Whether it’s the sniffles or an aching muscle that ails you, you need health insurance to cover your healthcare costs.
But, with gig work on the rise, many independent contractors are wondering how they can enroll in a health insurance plan. Since 1099 employees are different from full-time employees of a company, the process looks different.
Finding high-quality health insurance as an independent contractor or part-time worker may sound complicated. Luckily, we are here to help you understand your options and how to get health insurance as an independent contractor.
Read on to learn how you can get health insurance today.
Health Insurance for Independent Contractors
Finding a health insurance plan that’s both affordable and covers what you need can be difficult. That’s why we help Qwick Professionals understand their health insurance options.
Get Connected to Health Insurance Options
Indipop matches self-employed workers and independent contractors with an affordable healthshare plan. Stride gives users the lowest possible rate for a personalized ACA health plan recommendation.
The bottom line? As a Qwick Professional, there are various options for you to access cost-effective health insurance.
How To Get Health Insurance as an Independent Contractor
There are a few different ways to get health insurance for 1099 workers. We will cover each method of securing healthcare to help you along this process.
Use the Health Insurance Marketplace
As an independent contractor, you are eligible to enroll in health insurance through HealthCare.gov’s marketplace. The Health Insurance Marketplace was created in 2014 from the Affordable Care Act (ACA). You can apply during the open enrollment period (typically in November/December) or a Special Enrollment Period due to a Qualifying Life Event.
To complete the application, you will need:
- Information about your household
- Your home and/or mailing address
- Social Security Number
- Income Information
You can use an agent, broker, or assistant to apply for health insurance or complete the process on your own. There is an online option, a mail-in application, or you can apply by phone.
Enroll for Private Health Insurance
The other option is going directly to the private health insurance company you are interested in and applying on their website. For instance, on a health insurance company’s website, you would select individual plans and compare different plans and their benefits.
What To Look for in a Health Insurance Plan as an Independent Contractor
All Affordable Care Act (ACA) plans must cover the same 10 benefits.
These benefits include:
- Prescription drugs
- Pregnancy, maternity, and newborn care
- Pediatric care
- Mental health and addiction services
- Preventative, wellness, and disease management services
- Lab tests
- Emergency services
- Ambulatory services
- Rehabilitative and habilitative services and devices
However, not all healthcare for part-time workers is the same. There will be services that differ in each category based on the state or the specific plan. During the open enrollment period, you can see exactly what each plan covers to determine which plan is the best fit for you.
Here are a few things you want to consider when choosing health insurance for independent contractors.
Unfortunately, the affordability of private health insurance can often be pricier than getting insurance through an employer. This is because employers typically pay part of the premium each month. As an independent contractor securing private health insurance, you will be responsible to pay the full premium cost.
This does not mean healthcare won’t be affordable. Just remember to shop around and look at all of your options to find the best plan that fits your budget.
As mentioned, ACA plans cover 10 essential benefits, but can vary in levels of coverage.
There are several different types of plans, including:
- High-Deductible Health Plan (HDHP)
- High Maintenance Organization (HMO)
- Preferred Provider Organization (PPO)
- Exclusive Provider Organization (EPO)
- Consumer-Driven Health Plan (CDHP)
- Point-of-Service Plan (POS)
Consider each type of plan and weigh the pros and cons to help you decide.
Once you’ve researched insurance plans and chosen which type is best for you, you will need to evaluate what you can pay as a deductible. Think about what out-of-pocket costs you can feasibly cover.
Typically the higher the deductible, the lower the monthly premium. So depending on your financial situation, you can decide if a higher or lower deductible is best.
Hopefully, this guide helps you to find health insurance as an independent contractor. If you have more questions, speaking to a health insurance agent might be beneficial.
Qwick Helps Gig Workers Access Health Benefits
If you are an independent contractor interested in the hospitality and restaurant industries, sign up for Qwick. Qwick is an on-demand staffing service that connects Professionals to businesses in the restaurant and hospitality industries with open shifts.
It’s a simple way to make your own schedule. Just download the Qwick app, fill out your profile, complete Orientation, and start filling shifts. You can be a bartender, a banquet server, a dishwasher, and more with Qwick. The best part? Get paid almost immediately after finishing a shift.
With Qwick, you’ll be connected to health insurance resources likeStride and Indipop. Start making money today as a Professional with Qwick!