Finding health insurance for self employed individuals is possible though, and there are some pretty good deals around if you know where to look.

It’s true that some insurance companies try to take advantage of your self-employed status and charge you more than regular employees. Some companies will even put limits and exclusions on your policy, so you must ensure you check all the terms and conditions before you buy.

So before you buy a policy, here are some of my suggestions of what you should look out for in health insurance for self employed:

Your first step is to research all the healthcare plans available and then create a short-list of the ones most suited to you and your profession. Before deciding on the plan, look at other options that may be important to you, such as additional cover for your family and children.

Start off with a health comparison website for getting as many free health insurance quotes as possible. You can often get some great online discounts this way, plus you can get many quotes in just a few minutes.

Check you are not being over-charged because you are self-employed. You can do this by additional getting quotes posing as a full time employee. If you find a particular company overcharging for a like-for-like quote then you can probably discard that one.

Check for “cafeteria” style plan s that will allow you to pick and choose what kind of medical cover you need. You may find a cheaper health insurance policy this way that will cover you for all major medical expenses, but not short term illnesses (for example).

Check for policy exclusions – If your work can entail some dangerous activities you may find that you are not covered in the event of an accident. However, if you declare these up-front you may get charged an additional premium, but at least you can sleep soundly at night knowing you don’t ever need to pay for surprise medical bills.

Check for additional cover that may be of benefit, such as payment protection to cover your monthly bills, or plans that pay you a monthly sum should you have a long time off work due to illness. Often it is cheaper to “top-up” a policy rather than buy separate insurance policies.

Check if you need cover for initial consultation fees, as removing this cover can decrease the costs substantially. However, be aware that a single consultancy fee can cost hundreds of dollars!

Check if the policy includes a “no-claim discount” protection. This works by reducing you annual or monthly subscription should you go 12 months without using the policy.

Above all, discovering the right health insurance for self employed individuals is more than just finding cheap medical cover. It’s all about finding the right health care coverage that fits with your lifestyle and doesn’t cost a fortune.

To get started, I suggest you get a range of free quotes from the link below:

 Click here to find cheap health insurance for self employed Individuals (USA only)