Guides / Protect yourself
Health insurance when you work for yourself
Marketplace plans, savings based on income, and a deduction.
Health coverage is one of the biggest costs of going freelance. Knowing your options helps you plan your rate.
Options
- HealthCare.gov or your state marketplace, with savings based on expected income
- A spouse's or partner's employer plan
- Medicaid, if your income qualifies
- COBRA from a previous job, usually expensive
Good to know
- Update your marketplace income estimate if your income changes
- Self-employed people may be able to deduct health insurance premiums
- Build the cost into your rate
General educational information, not tax advice. Rules change every year. Pocket Change Pros isn't paid by any bank, software company or tax service.