Being self-employed is difficult enough. However, getting health insurance coverage doesn't have to be. With any type of health insurance, you hear terms like deductible, coinsurance and copayment. These terms can be confusing.
We at Very Good Coverage understand that and try to cut out all the noise providing you with all the information you need.
With self-employed health insurance, you not only get the flexibility needed for those with unpredictable income, but you can also qualify for a tax credit as well.
You can modify your coverage to suit your needs and your pocket. Should you need more from your plan, you have the freedom to look for the best plan that suits your personal needs and circumstance without worrying about getting stuck with a pre-selected plan.
Just as with family and individual health insurance plans, self-employed health insurance coverage comes with various plans you can select from. They include:
You can get self-employed health insurance if:
While it is called self-employed health insurance, you can still apply for coverage in Iowa if you are a small business owner. Iowa has a small business exchange or SHOP. This exchange enables business owners with a maximum of 50 employees to apply for insurance.
Using SHOP to purchase health insurance could mean you qualify for tax credits valued at up to 50% of your monthly premiums.