Getting Affordable Self-Employed Health Insurance
As a self-employed individual, you are entitled to health insurance just as much as the other person employed or self-employed. If you have a sole proprietorship business, your health insurance need is more than likely a bigger necessity than an employed person, because any illness or medical condition that requires hospitalization could easily wipe out your personal savings and put your business in a precarious position.
Unfortunately, many are in similar situations. There are an estimated 40 million Americans who don't have health insurance, and many of them are small business owners or people employed at small companies (according to BusinessWeek, 4/16/07 "Stopping Reform Before It Starts"). You don't have to take a huge risk by not having health insurance at all, when venturing out on your own. Similar to buying other insurance coverage like auto, home or renters insurance, you can also purchase health insurance separately and it is possible your current agent can offer you a multi-policy discount .
If you're currently employed and choose to go on your own, see if you can use your employers COBRA insurance ( Consolidated Omnibus Budget Reconciliation Act ) as an in-between plan while you search and compare health insurance policies.