Protecting Your Health and Your Business Is An Essential Part of Being Your Own Boss

Health insurance for self-employed Arizonans is as indispensable as it is for those who have coverage through an employer. As exciting and rewarding as being your own boss is, all you’ve worked so hard to build could come crashing down if a serious illness or injury happens to you while you are uninsured.

Even for routine care or treatments, healthcare costs can quickly drain your bank account and eat up any income you earn from your business. And because unexpected medical emergencies can strike at any time, health insurance is crucial to financial stability and peace of mind.

Fortunately, there are many affordable options for health insurance for self-employed individuals and their families in Arizona. However, sorting through all the available plans and coverages can be difficult and confusing, so many entrepreneurs take advantage of the expertise and guidance an independent health insurance broker provides. Your broker can help you find the coverage that best suits your needs and budget so you can spend less time worrying about health insurance and more time focusing on your business.

Related Reading: How To Find the Best Independent Health Insurance Broker Near Me

Health Care Expenses Are Unpredictable and Constantly Rising

AZ Health - health insurance for self-employedUnpredictability is one of the only predictable things in life. Even if you consider yourself a model of perfect health, you can suddenly sustain a serious injury or find yourself in a doctor’s office diagnosed with a chronic illness like cancer. If that happens, the cost of medical treatments, prescription medications, and hospital stays can quickly accumulate. Most self-employed individuals, successful as they may be, are not sitting on piles of cash they can use to pay for needed medical care.

Without health insurance, you may accumulate an oppressive amount of debt or even forgo critical treatments or medication due to the astronomical costs of medical care. All of that can jeopardize your ability to sustain your business and livelihood.

A severe illness or injury can lead to extended periods of absence from work, resulting in loss of income and potential clients. Health insurance for self-employed individuals and their dependents ensures that they can focus on recovery without the added stress of financial worries in the event of unexpected health setbacks. This coverage provides a sense of security while planning for the future – without the constant fear of an unexpected medical crisis that could lead to financial ruin.

Staying Healthy Can Keep Your Business Healthy

The best medical care doesn’t focus on just curing illness or fixing injuries, but minimizes the likelihood of those things happening in the first place. Under the Affordable Care Act, individual and family plans must cover the costs of preventative care services such as immunizations, routine check-ups and screenings. These services are essential to detecting and addressing health issues before they become more serious and costly. By availing yourself of cost-free or low-cost preventative care services, you can keep yourself healthy, avoid sick days or disability, and keep your business humming along.

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Subsidies and Tax Benefits

Additionally, enrolling in a health insurance plan can provide tax benefits to self-employed individuals. Self-employed individuals may be eligible for tax deductions related to health insurance premiums and qualified medical expenses. Additionally, self-employed individuals with modest incomes may be eligible to receive government subsidies that can reduce the cost of health insurance premiums. These options can alleviate some of the financial burdens associated with healthcare costs and make health insurance for self-employed individuals and their dependents a more affordable option.

Why Working With an Independent Broker Is The Best Way To Get Health Insurance For Self-Employed Individuals

Many self-employed people were former employees of companies that provided health insurance coverage or previously had coverage under a spouse’s group insurance plan. Choosing a health insurance plan is easy when only one plan is offered.

As a result, people starting their own business may not be familiar with the ins and outs of health insurance plans – what to look for, how to find a plan that fits their specific needs, and how to compare the many available plans in Arizona.

AZ Health - health insurance for self-employedMost busy entrepreneurs do not have the time to get familiar with the complexities of individual and family health insurance coverage, which can be confusing and frustrating. By trying to select a plan on your own, you’ll have no one available to answer the many questions you will likely have, which can result in a lack of confidence that you are picking the best plan for your budget and lifestyle.

For these reasons, many Arizonans choose to work with an experienced broker specializing in health insurance for the self-employed. Independent health insurance brokers immerse themselves in the world of health insurance, receive extensive education and training, and undergo a rigorous licensing process in order to offer their services to individuals and families in Arizona.

These professionals will take the time to get to know you, answer your questions, and propose the best health insurance options for you and your family. The best part is that a broker’s services won’t cost you anything.

Let Our Experts Help You Find The Health Insurance Coverage That Is Right For You

If you are self-employed and need health insurance for yourself and your family, Arizona Health Insurance Experts Arizona can connect you with the state’s most exhaustive collection of independent insurance agents and brokers who can help you obtain the right coverage for you. Find a broker near you today.