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Do you buy health insurance or have a traditional employer

Discussion in 'Business & Tax Advice' started by bhaffil, Jan 19, 2011.

  1. bhaffil

    bhaffil Newbie

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    This seems to be the closes forum for this discussion so I will put it here.


    Unfortunately health insurance is tied with employment. For those of us who are self employed we have to find our own. Do any of you purchase your own health insurance or do you go without?
     
  2. eidyggidogon

    eidyggidogon Newbie

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    I'm kind of curious about this too. At some point I want to allow my wife to quit working, but she's the one that insures both of us through her work. I haven't had time to research my options so I'd be curious of others experience.
     
  3. CoyoteAssassin

    CoyoteAssassin Elite Member

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    For guys, private insurance coverage is not too expensive. That is not the case for the ladies if they want a policy that covers birth. You can get a good plan for the two of you for less than $400 a month.

    You need to do your research and if you want to leave the employer plan, consider signing up for your private plan in advance as often there is a 12-month period before some things will be covered.
     
  4. DMSEsquire

    DMSEsquire BANNED BANNED

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    Or just do what I did, get a low-paying, low-maintenance job. I'm a manager at a Sonic down the road from my house. I come into work for about 2 hours most days, check around the place, leave. Decent health insurance for me and my wife (and in the future, kids). Oh, also salaries at $35k/year, so it's not bad considering I rarely do anything :D
     
  5. bhaffil

    bhaffil Newbie

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    You only have to show up 2 hours a day as a manager?
     
  6. DMSEsquire

    DMSEsquire BANNED BANNED

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    Yeah, I'm only a co-manager, so it's not like I'm the only one holding down the fort. Besides, there isn't a whole lot to it, since I mostly handle the HR part of management. I have to hire and fire mostly, meaning the rest of the whole "manager" work falls to the two other managers. The owner doesn't seem to realize that he could pretty easily just give my work to the other two and save himself some money. Word to the wise: if you aren't a smooth-talker, invest in some speech classes and work your damnedest to become one, because it will get you almost everywhere :D
     
  7. premiumsource

    premiumsource Senior Member

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    I got an excellent health and dental insurance for my wife and myself and it's only $230/month, so $115/person. We used ehealthinsurance.com to find it. Of course, premium will vary from person to person depending on your health, age, lifestyle and a few other things.
     
    Last edited: Jan 19, 2011
  8. onlinewealth

    onlinewealth Junior Member

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    That sounds cheap! I'm paying $1,100 per month for Horizon BC-BS HMO and I don't have Dental or Eye coverage. I'm 58, she's 45 & my son is 23 in college.

    When you checked with ehealthinsurance did you get alot of phone calls from insurance agents or was it direct from ehealthinsurance?


     
  9. scubasteve

    scubasteve Junior Member

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    It feels good to live in a country where I have universal health care, paid for by taxes (Costa Rica).
     
  10. dvno879

    dvno879 Regular Member

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    ahhaha must be great quality!! :p
     
  11. premiumsource

    premiumsource Senior Member

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    It was directly through ehealthinsurance - they gave me a list of companies that agreed to my search criteria. It's an inexpensive but nonetheless great coverage. $1500 deductible, $10 office visits, and $15 for prescription drugs. It also covers everything else which is hard to find. We are in our 20s, so that might be a reason for an inexpensive premium. We could have opted for a higher deductible since we are healthy and the only time you use your deductible is if you end up in a hospital and have high medical bills. But we played it safe and got a low deductible.

    The only thing it doesn't cover is vision.



     
    Last edited: Jan 20, 2011
  12. aReJay

    aReJay Power Member

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    Healthcare? I'm invincible!!!

    Actually I pay $1,500/yr in public heath care (govn. mandated) and then another 5K/yr (tax deductible) in private. But that includes dental, eyes, physio, massages and all the other good things.

    -aReJay
     
  13. Ziloo

    Ziloo Junior Member

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    When I was living in the UK, the public health insurance covered everything (if a bit slower than private). Now I live abroad, I'm paying about €100 a month. Doesn't seem too bad compared to the States.