coverage at manageable prices.
Whether it is affordable, of course, is a crapshoot. That depends on a myriad of factors–where you live, the ages and the health of who is being covered, and the type of policy you need, among other things.
Today, an estimated 42 million people — about a third of the American work force– are technically their own boss. I’m one of them. We’re self-employed
freelancers and independent contractors. Some workers who fall into this cadre are temps or part-timers. Some have already officially “retired” and are
continuing to work a reduced schedule, or have accepted an early retirement package, then launched an entrepreneurial enterprise.
2010 health-care reform law, is intended to tackle this problem beginning in 2014. That’s when if you’re under 65, you will be able to purchase health
insurance through state insurance exchanges, with tax credits for those with low and moderate incomes. And if you have a pre-existing condition, you’ll be able to land a policy. For more details on what the health-care law does, go here.
hurdles is figuring out how to pay for health insurance until 65 — the magical age when Medicare kicks in. Medicare will cover the majority, but not all,
health care costs. Among large firms (200 or more workers) about one in four offered retiree health benefits in 2011, down significantly from 32% in 2007, and a far cry from the whopping 66% who offered retirees health bennies in 1988, according to the Kaiser Family Foundation/Health Research & Educational Trust survey. And only 6 percent of small firms offered retiree health benefits last year.