Affordable Health Insurance Options for the Self-Employed in Dallas 2021 

You have a lot of options when it comes to finding health insurance broker in Dallas. There are two paths for acquiring health insurance in Texas: private and government-funded. Deciding which one works best for you depends on a number of factors like your age, income, health condition, and whether or not you own a business.  

Private vs. Government Funded Health Insurance

• Private Health Insurance Plans: These include comprehensive health insurance plans regulated by the Affordable Care Act, short-term health plans, catastrophic health plans, Medicare Advantage plans, and Medicare Supplement plans. 
• Government-funded Health Insurance: These include Original Medicare, Medicaid, CHIP coverage, TRICARE military insurance, and VA Health Insurance. 
• Private Non-ACA Health Insurance: A great option if you don’t have any pre-existing conditions that require ongoing medical treatment. Often ideal for the self-employed. 

When to Enroll in Texas Health Insurance?

The Texas Open Enrollment Period for Obamacare (ACA) insurance typically starts November 1st and ends December 15th. If you miss the open enrollment deadline, you may need to wait until the following year to enroll. However, that doesn’t mean your health insurance options end. Private health insurance providers like Freedom Life Insurance Company of America offer year round enrollment. 

How Much Does Dallas Health Insurance Cost? 

The average monthly premium for Obamacare Texas health insurance is $436 in 2021. However, the amount you pay for coverage will depend on factors such as where you live, the plan you choose, and the insurance company offering the plan.  

Dallas Health Insurance Plans for Self-Employed and Small Business Owners 

• Self-Employed: You’re self-employed if you run a business that doesn’t have any employees.  So you qualify for individual health insurance under the Affordable Care Act (ACA). You can use the ACA Marketplace to apply for Texas self-employed health insurance. 

Completing an application lets you know if you can get subsidies to lower your monthly premium, free or low-cost coverage through Medicaid, or the CHIP program. Income and household size determine eligibility for savings.

• Small Business Owner: You’re considered a small business owner if you have at least one employee who isn’t a co-owner, business partner, or spouse of an owner or partner. If you have 1 to 50 employees, you can enroll yourself and your eligible employees in the Small Business Health Options Program (SHOP) through Healthcare.gov. 

If you don't have any pre-existing conditions that require ongoing medical treatment, choosing a private health insurance plan can be a great option for the self-employed. The costs are much more affordable than the ACA plans, the rates are very stable, PPO coverage is nationwide, and you can enroll at any time during the year, unlike the ACA options.  In addition, 100% of your premiums are tax-deductible. 

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