Health Insurance for Freelancers: Everything You Need to Know

health insurance for freelancers

With a federal marketplace plan, the average American paid a whopping $106 per month extra after subsidies. Health insurance for freelancers can be expensive, but the freedom lifestyle is worth it.

As a freelancer, you have the power to choose your office and environment for the day. For many, this is a very rewarding feeling.

The problem is most health insurance seems to be “black and white”. So if you are a citizen of one country but freelancing in another how do you know which insurance is right for you?

Working away in a foreign country is very exciting, but this also means elevated risks. The environment may not be as safe as back at home where your usual health insurance covers.

Here are some tips on how to find the right health insurance as a freelancer. Let’s jump into it…

Common Health Problems for Freelancers

There are many health concerns with living the digital nomad lifestyle. Learning how to prevent these concerns will help you to stay healthy. Helping you to prevent a trip to the doctor.

Sedentary Lifestyle

As much as you are in a new territory, you are still working. Chances are you are sitting longer as a freelancer than a typical nine to fiver. Get up more, join a local fitness team or class to get moving more.

Added stress

Owning your own business can be stressful. To add to that, you are now living in a life of uncertainty in an unfamiliar environment. Pay attention to your stress levels to keep on top of your health.

Different environment

This means everything from the change of weather, to the safety of the traffic where you are currently living. Keep your situational awareness and protect yourself from extreme weather changes.

Why Health Insurance for Freelancers Is Different

If you are no longer working for a big firm, you are probably jumping for joy now that you no longer have a boss! This also means that you no longer have their medical coverage. Now you have to get your own, and doing so can get quite expensive.

Most of the options depend on your previous conditions. Choosing a low-premium high-deductible plan may only help you in the case of an emergency, and higher premium per month plan is ideal if you need more coverage. If you are not traveling, you can opt for a plan that has only local coverage, making it a bit more affordable.

Shopping for health insurance for freelancers can be a tedious task. Make sure you ask around for as many quotes as you can. This allows you to see multiple quotes and options before you decide.

In the case of an emergency, you want to find a healthcare provider that will be covered by your plan. This doctor must also have to be affordable in case of any problems with coverage up front.

Get in Touch

If you have any further questions on how to set up your insurance plans the right way, feel free to contact us. Our goal is to ensure you have your career as a freelancer set up right so you can focus on your success.