If you are self employed, then you know purchasing health insurance can be very expensive. Most self employed individuals have to accept reduced coverage or accept very high premiums to get their family health insurance. Before you decide on seeking low cost health insurance, there are two categories to consider. There are group and individual or self employed health insurance plans. Individual is the most expensive and is written based on your medical history, but if you're looking to save money, most people choose group to get low cost insurance.

Group insurance is organized into several medical networks which include HMOs, PPOs, POSs, and Health Savings Accounts. It is best to learn about each of them before making a decision. HMOs are less expensive and offer less options. PPOs and POSs are a little more expensive offering more options and choices of doctors to choose from. HSAs will make you pay higher deductibles, lower premiums, but will provide tax free benefits towards retirement. Choosing among any of these networks will assist in getting a low cost insurance rate.

Self employed health insurance is more costly, but can be applied to online. You can go to self employed health insurance web sites and compare multiple provider plans.

Increasing your deductible is a great to get a lower premium for your low cost insurance. This will greatly save on your monthly premium. You might pay more out of pocket if an emergency arises, but it's better than not having health insurance with monthly premiums you can't afford. Take an inventory of your medical needs. You may also be paying a lot more for coverage of medical conditions you don't have. Stripping away unnecessary coverage will greatly encourage a low cost insurance rate or premium.

Check with local and national organizations for the self employed. These organizations have teamed together to obtain more affordable low cost insurance through group policies. You could also check into a chamber of commerce or union in your geographic area. Also, consider joining the Small Business Service Bureau or the National Association for the Self Employed. This organization founded in 1981 supports and benefits thousands of entrepreneurs and micro-businesses.

Take advantage of club memberships offering discounts on insurance plans. If you are a Costco or Sam's Club member, you can upgrade your membership to a corporate/business membership and take seek out their low cost insurance health plans.

Married and your spouse works? You may be fortunate enough to find insurance options through your spouses' employer. You could save hundreds of dollars per year in premiums.



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