It is mandated that everyone have health insurance one way or another. For people that are gainfully employed, this is an easy process. They only need to get a group health insurance policy by their employer.
However, with self-employed individuals, it is a much different take. You have to spend time traversing the health insurance space, getting quotes and finding plans that are best suited to your unique situation. Thankfully, you don’t have to do the runaround any more, Very Good Coverage will do it all for you.
You can get access to Texas self-employed health insurance via the federal marketplace. It has one of the highest enrolment rates after Florida and California. All you need to do is fill out the application.
The health insurance exchange is backed by the federal government and any business with a maximum of 50 workers becomes eligible for this type of insurance. To be eligible as an individual, your income needs to come via a business that doesn’t have any other income-reported employees on your W2 form.
You could also simply fill out the quote information on Very Good Coverage. We help to cut out the noise and give you the essential information you need to make an informed decision.
You may receive a tax credit
You could qualify for a subsidy which comes in form of a tax credit should your income fall below a particular level. The income level is based on federal guidelines and changes each year.
Your premiums are tax-deductible
Being self-employed means that the total of your health insurance premiums can be fully deducted from your personal income taxes, if you show a year's profit.
Individual Health Insurance
Individual health insurance policies refer to those plans bought by individuals to provide insurance coverage for themselves and/or their families. Just about anyone can apply for this type of insurance. Small business owners that don’t provide group coverage minimums can also buy individual policies.
Group Health Insurance
Group health insurance policies are a type of employer-sponsored health coverage. Healthcare costs are usually shared between employee and employee with coverage extending to dependents.Self-Employed individuals in Texas with no other employees can qualify for group health insurance policies.
Let Very Good Coverage Help You Out while you focus on your business. Just take some time to fill out the form and we’ll make the best health insurance suggestion for you.
We can be reached at firstname.lastname@example.org
6307 Llano Ave, Dallas, TX 75214