The self-employed often face challenges in finding adequate and affordable health insurance. While relying on COBRA might be a viable option for some, there are other affordable options available to the self-employed.<\/p>\n
Those who have recently become self-employed have the opportunity to preserve their health coverage by taking the initial step of extending their employer-sponsored health benefits through COBRA, which allows workers to extend their health benefits for up to 18 months after leaving a job. The up side of choosing this option is that coverage is guaranteed. The down side of electing to continue coverage through COBRA is that employers no longer pay their portion of the plan’s premium, and this can be anywhere from 75 to 80 percent of a plan’s cost. By keeping the coverage and paying the employer portion, self-employed individuals are likely to see a huge difference in what they pay for the coverage. However, this option (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" The self-employed often face challenges in finding adequate and affordable health insurance. While relying on COBRA might be a viable option for some, there are other affordable options available to the self-employed. Those who have recently become self-employed have the…<\/span><\/p>\n