In this episode, licensed health insurance agent, Heather Aiolupotea, explains what we need to know about health insurance as self-employed music teachers. She explains open enrollment, how to think about what insurance we need, how to evaluate plans, how to find out if you’re eligible for a subsidy, and more.
Heather is so knowledgeable and incredibly helpful. She even shared her phone number if you want to text or call her with questions!
Health Insurance Tips for Self-Employed Musicians
- Check the monthly premiums and annual deductible when evaluating health insurance costs
- Make sure your favorite doctors are in-network for the insurance provider you choose
- Talk to a license insurance provider about health care coverage and options
- If you know you’ll have certain health needs (surgery, prescriptions, pregnancy), take those into account when selecting a plan
- If you’re healthy and don’t need all the services of ObamaCare, an off-market plans might be able to save you money
- You may be eligible for subsidies if you have low income when you’re first starting your studoi
- Not everyone needs dental and vision insurance
- Consider getting a basic term life insurance policy
Resources from Heather
1) HealthCare.gov – how to find out what Obamacare plans are available to you, if you have a “qualifying event” that allows you to apply outside of Open Enrollment (Nov 1 – Dec 15), and if you qualify for a subsidy.
2) If you are paying full price for health insurance (i.e. you are not getting it covered through your job, your spouse’s job, a parent, etc.) I strongly recommend checking out private plans. Talk to a licensed agent that you trust so you don’t sign up for a plan that does not provide good coverage.
4) Feel free to contact me (Heather) with any questions. Insurance can be very confusing!
Connect with Heather