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Self Employed Health Insurance

Self-employment can insure that you can work on something you're passionate about, set your own schedule and work at your own pace. The rewards are yours alone. The downside is perhaps missing the camaraderie of others, the social benefits, the intangible benefits as well as real benefits, such as overtime pay, paid holidays, vacation time and a health insurance package.

If you're supporting a family the insurance benefits can be of utmost importance, for no matter how hard you work at your business, any illness that requires hospitalization or ongoing medication can take a huge bite out of any profit you make. And if you have a partner, life insurance to protect the business can be of equal importance.

If you are just contemplating going into business for yourself you would be wise to take these factors into consideration before taking the plunge. Do your homework and make sure your business plan includes the insurance factor. Shop around for the best health insurance quotes.

In spite of the possible risks in setting up your business, many people, fed up with the 9 to 5 existence and following someone else's plan, the comfort of a benefits package and insurance, are setting out to create their own companies. In fact according to the US Census Bureau, the number of business with no paid employees grew from the year 2002 to over 18 million in 2003, a growth rate of 5.7 percent, and is still growing at a rapid rate, this according to a report issued September 2005.

There are a lot of options for help with startup, help to obtain loans, to formulate a business plan, etc., including help from the US Government's Small Business Administration (SBA),and also those sponsored by various States.


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