Tips for Self Employed Persons Looking for Texas Health Insurance Plans
Don't rush or be rushed. Don't go with the first Texas health insurance plan presented to you. Don't allow anyone to rush you into signing any contract or paying any money. Take time to research Texas health insurance providers.
Make a needs list. Make a list of the benefits and services you want to see in your Texas health insurance plan. Consider not only your needs, but your family's as well.
Take advantage of Cobra. If you have left your job to become self-employed, you are entitled to Cobra under the law. You can continue the same Texas health insurance plan you had through your employer for 18 months. You will have to pay the same premium the employer paid to insure you.
Consider plan type. Determine if an HMO or a PPO is the better choice for you. A PPO may offer less flexibility but premiums and co-pays may not be as costly as you expect.
Comparison shop. When shopping for Texas health insurance plan, don't go with the first plan presented to you. Shop around. See what else is out there. Compare premiums, out-of-pocket costs and benefits.
Stick to your budget. Money will likely be tight for a while if you're making the leap into self employment. Create a budget and stick to it. Consider how your individual Texas health insurance premium will affect your monthly budget. How much insurance can you afford? Is it better to pay a higher premium for smaller medical bills later? Or, is it better to pay a smaller premium and pay a higher medical bill?
