Being self-employed means that you have taken the time to forge your own path and even more so if you have decided to build a business out of your endeavor.
Building a successful business can be hard work. However, finding affordable self-employed health insurance shouldn't be. Every self-employed person faces unique challenges when it comes to searching for and obtaining health insurance coverage.
When evaluating your self-employed health insurance choices in Delaware, you should always consider your options' benefits and costs.
You can choose to get the traditional individual health insurance coverage. They are:
You could also choose to go down the route of getting a traditional small business health insurance coverage as long as you run a small business with a minimum of 2 staff and a maximum of 50.
Delaware takes it a step further when it comes to small business health insurance coverage. Business owners can offer a defined contribution health insurance plan to their employees.
Small business owners and other self-employed individuals in Delaware have access to the Small Business Health Options Program or SHOP exchange.
The Delaware exchange is supported by the federal government and makes any business with a maximum of 50 employees eligible for this type of insurance.
When it comes to self-employed health insurance, Delaware actually has an Open Enrollment period. The Open Enrollment Period typically starts from November to January the next year.
If you’re not a business owner, you can get self-employed insurance as well, just as long as your reported income is via a business with no other employees.
Considering the terms and eligibility requirements can be quite confusing; you really don't want to make the mistake of choosing self-employed health insurance that isn’t suitable for your needs. This is why we at Very Good Coverage decided to make a form that gives you a choice you’d love.
All you need to do is place your information in the form by answering a few questions about your insurance preferences, and before you know it, you have a health insurance quote matched to you.
Try it! Make your insurance work for you!