5 Alternatives to Traditional Health Insurance for Freelancers 135

5 Alternatives to Traditional Health Insurance for Freelancers

The following article is a guest post.

Traditional health insurance plans have growing costs, which can be intimidating to those looking to begin their own freelancing careers.

Whether you’re just starting your own business or you’ve been looking into different options that suit your needs, there are several alternatives to traditional health insurance that might be a better option than conventional plans.

It is worth doing your research to determine if there is an alternative option which both protects your health and your wallet.

1. Primary Care Memberships

In recent years, more and more primary care facilities are offering their own membership plans for those without insurance.

These can sometimes even be cheaper than having insurance, and they aren’t limited to doctor offices. Dentists, eye doctors, chiropractors and more have been launching their own membership initiatives.

Membership programs generally require a monthly fee like a gym membership. This fee gives patients access to routine care like physicals, blood tests, and more without worrying about a copay. If you decide a primary care membership is for you, be sure to consider a high-deductible, low-premium policy in case of catastrophic injury or illness.

2. Open a Health Savings Account (HSA)

Health savings accounts are usually arranged through employers, but they can be set up by individuals as well. All payments made into these accounts are pretax deductions and can cover medical expenses such as doctor visits and medications. They also usually involve coverage for a catastrophic illness or injury.

Health saving accounts generally come with a debit card which is used to pay for everything from surgical procedures to prescription medications.

The best advantage of HSAs is that you own your own account. The money is yours to do what you wish with as long as it’s spent solely on medical related expenses.

Often times your HSA can even be used to pay for over-the-counter medications! All interest earned on your HSA is tax-deferred and there are no taxes on any withdrawals from the account. HSAs are an excellent option for freelancers.

3. Cost-Sharing Programs

Medical cost-sharing programs are a popular choice among freelancers. Members of these programs pay monthly fees similar to insurance premiums and in the case of medical costs members pay incidental fees. The pool of members share costs and can even negotiate discounts with certain physicians and hospitals to keep the costs low.

The monthly fees for medical cost-sharing programs are often cheaper than traditional insurance making them solid choices for freelancers.

4. High-Deductible Policy

If you’re young and in generally good health, you might only need a high-deductible insurance policy since you don’t expect many (or any) medical costs within a year.

These low-premium policies only give coverage for major injury or treatment while keeping other costs to an absolute minimum.

5. Supplement Plan

If you know you have a need for a lot of medical coverage, you might want to look into a supplement plan. While regular insurance plans leave you paying deductibles and copays, a supplement plan is an easy way to bridge the gaps in costs.

Medicare supplement plans are popular for those who qualify for medicare and need the extra coverage. Critical illness insurance or disease specific insurance is a smart choice if you suffer from disease related burdens.

Alternative to Traditional Health Insurance

Freelancers often struggle to find a way to cover their own health expenses. These intimidating costs can even scare potential freelancers away from starting their own business for fear of medical expenses. Luckily, there are more options now than ever before for freelancers looking to purchase alternatives to traditional health insurance.

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5 Online Degrees That Pay Well and Lead to Great Employment Opportunities 3

5 Online Degrees That Pay Well and Lead to Great Employment Opportunities

Online programs range from diploma mills employers knowingly screen against to brand name universities issuing degrees equally valued by employers and employees. But many online degrees teach you skills employers will readily pay a premium for and will give you great employment opportunities.

Here are the 5 best online degrees for employment.


We still pay people quite a bit of money to keep track of our money, whether as individuals or organizations as a whole. Those with a degree in accounting earn more than the average person with a business degree.

If you upgrade to a master’s degree in accounting, you’re well on your way to a lucrative position as a CPA.

If you specialize in tax accounting, you would work as a tax preparer full time or seasonally, while those working in bookkeeping are well paid whether working full time or part-time.

If you earn a degree in accounting after working as a life coach or personal development, you could become a personal finance advisor. Or simply work in accounting, a field expected to grow 13% over the next ten years despite the increasing use of personal accounting software.

If you are looking for a reputable online accounting degree, there are a number of Kaplan Online Programs you can choose from which are all highly recommended.


5 Ways to Boost Your Business Revenue

Businesses pay people to find out how to better understand their customers and speak to them. This is why marketing assistants earn thirty to sixty thousand dollars a year, while experienced marketers earn much more.

If you have copywriting skills like determining which keywords should be integrated into a webpage to put it front and center before a target demographic when they’re ready to buy, you’ll make even more.

If you have a track record of success or management skills, you could easily earn a hundred thousand dollars a year running a marketing department. Not only that, but online marketing degrees are highly respected since marketing and other financial degrees transfer very well online.

Human Resources

Human Resources has become far more complex over the past few years as rules and regulations that companies have to abide by exploded in number.

Hiring, firing, promotions, and training have to be done per complex procedures if you want to minimize the risk of a lawsuit. And whether it is required by state law or guidelines set by federal contracts, you have to fill out a number of reports each month, quarter and year on your workforce.

This means that working in HR is no longer something you do when you want a break from ordering office supplies. It requires training in the law, industry-specific software and procedures. If you earn an online degree in Human Resources, you’ll be eagerly sought after by many companies’ personnel departments.

Video Game Design

While Hollywood’s blockbuster seasons get reported on the news, the reality is that people spend several times that much on video games per year. This money is increasingly spent on digital releases over physically purchased game disks, and spending is shifting toward subscription services and apps.

The sheer amount of money means that even free games that make money through advertising or in-game purchases have to look good, while expensive games have to offer rich visuals to keep the audience engaged.

This has led to the appearance of video game design and video game arts as its own degree program, separate from the general graphic arts. If you have this expertise, you’ll find decent paying jobs with a number of companies as well as gaming app startups. And this degree means you don’t have to spend a lot of time learning to code, either.

Not only that, but with an online degree in video game design, you could get the foundation to create your own video game development company, all from the comfort of your home.

Database Administration

IT is a hot degree today, but learning how to code can seem daunting, and staying up to date with the constantly evolving programming languages is a challenge.

Conversely, database software has been relatively stable, and companies are seeing their stored data grow by 10% a year or more. The solution is larger and more complex databases and more database administrators.

If you earn a degree in database administration, you could work in a number of industries. Whether you’re controlling access to product data, managing customer data or mining data from the IoT, you have a good career in IT ahead of you.

And with the advent of Big Data and advanced data analytics, database administration degrees should continue to be in high demand for years to come.

All these careers have great prospects and adapt themselves very well to online education. This will not only mean that employers will be more inclined to consider you but will give you the same full spectrum of skills any traditional degree would.

Online programs range from diploma mills employers knowingly screen against to brand name universities issuing degrees equally valued by employers and employees. But many online degrees teach you skills employers will readily pay a premium for and will give you great employment opportunities.  Here are the 5 best online degrees for employment.