Health insurance for Indiana’s self-employed is easily provided at very affordable rates. Personal Individual and family medical coverage often contains benefits featured in more expensive group plans, but yet, many low cost Indiana self employed health insurance policies are offered by the most respected companies. Our job is to research hundreds of top-rated plans and present the policies that will provide you with exactly what you want.

We work closely with small business owners to provide the lowest cost health care options that will still provide the quality benefits that are needed. Indianainsurancehealth.com works with major reputable companies such as Anthem Blue Cross Blue Shield, Medical Mutual, UnitedHealthcare, Assurant and Celtic so we can research all available options and present you with the plans that best fit your personal situation. We also keep you well-informed so that you know when carriers no longer offer private plans in the state, such as Cigna and Aetna.

If you have become self-employed within the last 12 months, then reducing health care costs is probably a major priority. The best way to protect against major claims and at the same time, keep premiums low, is through a “catastrophic” plan. Generally, these types of plans will cost hundreds of dollars per month less than a comparable office-visit copay plan.

Catastrophic medical coverage in Indiana is available as a “High Deductible Health Plan (HDHP), which provides low premiums with higher deductibles (typically $2,500 to $10,000). With the exception of qualified preventive expenses, all medical claims are subject to the deductible. However, once the deductible is met, many plans pay 100% of covered expenses. This type of coverage also works in conjunction with a Health Savings Account (HSA).

An HSA will not be the perfect solution for every person that is self-employed. We will take the time, however, to carefully consider your personal circumstances to determine if that type of policy is in your best interest. Although it’s hard to predict, if you anticipate going back to work for an employer within 12 months, an HSA may not be the ideal choice. However, any remaining money that has been deposited into your account can be withdrawn and you will not lose any of the funds.

If you have a chronic illness or multiple major health conditions, it is important to continue your coverage with your existing company. If you are eligible for COBRA, you should strongly consider taking advantage of your offer, which should be in writing. Even if you exhaust your COBRA coverage, a HIPAA plan may be available if you have not had a break in coverage for longer than 63 days and you are not eligible for Medicare. Most conditions are accepted by insurers so it may be worthwhile to compare your COBRA premium with the cost of purchasing a new private plan.

If you’re self-employed and live in Indiana…we’ll help you find affordable medical coverage at a rate that will fit within your own budget. The quotes and comparisons we provide are free (the quote button is at the top of the page) and you can always call or email us for personal assistance.