Most self employed workers end up purchasing coverage in the individual market. You can sign up for a plan through your state insurance exchange.
The open enrollment for plans beginning in 2014 closed on March 31st. You would have to show that you established an account online prior to that date, or had a qualifying life event to get a plan with immediate coverage. Change in employment can be considered a qualifying event. Otherwise, you would have to wait until the next open enrollment in the Fall.
You may be able to deduct the premium expenses on line 29 of your 1040. Consult a tax adviser.
Co-Founder, TermInsuranceBrokers.com, Goldenzweig Financial Group, Las Vegas, Nevada
If you're self-employed, you're generally getting your health insurance coverage from one of two places, the individual market or your spouse's group coverage, if available.
Individual health plans can be purchased on or off the health insurance exchanges. If you qualify for a subsidy, you would want to look at health insurance ON the exchanges - subsidies can only be used for on-exchange policies.
.JPG){kind=avatar}
The open enrollment for plans beginning in 2014 closed on March 31st. You would have to show that you established an account online prior to that date, or had a qualifying life event to get a plan with immediate coverage. Change in employment can be considered a qualifying event. Otherwise, you would have to wait until the next open enrollment in the Fall.
You may be able to deduct the premium expenses on line 29 of your 1040. Consult a tax adviser.
Individual health plans can be purchased on or off the health insurance exchanges. If you qualify for a subsidy, you would want to look at health insurance ON the exchanges - subsidies can only be used for on-exchange policies.