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(MoneyNewsWire.Net, May 16, 2014 ) Brownstown Twp, MI – “One of the most difficult challenges of the self-employed demographic is purchasing health insurance,” discusses a local Brownstown Twp health insurance company. Frost & Remer, a locally based service provider, shares the practical ways to gain health insurance for self-employed.
“Before, health insurance is hard to obtain especially for those with pre-existing conditions. Unless they purchase coverage through a spouse, they won’t have enough to cover their needs.” Frost & Remer shares through its website, http://insurancebyfrost.com. However, the changes laid out by the Affordable Care Act offer Patient Protection. In the reformed health insurance law, it has become possible for the self-employed to gain health coverage even with pre-existing conditions.
“Even though health insurance is made available to everyone, including the self-employed. However, it doesn’t mean it’s going to be cheap,” adds Frost & Remer. The lowest coverage, which is under Bronze, will cost $4,500-$5,000 for each individual and probably $12,000-$12,500 per family by 2016. The costs will be rising after that year.
In order to assist lower and middle income families, a premium assistance credit is provided for those who will purchase directly from the state’s Health Insurance Marketplace. The federal government will pay directly to the insurers and is given to those whose income is within the 100-400% of the federal poverty line.
One can say that credit can be substantial, especially for those paying for Silver of Gold plans. There are also subsidies for co-payments and out-of-pocket medical expenses for those who are under the 250% of the federal poverty level. These significant changes are created to stimulate the health insurance for self-employed sector and for everyone to be covered with practical health policies.
This 2014, all Americans must possess at least minimal health coverage, or they will have to pay a penalty. Companies with 100 or more employees, the mandate will take effect in 2015. For the self-employed, whether they are a sole proprietor, in a partnership or under a limited liability company, it is a must that they have acquired health insurance enrollment by March 31.
The Holland Sentinel discusses the advantages of being a freelancer on its blog, www.hollandsentinel.com/article/20140408/OPINION/140409188/10946/OPINION. “No work is insignificant,” says Joe Coffman, writer of the article. “All labor that uplifts humanity has dignity and importance and should be undertaken with painstaking excellence.”
About Frost, Remer, and Mercure Financial Services, Inc.: Established In 1989 as an independent insurance agency serving the states Michigan, Ohio, Colorado, Georgia, Illinois, Minnesota, New York, Pennsylvania and Wisconsin with their primary focus on Southeast Michigan and Northern Ohio.
Their mission is to provide reliable insurance advice, quality service and honest claims advocacy at affordable pricing for individual, business and farm owners insurance needs by placing their clients’ insurance policies with insurance company partners that are well respected within the industry and are financially sound.
For more information about how they can help provide the right financial protection for you, visit http://www.InsuranceByFrost.com.
Frost and Remer Insurance
Jeff Frost, AAI
(734) 794-3072
JFrost.Frost03@InsureMail.net
Source: EmailWire.Com 
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