85. Understanding Self-Employed Health Insurance with Jessica Skoney

10.29.24 - 85. Understanding Self-Employed Health Insurance with Jessica Skoney

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This episode features health insurance broker Jessica Sconey. They delve into a broad range of topics essential for self-employed consultants navigating health insurance. They discuss private versus marketplace plans, utilizing healthcare.gov and state exchanges, and the complexities of health insurance applications. Key highlights include understanding brokers vs. agents, accurately reporting income for tax credits, how to verify correct income figures, budgeting for health insurance, and the importance of seeking second opinions on brokers. With practical advice and real-world examples, this episode empowers listeners to make informed decisions about their health insurance options.

(01:20) Understanding Self-Employed Health Insurance Options

(02:30) Private Insurance vs. Marketplace Plans

(04:13) Navigating the Marketplace

(12:45) State Marketplaces and Medicaid

(19:34) The Role of Brokers and Agents

(21:54) Initial Consultation with a Broker

(23:45) Understanding Client Needs

(23:55) Impact of Age on Health Insurance

(24:59) Cost Considerations for Self-Employed Individuals

(27:47) Importance of Accurate Income Reporting

(31:24) Household Income and Tax Credits

(36:12) Navigating Health Insurance Options

(39:47) Working with Health Insurance Brokers

(45:34) Conclusion and Contact Information

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