Self Employed Health Insurance - Tips For Getting Cheap Health Insurance When Youre Self Employed

If you're self-employed and facing high health insurance bills, there are a number of things you can do to make your health insurance premiums cheaper once you find a good health insurance plan. Some involve opting out of certain coverage, others mean increasing the amount you'll pay out of pocket for expenses. There are also discount health plans that you can join which will offer you cheaper fees for the services that you use. All involve taking on some of the risk for insuring yourself onto your own shoulders.

Eliminate Coverage for Routine Office Visits for Cheaper Premiums - If you're healthy, have few prescriptions and no children, a catastrophic health insurance policy can be all the coverage that you need. The premiums to cover you just in the event of an accident or unexpected illness are among the cheapest you'll find - well under $100 a month for an individual. Shop online for the best rates you can find. In many cases, you can apply online and be insured within 24 hours.

Increase Your Deductible to Save On Premiums - A deductible is the amount of money you'll pay out of pocket before your insurance company takes over payments on your bill. If your health insurance plan includes a deductible (not a co-payment), you can often make your monthly premiums cheaper by increasing the amount of your deductible. While you'll pay more out of pocket if something does happen, it's far more affordable than going without health insurance because you can't afford to pay the monthly premium.

Pay Your Premium Annually for Big Discounts - If overall savings are your goal, you can often get the cheapest rate on your health insurance by paying for the full year at one time. Most health insurance companies will substantially discount your health insurance premium if you pay it all at once.

Open a Medical Savings Account - MSA's are the government's way of helping to make health care more affordable for people who work for themselves or in a small business. A Medical Savings Account allows you to put a certain amount of your earnings into a tax-deferred savings account to cover the cost of medical expenses. By combining this with a cheap high deductible insurance policy, you pay fewer taxes on your MSA earnings, and use them to pay the deductible on your health insurances if it becomes necessary.

Take Your Health Insurance Deduction - When you file your taxes, be sure to take your health insurance deduction. Even if you don't itemize all expenses, you can deduct up to 70% of your health insurance costs from your income when you file your taxes.

To view our recommended sources for health insurance, or to read more articles about health insurance, visit: Recommended Health Insurance Companies Online.

Carrie Reeder is the owner of eZerk, an informational website with articles and the latest news about various topics.

---

Finding Auto Insurance Comprehensive Coverage

You can go online to easily find and quote auto... Read More

Finding a Discount Car Insurance Broker

Discount car insurance brokerTimes past finding a discount insurance broker... Read More

Insurance Adjusters How They Work And How They Think

Here comes the insurance adjuster. Is he overly friendly? If... Read More

Why Boat Insurance Is A Necessity

Boat insurance is necessary for all boat owners who live... Read More

Term Life Insurance and Permanent Life Insurance

Term insurance and permanent insurance are two basic types of... Read More

Life Insurance Benefits

Life Insurance is a legal contract between you and a... Read More

Internet Insurance Leads

It is a fact that more and more people everyday... Read More

Insurance For All Your Gadgets

Personalisation, Digitalisation, Mobilisation, these 3 words represent your life today.... Read More

High Risk Auto Insurance - How to Lower Rates

How is your driving record lately? Do you have a... Read More

What To Do When You Suffer An Injury On The Job?

For over 30 years I have been representing injured workers... Read More

10 Ways To Save On Car Insurance

For most people car insurance is a the single largest... Read More

Health Insurance Options for Entrepreneurs

One of the most important benefits employed people enjoy is... Read More

What Is Homeowners Insurance Coverage?

Before attempting to find the best homeowners insurance coverage you... Read More

Auto Insurance In Texas

If you are looking for auto insurance in texas, you... Read More

Vehicle Insurance Online is a Convenient Way to Get Insurance Cheap

Online comparison shopping is a convenient way to get cheap... Read More

Are You Overpaying On Your Home Insurance Policy?

For many consumers the cost of daily living is becoming... Read More

Private Health Insurance: A Sense of Dissatisfaction

The three C's, customization, consumerization and customer-satisfaction, seem to be... Read More

Check Out The Variety of Auto Insurance Texas Style

They say everything is bigger and better in Texas, and... Read More

Saving on Home Insurance: Tips for Cutting Costs

Everyone is searching for a way of cutting costs, a... Read More

Protecting Your Expatriate Family

If you and your family relocate overseas, one of your... Read More

Insurance For The Self Employed And Those Seeking Health Insurance

First of all, congratulations on deciding to go out and... Read More

Finding California High Risk Truck Insurance

California high risk truck insuranceIf your are in need of... Read More

Health Savings Account (HSA): What Happens to it When I Retire?

The Health Savings Account (HSA) is a great tool that... Read More

Filing Homeowners Insurance Claim Forms: What Steps to Take

Filing a homeowners insurance claim can be done with ease... Read More

Global Warming: Why Consumers and Insurers Are Getting Hot Under the Collar Over Life Insurance.

Global warming may have been lurking on our horizon for... Read More

Terrorism: Acts of Terrorism: When Will Insurance Respond?

Insurance policies provide financial protection in a broad range of... Read More

Home Insurance: Premium Protection In Case Mishap Takes A Rain Check

My whinstone house my castle is, I have my own... Read More

UK Young Driver Motor Insurance - Build Your Own No Claims Bonus or Insure through Your Parents

For may young drivers, affording the costs of motor insurance... Read More

Why Does Health Insurance Cost So Much?

Why does health insurance cost so much? Year after year,... Read More

Life Insurance, the Universe, and Everything

You may have noticed that life insurance is coming back... Read More

Health Insurance Providers Online - Benefits to Applying Online

Health insurance providers are going online to find new customers.... Read More

Why Dont Insurance Companies Reward Us for Being Healthy?

Insurance is always a gamble, a bet actually.You are betting... Read More

How Much Renters Insurance Do I Need?

When obtaining renter's insurance it is important to put serious... Read More