Fixed annuities are low-risk, making them a lucrat...
In today’s swiftly changing work environment, more individuals are embracing entrepreneurship and self-employment. As people have shifted to online businesses and remote work even more in the wake of the pandemic or left their jobs during the Great Resignation, there’s been an uptick in self-employed individuals and small business owners.
As of February 2022, 11% of the United States labor force is self-employed. For reference, in the last 23 years, self-employment has only neared 11% once in 2004.
The liberty of being your personal boss comes with its perks: you can work on your own schedule, answer only to clients, and take a greater share of your profits. But it also increases the burden on yourself as the sole proprietor or small business owner.
For small business owners and self-employed people, choosing the right medical insurance can be a complicated hassle. It can be challenging to locate the right insurance provider among the swaths of agencies out there and find a plan that works for you and your business if you don’t know where to look. Let’s explore what you need to know as a self-employed person or small business owner when it comes to health insurance options.
For small business owners, health insurance plans are vital. Employee benefits—like health insurance—help you attract and retain quality employees and ensure your employees remain healthy and happy, while your small business enjoys tax benefits. Some employee benefits like health insurance are tax deductible, allowing you to provide health insurance to employees and write it off to save money.
Health insurance for self-employed individuals has similar benefits. First and foremost, you’ll be covered for certain medical expenses, ensuring you don’t pay out of pocket and don’t have to worry about uncovered medical expenses. Secondly, you may qualify for savings, like premium tax credits on a self-employed health plan.
Some common types of plans for self-employed individuals and small business owners include the following:
We get it—finding the right health insurance can be tricky. Here are some quick tips to help you get started:
By following these tips, you'll be better prepared to navigate the world of health insurance and make informed choices for yourself and your small business.
Individuals operating without personnel, or a small team of employees face a unique set of challenges. LCK Insurance Agency acknowledges the need for customized solutions, supplying individual medical health insurance plans tailor-made to meet specific requirements.
From comprehensive coverage to more budget-friendly alternatives, you and your LCK insurance agent can customize a plan that matches your self-employed or small business health insurance needs and financial constraints. Our deep knowledge of the coverage landscape ensures that our customers get tailor-made recommendations and comprehensive insurance options that don’t break the bank.
Contact LCK Insurance Agency today to learn more about how we can help you create a health insurance plan, no matter your budget or requirements.
When it comes to your self-employed venture or small business, don't fixate on the lowest premium. Insurance is more than a price tag; it's a service and valuable advice.
Not all agents are the same. Some are tied to one insurer, while independent agents like us have access to many. This means customized coverage tailored to your needs.
Building a strong relationship with your agent is vital. You should feel comfortable asking questions and getting honest answers.
Your business deserves an experienced agent who understands the insurance landscape and your unique needs. Unsure which insurance to get or which agent might be the best fit for you? We can help you make the right choice for your business. Download our free eBook today to help you with this important decision.
Fixed annuities are low-risk, making them a lucrat...
Health insurance has undergone major changes over ...
Leap | Carpenter | Kemps Insurance Agency provides Commercial Business Insurance, Employee Benefits, Life and Health Insurance, and Personal Insurance to all of California, including Merced, Atwater, Los Banos, Mariposa, Madera, Fresno, Modesto, Turlock, and Stockton.
CA License Number 0646081 | Licensed to do business in California, Arizona, Hawaii, Idaho, Montana, Nevada, North Carolina, Oklahoma, Oregon, Virginia, West Virginia and Washington.
© Copyright 2023 Leap | Carpenter | Kemps Insurance Agency — Privacy Policy | Terms & Conditions.
Merced Office
3187 Collins Drive
Merced, CA 95348
Phone: (209) 384-0727
Additional Contacts
Toll Free: (800) 221-0864
Fax: (209) 384-0401