The ACA Makes Freelancing/Entrepreneurship Far More Practical
With all due respect to Ford, GM and other big corporate hires as part of our recovery from the Great Recession, entrepreneurs and small biz risk takers play a huge part in long term recovery. Anything that facilitates them is a step in the right direction for the economy. Today’s specific example-The Affordable Care Act.
I’m one of those guys that almost never had medical insurance provided by an employer. The question I always had was why I had to pay so much more than a guy at the huge GM plant in Van Nuys. (Closed long ago) Well more than GM paid to some insurer. I was no more risk than a guy on that assembly line. No less healthy. Now that question matters far less. Now guys like me in whatever trade have a shot at a fair price.
The Essentials Of The Affordable Care Act For Freelance Photographers
Let’s not kid ourselves, when it comes to health insurance, freelance photographers are in an unfortunate situation. Despite working long hours like everyone else and managing their own business, freelance photographers don’t get the same group rates that regular employees do. There is no question that buying insurance as an individual is more expensive.
If you are a freelance photographer looking for a solution to this problem, look no further. The Affordable Care Act has put a number of measures in place to make things easier on freelancing individuals such as yourself.
The Foundation Of A Good Plan: The Essential Health Benefits
The first way that freelance photographers benefit from the ACA is through the legislation’s ten essential health benefits categories. These are categories of medical services that each and every plan will have to provide for in some manner.
healthcare1I say “in some manner” because specific services are not outlined for each category by the law. Instead, states decides what each plan has to cover in terms of these benefits. To take a look at all of the essential health benefits, check out this list at healthcare.gov’s glossary.