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What’s the Cost of Health Insurance for the Self-Employed in Texas?

Writer's picture: Sarah CallahanSarah Callahan


As a self-employed Texan, finding affordable health insurance is key to protecting both your health and finances. Without an employer-sponsored plan, you're responsible for securing your own coverage, and costs can vary depending on several factors. Here's a quick guide to help you navigate your options and make informed decisions.


Key Factors Affecting Health Insurance Costs


  • Coverage Type: The more people you need to cover, the higher your premiums. Age, health, and your ZIP code also play a role in determining costs.

  • Health Insurance Marketplaces: The ACA allows you to compare plans and potentially qualify for subsidies, which can lower premiums based on your income.

  • Private Health Insurance: Offers flexibility and more customization options but can be pricier than Marketplace plans.

  • High-Deductible and Catastrophic Plans: These plans offer lower monthly premiums but come with higher out-of-pocket costs. They're ideal if you're generally healthy and don't expect high medical expenses.

  • Spouse’s Employer Plan or COBRA: If your spouse has coverage, you may be able to join their plan. COBRA allows you to continue coverage through your former employer after job loss, though you'll pay the full premium.

  • Medicaid & CHIP: For eligible low-income individuals, these government programs offer affordable coverage options.


Understanding Costs


  • Premiums: For individual coverage, expect to pay $300–$500/month. Family plans typically range from $1,200–$1,500/month.

  • Deductibles and Copayments: A higher deductible means lower monthly premiums but more out-of-pocket expenses when you need care.

  • Subsidies: You may qualify for subsidies through the ACA if your income is between 100%–400% of the federal poverty level, potentially lowering your premium costs.


Alternatives to Traditional Health Insurance


  • Short-Term Plans: Provide temporary coverage with lower premiums but limited benefits, especially for things like preventive care or pre-existing conditions.

  • Medical Packages: Combine short-term coverage with dental, vision, and prescription options for a more affordable plan.


Pay for Only What You Need: Supplemental Coverage Options from Texas Insurance Now


At Texas Insurance Now, we understand that every self-employed individual has different healthcare needs. That’s why we offer supplemental options that allow you to tailor your coverage to only what’s necessary for you. Whether you need dental, vision, or prescription coverage, we can help you add these benefits to your plan, ensuring you’re not overpaying for coverage you don’t need.


Finding the Right Plan


Navigating health insurance doesn’t have to be overwhelming. At Texas Insurance Now, we’ll help you compare plans and find one that fits your needs and budget. We can even help you find the right supplemental coverage to give you the flexibility to choose only the services you’ll use.


Final Thoughts


The cost of health insurance for self-employed Texans depends on several factors, but there are plenty of options to suit every budget. Whether you qualify for subsidies, need private insurance, or are interested in short-term plans, it's important to review all your choices. Texas Insurance Now is here to help you explore your options and find the best coverage—whether it’s a full plan or a more tailored solution with supplemental options.


Start comparing plans today with Texas Insurance Now and pay only for the coverage you need!

Get a free quote today!

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