Health Insurance Guide For The Self-Employed

Whenever you begin looking into health insurance, you should always know how much care you and your kids use. Have the pharmacy run a report on medications you and your family have filled for the last year. If you currently have health insurance and only have the reference point of your co-pay, the full cost of these medications may surprise you!

Next, log into your insurance carrier’s portal to pull the last year of claims. If you don’t currently have insurance, collect all your medical bills and find the total.

Break these totals out by each person. Once you have that amount, estimate if the next year will be similar or different. For example, I know that one of my children will be incurring a VERY expensive medical experience next year, so I will change my plan to accommodate that.

If you have a special needs child, make sure you check with the providers and find out what needs they may have and how that might be covered. For example, children with Autism are often prescribed ABA Therapy. Not all plans cover this, and some have limits on it. If this is something that applies to your child, it is good to know how it is covered before you make a selection.