Are you a self-employed person and looking for the best health insurance to cover you? Or perhaps you’re one of the growing numbers of Americans who work as freelancers or contract workers. In any case, being self-employed comes with its own unique set of challenges when getting health insurance. If you’re self-employed, it might seem like buying affordable healthcare is impossible. However, that’s not the case! There are several different plans out there that cater specifically to individuals who operate their businesses independently. Keep reading to learn more about the best health insurance for self-employed people in this article.
The best health insurance plan for self-employed individuals will depend on their specific situation, financial needs, and personal preferences. Self-employed individuals have different needs than other types of workers. When you’re self-employed, you’re essentially your own boss, meaning that if you get sick or hurt, there’s no one else to take care of things for you. This means that it’s even more important for self-employed people to ensure they have the right kind of health coverage. There are several different options available to meet the needs of any self-employed individual.
Self-employment can be an exciting and rewarding way to make a living. It also presents some challenges, including the need to find affordable health insurance. This is especially true if you’re self-employed and cannot take advantage of an employer-sponsored plan. In such cases, you will need to purchase your own health insurance policy as well as meet other requirements regarding the Affordable Care Act (ACA). Finding the best individual health insurance for your situation can be challenging. Fortunately, there are several options available to self-employed individuals.
These plans offer a balance of affordability and adequate coverage in case of illness or injury. Keep reading to learn about four potential options for an affordable and quality health insurance plan as a self-employed worker.
Let’s take a look at some of the best plans for self-employed workers and what they offer.
The best health insurance for self employed
Self-employment can be both rewarding and challenging. It provides you with a lot of freedom and control, but it’s also riskier than having an employer. If you’re thinking about going into business for yourself, it’s important to have the right kind of insurance to protect your assets from potential risks. In this post, we’ll look at the best health insurance for self-employed.
1. Blue Cross Blue Shield
Blue Cross Blue Shield is a health insurance company with over 40 years of experience providing health insurance plans to people in the United States. It is a coalition of 34 different insurance companies that offer several insurance plans, such as health savings accounts, health maintenance, and flexible spending accounts. Since their inception in 1929, Blue Cross Blue Shield has built a strong reputation, and most of its companies have good customer ratings earning the BCBS number 1 in the best health insurance company for self-employed.
Blue Cross Blue Shield offers health insurance services to over 110 million people in the United States. The BCBS is available in all 50 states in the U.S. They have a wide network range which includes 96% of hospitals and 95% of specialists and doctors in the United States.
Blue Cross Blue Shield offers different services depending on the state. For instance, you may have access to the gym equipment with discounts if you are a member of Blue365. You can compare the BCBS health insurance quotes through their Company’s website and know the price you will pay for your health insurance as the prices vary by age, location, tobacco use, plan type, size of the family, and nature of your job.
While using the Blue Cross Blue Shield, you can log into your online portal or mail to access a summary of your claim and know how much you owe after receiving healthcare and a prescription from Blue Cross Blue Shield hospital.
Looking at how the Blue Cross Blue Shield makes use of a data-driven approach, self-employed workers are likely to prefer it, as they can access their personal healthcare data from the comfort of their homes. Blue Cross Blue Shield makes use of this online method nationwide to reduce the high cost of a healthcare plan and also connect with their insured faster.
Why we chose it
Having a history of nationwide availability and satisfying its customers, Blue Cross Blue Shield is our number one healthcare plan for the self-employed.
- The BCBS company has a strong reputation.
- They offer affordable services in their healthcare plan
- They have a good customer rating
- Customers using the Blue Cross Blue Shield healthcare plan are willing to refer the Company to other people looking for a good healthcare plan.
- They provide a large network range.
- To improve affordability and quality, they make use of a data-driven technique.
- Services Blue Cross Blue Shield offers vary from each state, making the experience of their members vary.
- Due to the services in some regions, some states get bad reviews from members.
- It might be difficult for a self-employed worker to know which plan to choose as there are lots of them.
2. United Health Care
United Health Care is a multinational managed insurance and healthcare company under the United Health Group (the biggest insurance company in the United States) based in Minnetonka, Minnesota, America. They offer health insurance services to people worldwide.
United Health care was founded in 1977 and have been offering healthcare plan to people ever since. They have an A rating in the AM Best due to their top-notch services and allows putting their customers first. The United Health Care Insurance Company have a revenue of over $273 billion, so you don’t need to worry about their ability to pay your claims as they are financially stable.
They have a wide range network which includes over 1.3 million doctors, 6,500 hospitals, and other health facilities nationwide. You can always find a United health care facility close to you wherever you are in the United States. The Company offers different healthcare plans such as Medicaid, Medicare, short-term insurance, dental, vision, and supplemental coverage.
You can apply for a health insurance plan and get quotes through the United Health Care website. Although prices are not listed on the website, you can find five different coverage levels, from the basic to the platinum. You will be given a discount if you add vision care or dental coverage.
United Health care plans, just like the Blue Cross Blue Shield Insurance Company, vary in each state and have some other factors that determine the price of your premium and deductible like your plan type, family size, if you smoke, nature of your job, and your age.
United Health Care has a simple claim process: You don’t need to submit a claim if you use the Company’s healthcare facilities. Although if you don’t use the United Health Care company facilities, you will have to file a claim. The Company has an online platform where you can submit your claim.
