Over the past ten years, we’ve seen an expansion in the number of self employed people and their growth in turn has had a significant impact on the health care industry.
To really achieve something, small entrepreneurs really need to put in a lot of extra effort, not to mention the solid willpower to survive the struggle. This has been observed well in the community and as a result, health care assistance plans that are economical can be availed by these individuals.
Since the end of World War II, the United States government has implemented laws and regulations that control the salary of employees. So the businesses during this time have looked for an alternative way to persuade returning soldiers from war to be employed by their company. And giving employer-funded health coverage has been one of the best ways to overcome with low wages.
Once again a new nature of insurance plan is available in the market. This is primarily due to the success of self employed community. The new face of health care is now the low-priced insurance plan that would be affordable to small businesses.
Family plans would be a good offering to these small entrepreneurs since they usually cover young families. The plan cost though should be low enough so that it would not disturb so much the daily cash flow of the small business.
Self employed individuals are having difficulty on finding the health care plan that suits their capabilities. One reason is there are a small number of options for economical insurance plan. Low cost insurance is still demanding ample resources for these small entrepreneurs. And at limited finances to fit in daily business expenses and family daily need costs it would be totally responsible to get health coverage after all.
We now go back to the early on nature of insurance family where business owner give out this service as one of the additional benefit given to their workers.
Business owners are now asking for additional amount from their employees for the full payment of health care policy. Unlike during the earlier times where the employer would shoulder the whole amount for the employee’s health coverage, today an employee should give his fair share.
The increasing number of individual walking out of companies to build their own business results to increasing number of self employed. This in