Health Insurance Guide For The Self-Employed
By Rebecca Yates
Chapter 1: Determine if you are going to do an individual policy or a group policy
Check the federal poverty tables listed on our blog here. to see if you and your family fall into the brackets listed. If, your modified adjusted income (your income after business expenses), falls between 135% and 400% of the federal poverty level, then you most likely qualify for government subsidies. If your income range is not listed in the table (or make more than 400% of the federal poverty level) then a group policy will most likely be the least expensive option with the best benefits and have the most tax benefit.
Navigating the complex world of health insurance can be daunting. The Ark Insurance Solutions team has the skill and experience to guide you. We’ll help you compare health plans to make the best decision based on your unique circumstances and budget. Give us a call at 801-901-7800 or click here to schedule an appointment with us.