United Health Care is one of the biggest healthcare providers in the country that offers more networks. Enlightened entrepreneurs may prefer the United health care method of addressing healthcare inequality, digital therapy, or the use of artificial intelligence to engage members better.
Self-employed workers may prefer the United Health Care Insurance plan as it is easy to find in every state and offers nice coverage and services.
Why we chose it
The United Health Care Company is available in all the 50 states in the United States of America and has a wide network of over 1.3 million doctors and 6,500 hospitals nationwide.
- It has a wide range of networks, including 1.3 million providers and 6,500 hospitals.
- It is available in all 50 states in America.
- Customers can get a health care plan and quotes online.
- They have an impressive financial strength
- They offer beneficial health insurance plan
- They have poor customer satisfaction in some region
- They have a history of discriminating against substance abuse and mental health illness patients to save money.
3. Kaiser Permanente
Kaiser Permanente, commonly known as Kaiser, is a healthcare company based in America. Kaiser was founded by Physician Sidney Garfield and industrialist Henry J. Kaiser in 1945. Kaiser Permanente is a coalition of three separate independent groups: the Kaiser Foundation Health Plan, Inc. (KFHP) and its regional operating subsidiaries; the regional Permanente Medical Groups, and Kaiser Foundation Hospitals.
Kaiser Permanente has a rating of 4.5 over 5.0 from NCQA. It also received standout rankings in 2021 by J.D. Power USA. Kaiser sets to offer integrated health care services, i.e., continuous healthcare service, instead of a fee-for-service healthcare system. It offers health insurance plans for over 12.5 million people, and it’s available in only 8 states in the United States of America, namely: Washington, California, Colorado, Hawaii, Georgia, Maryland, Virginia, and Oregon.
Kaiser Permanente has a network that includes 734 medical offices, 65,005 nurses, 39 hospitals, and 23,656 physicians. Being insured with Kaiser Permanente gives you access to several health plans, including Medicaid, Medicare, health savings accounts, high deductible health plans, eligible plans, and catastrophic plans. The price and services differ in each state.
You can get the Company’s quote or apply for a health insurance plan through their website. Just like other health insurance providers, the price of your premium and deductible depends on where you live, family size, plan type, if you smoke, age, and nature of your job. You can also make a claim on their website, but the processing of your claim depends on your health insurance plan. Kaiser Permanente Company also added some steps that will aid you in submitting claims in an emergency or if you are away from home.
As a self-employed worker, it’s important you avoid additional expenses. Kaiser Permanente offers benefits to their customers through preventative care to ensure you stay healthy. The Company finds it easy to detect the early stages of diseases through their record-keeping and system of reminders.
As a result, the Company is number one nationwide in detecting cancer through their screening and keeping a cap on high blood pressure.
Why we chose it
Kaiser Permanente is on our list of the best health insurance for self-employed because it offers preventative care for its customers at an affordable rate.
- It provides preventative care.
- It offers satisfactory customer service.
- They offer a variety of health plans.
- They offer health savings account option to help the user with health-related expenditures.
- They are only available in 8 states.
- You must make use of only Kaiser facilities.
Cigna is a multinational healthcare and insurance company in Bloomfield, America. It was founded in 1792, making it the oldest insurance company on our list of the best health insurance for self-employed workers. The Cigna Company has an A rating from AM Best and ranks 4.0 in the NCQA. Cigna also has high ratings in the J.D. Power 2021 U.S.
Cigna provides health insurance to over 180 million people in 30 countries, including 1.5 million providers and facilities. Cigna Health insurance company works with over 500 hospitals, 67,000 pharmacies, and 175,000 mental and behavioral health providers.
In the United States, Cigna provides individual plans to 13 states, namely; Colorado, North Carolina, Arizona, Florida, Illinois, Georgia, Missouri, Kansas, Mississippi, Pennsylvania, Tennessee, Virginia, and Utah. Cigna’s healthcare plan varies depending on the region you live in. Also, you may have access to any of Cigna’s products like Medicare, Medicaid, dental insurance, international health insurance, vision insurance, or supplemental plans.
You can buy Cigna’s coverage or get their quotes and also send a claim through their website or Healthcare.gov. or your state exchange. The price for the premium and deductible may vary depending on factors like; the type of plan, where you live, if you smoke, your age, the size of your family, and the nature of your job.
Cigna offers some options that will interest self-employed workers, like low-cost virtual care. Cigna also has Express Scripts Pharmacy. It provides 24/7 access to a licensed pharmacist and home delivery of a 90-day supply of prescriptions that self-employed workers would love.
Why we chose it
Cigna is on our list for the best health insurance for self-employed because they offer individuals looking for convenient virtual care and home-delivered prescription.
- They offer $0 annual check-ups for their customers.
- Cigna offers a health information helpline, which runs 24/7
- They have a mobile app that helps keep track of medical care, bills, and health-related goals.
- They have a wide range of network providers.
- They offer their customers prescription delivery and virtual services.
- It is not available in all states in the United States of America
- They have a limited coverage area.
Obtaining affordable health insurance as a self-employed individual is not easy, but it is possible. Depending on your situation and needs, there are several different kinds of plans that you can explore to find the best one for you. In this article, we have listed the best health insurance for self-employed. All you need to do is go through the list and select the one that suits your need.