Finding affordable self employed insurance that will accommodate your needs, your family’s needs, and maybe even a few part time employees can be a difficult task. There are so many plans to learn and educate yourself with that it could take forever before you figure it all out. As a self employed individual living in the New York area there are many questions you need to ask yourself before signing into a given plan
- Do you have any chronic conditions or pre-conditions that you must consider?
- Are you afflicted with Diabetes, high blood pressure, chronic heart ailment?
- Are you living alone or do you have a wife and children?
- Do any of your children have asthma that must be monitored?
- Are you expecting more children in the future?
These and many other so called conditions must be monitored if you want to remain healthy enough to run your small business. There are so many important issues that must be addressed, whether you already have an insurance provider or are looking to switch to another, more affordable plan. There is so much more research that must be accomplished before you make any decision.
If you are more focused on a preventative type of insurance program you could research any one of the managed care programs that are offered throughout New York State through the www.ins.state.ny.us.
With this method you will probably pay less for the initial premium coverage, but there are a few risks.
- You are limited to most non network providers and this may be a problem for you and your family if you tend to travel.
- You will, most likely have to show a need for a treatment that you deem necessary. Asking for permission in a sense, so be sure to read the fine print and not necessarily the lower monthly premiums.
- Co-payments can be as low as $10.00 per office visit, but with restrictions.
- Little or no hospitalization deductible, so worth looking into for you, your family and your prospective employees.
The whole premise behind this type of coverage is to keep the cost of medical care as low as possible and still provide minimal coverage to the masses. As long as you remain within your network there is a very good possibility that you will have a co-pay for very little and in some cases no payment at all. However, if you step outside your available network you may wind up paying dearly for any medical assistance that you require. If you or any of your family members have a serious chronic illness this type of preventative coverage may not be what you are looking for.