Three Ways Self-Employed Individuals Can Take Advantage Of Group Health Insurance Plans
One of the great things about working for a large company is having access to affordable health insurance rates. This is made possible by the use of group health insurance plans. Unfortunately, many self-employed people simply assume that they will not qualify for these group plans because they are not a member of an employer-sponsored insurance group. This really is quite unfortunate because the truth is, there are several ways in which even sole proprietors and freelance contractors can take advantage of this opportunity to score truly affordable health insurance. Continue reading below in order to learn more about three of the ways in which you may be able to qualify for group health insurance plans even if you are self-employed.
Form An Insurance Group With Other Freelancers In Your Field
One great way for self-employed individuals to qualify for group health insurance plans is to form an insurance group with other freelancers in the same field. While these individuals may not work for the same company as you, the fact that you share a common profession is enough to qualify you for group insurance rates through many providers. When choosing to form an insurance group using these criteria, you can choose to make your criteria as general or as specific as you want. For instance, you could choose to form a group with other freelance musicians or you could open your group to all freelance artists.
Form An Insurance Group With Other Self-Employed People In Your Area
If there are not enough people in your field to form an insurance group using your profession as a common trait, you could also choose to form an insurance group based on where you live. When forming an insurance group using these criteria, you will be able to open your group to all self-employed people in your local area. What makes this type of insurance group so beneficial is that it allows you to open up your group to a larger number of people. Since the rates offered by group insurance plans often decrease as your group gets larger, this can be a great way to score the lowest possible rates.
Form An Insurance Group With Other Members Of Community Organizations
Insurance providers do not require that your group criteria relate to your job in any way. Instead, they simply require that all members of your group must share a common denominator that limits potential membership. Consequently, you can also choose to form an insurance group with other members of any community organization regardless of their geographical location or employment status.
To learn more, contact group health insurance services in your area.
