Being your own boss comes with freedom – but it also means handling your own health insurance. If you're self-employed, understanding your options can help you find coverage that fits your needs and budget.  

Start With Your Options

If you don't have access to employer-sponsored coverage, you may be able to purchase an individual or family health plan through the Health Insurance Marketplace. Depending on your circumstances, you may also qualify for financial assistance.  

Look Beyond the Premium

The monthly premium is only part of the cost. Compare deductibles, copayments, coinsurance and out-of-pocket maximums to get a better idea of what you could pay throughout the year.  

Check Your Doctors and Prescriptions

Before choosing a plan, make sure your preferred doctors, hospitals and medications are included. Provider networks and prescription coverage can vary significantly between plans.  

Consider Your Income

Self-employed income can change from year to year. If you're receiving Marketplace financial assistance, keeping your income information up to date can help ensure your coverage and financial assistance are based on your current circumstances.  

Don't Forget to Review Your Coverage

Your business, income and healthcare needs can all change. Review your coverage during Open Enrollment and whenever you experience a major life change.  

Protect Your Health – and Your Business

When you're self-employed, your health is an important part of your ability to keep your business running. Taking time to understand your health insurance options can help you prepare for both expected and unexpected healthcare costs.

Being your own boss means making your own decisions. Make sure your health insurance is one of them.