Monday, August 14, 2006
One of the greatest worries in life is falling sick or being disabled with no money in your pocket, particularly if you are self-employed. This ambiguity could be overcome by a health insurance which is a system in which the insurer, typically a private company or government owned company pays the medical expenses of the insured, if the insured falls ill or gets in an accident due to covered causes. In turn the insured has to pay a monthly premium to the insurance company. Health insurance that provides insurance for the self-employed is known as self-employed health insurance.
Self-employed comprise farmers, contractors and small business owners, freelance writers, lawyers etc. There are some factors that divide self employed health insurance from ordinary health insurance
Cost - Self-employed health insurance is costlier than health insurance provided through an employer (like a company). This is because in better groups the cost of insurance gets distributed as compared to smaller groups. This is one of the motive people are unwilling to go for self employment. There are ways and means to decrease this cost which would be detailed subsequently.
posted by kanth
@ 1:43 AM
permanent link | Post a Comment |
0 Comments:
Post a Comment
<< Home