers

you basically had Medicaid expansion and keeping young adults (who are dirt cheap to insure anyways) on their parents plans to age 26. Those were ur real “new” customers.
It’s a joke the ACA.

Premiums were on the way up no matter what- that’s indisputable. But yea, the ACA is the dumpster fire one gets when a single payer system or a real two tiered system were deemed politically untenable. It’s a giveaway to insurance companies who continue to increase costs because insurable pools are still highly fragmented. Create a bigger pool with more young people and costs go down. Btw, 400% of the poverty line for a single person is 50k.

 

[vector2]

Another point to be aware of is that ACA sabotage isn’t helping. Removing the individual mandate means fewer people in each pool- costs go up. Trump administration expands non-ACA plans and that means fewer people in each pool- costs go up. Trump removes cost-sharing reduction payments to insurers....costs go up.

 

[aneftp]

Another point to be aware of is that ACA sabotage isn’t helping. Removing the individual mandate means fewer people in each pool- costs go up. Trump administration expands non-ACA plans and that means fewer people in each pool- costs go up. Trump removes cost-sharing reduction payments to insurers....costs go up.

Trump and repubs won’t get rid of it. Because aca taxes (Medicare surtax) and investment surtaxes 3.8% will be generating so much tax revenue.

It’s like the alternative min tax. Generated so much revenue. They couldn’t get rid of it for decades