Being self-employed may be a “dream come true” for you.  You are your own boss and you have your time in your own hands.  However, that also means that no one else is going to take care of you but just yourself.  No one will remind you that you need health insurance (well, except for us here through this article).  And no one will tell you which insurance companies you should consider.  Nevertheless, you have the choice to do research and take responsibility for your health insurance.  Remember, it’s your health at stake.  If you get terribly ill and are not able to work, you’re going to watch your dream going down the drain.  So pay attention to the next things you are about to read.

Here are three potential disasters to avoid when buying self employed health insurance.

1. Simply put, you need to purchase enough coverage. When receiving a policy through your employer you never had to worry about this. After all, you took what they offered. But if you are buying self employed health insurance, you cannot do this. It is up to you to make sure that your policy offers enough coverage for you, and maybe even your family.
2. Are you going to skimp on self employed health insurance costs so that you can put more money into your business? This is a common way of saving money, but also one that is quite risky. You would be better off cutting corners somewhere else. Remember, if you do not have your health you are not going to be able to work anyway.
3. Buying from a “lesser known’ health insurance company could be a huge mistake. While they may offer lower rates, they may not have a large network. This means that it can be difficult to find a doctor in your area. And if you have an emergency, it can put you in an even worse position. Before you purchase self employed health insurance, make sure that the company is well connected with doctors and hospitals in your area.