Searching for Affordable Insurances

Unfortunately, this kind of phenomenon is rapidly spreading to other countries as well which results into a lot of people going on without a comprehensive health insurance plan. There have been confirmed reports from the Bureau of Labor Statistics that that the percentage of the national self employment has been running between 7% to 9%. The national self employment is actually the total amount of self-employed people in the entire employment industry. The bureau also states that the amount of sole proprietors has risen to about 20 million is such a short period of time. The difficulties that both the business entrepreneur and the self employed had faced can be clearly seen at www.city-journal.org

The SBA of the United States or the Small Business Administration states that there are over 4 million businesses that are existing today where in there are about 4 to 5 employees per business. Unfortunately, most of these businesses are unable to get affordable health insurance plans, not only for the employees but also for the employers, as well as their families. The real problem that these people are facing is that health insurances are relentlessly on the rise every year. This is what is giving small business owners and the self employed a hard time to buy health insurance or even just maintaining the insurance that they have.

Several facts that are reported about the rise in the insurance premiums:

• The benefits that are included in the coverage of a plan that is meant for a family of four has been limited so as to answer the needs in the costs of the health insurance.
• Some benefits that were previously included in the health insurance coverage like vision care or dental care are already placed in another coverage. If the self-employed still pursue this, they will be faced with a much higher premium than before since they are going for a whole new coverage.
• The yearly premium for a family with four members has risen to $13,000 in 2008 which is an all time high in the industry and has even increased more when 2009 hit.

Now, small business owners and the self-employed are not getting the full extent of their medical coverage compared to the past. They are now settling themselves to reduced health care packages so that they can at least have the benefit of getting the most out of their insurance. The problem to face now is that every year there is still a rise in the insurance premiums and it will not stop just because of the pleas of these people. Lucky for those who have partners who have full medical coverage which can help the family but those that don't have spouses are not so fortunate. Some of them attempt to avail of a group health insurance so that they can have cheaper premiums but there are just insurance companies who still have a high price for their insurances. Furthermore, people who have pre-existing conditions are at a disadvantage because they need to wait for 18 months before they can avail of their insurance and that is already a very long time.