Moor Prosperous Financial Services

Many people receive health insurance through their employer, parents, Medicaid or Medicare. However, for entrepreneurs, that’s not always possible. Another option is to purchase a private insurance plan on a health care exchange, the virtual marketplaces for health insurance. But before shopping, it is important to understand the basics about health care under the Affordable Care Act (ACA) as well as what your other options are for health insurance.

Roughly 90% of Americans have some type of health insurance coverage which I think is great! If that’s you and you are happy with your existing coverage, then disregard this article. I’m talking to the people that don’t have it and don’t think they need it or the people that have it and are thinking about canceling their policy. Whether or not you carry health insurance is, at the end of the day, entirely up to you. But I strongly urge you to read this article in its entirety and consider the importance of having at least some insurance coverage. 

Many people receive health insurance through their employer, parents, Medicaid or Medicare. However, for entrepreneurs, that’s not always possible. Another option is to purchase a private insurance plan on a health care exchange, the virtual marketplaces for health insurance. But before shopping, it is important to understand the basics about health care under the Affordable Care Act (ACA) as well as what your other options are for health insurance.