Individual Texas Health Insurance Now Option With Independent Contractors

Back in the mid 90’s during our last economic pothole I remember more and more of the Texas workforce was pushed over to contract labor. Companies, mainly those involved in the technology and telecommunication sector, were looking for ways to shave cost, and utilizing independent contractors was an easy way. Most Texas employees don’t realize the yearly cost of benefits provided by their employer, heck, most Texas health insurance brokers don’t, but since I had the honor or serving the citizens of Arlington in a local political capacity I saw the enormous cost associated with employing people. I remember the cost of benefits and other expenses amounted to about 75% of the yearly salary of the employee. The numbers are astonishing and what is the quick fix? Independent contractors, that’s what.

This time around I feel that it will be more than the technology sector getting squeezed out, I feel all sectors of our workforce is subject to the squeeze. I know this sounds scary, being a contractor, but if you just follow a few simple steeps you will be fine.

First off, you need to secure Texas health insurance benefits, and fast. You can not allow a lapse of greater than 63 days to take place, otherwise pre-existing condition limitations will most likely come into play. I have found most Texans migrating to a contractor position are used to the super rich Texas health insurance benefits that were offered by their employer. With that being the case I would advise going with a Texas doctor co-pay plan, these plans best resemble the traditional health insurance offered by group insurance.

These plans will differ in just a few areas, mainly with the yearly deductible choices. There are few if any plans that offer deductibles as low as most group plans. The traditional deductible on an individual health insurance plan in Texas is about $2000. In regards to co-pays, you should be able to find one at about $25 per office visit. Most legitimate doctor co-pay plans in Texas will offer some type of out patient prescription drug coverage with a co-pay.

Now, where do the big differences come in? Underwriting. All individual health insurance in Texas must pass through medical underwriting, only group health insurance plans mandate guaranteed issue. This is the single biggest misconception floating around out there. So many Texans leaving employment contact me for Texas health insurance and get very argumentative with me when I inform them medical underwriting will factor into getting a policy issued. Sorry, federal law doesn’t require individual health insurance in Texas to provide you with coverage.

Now, after getting a policy approved what can you expect? Well, for starters lower Texas health insurance premiums. The rates are all over the map depending on the deductible and benefit choices, but most often there will be substantial savings. The easiest way to find out is to simply get a Texas health insurance quote online from my site.

I know loosing the comfy security of working for a large company that provided benefits is spooky but don’t fret, individual health insurance in Texas brokers are here to help. We deal with this stuff all day every day, it’s just a walk in the park. I promise! See for yourself by getting a free instant Texas health insurance quote right now!