Forking over $31,200 yearly for health insurance as new entrepreneurs sounded like a financial nightmare. That was not in our budget when we started our business years ago. We did some research and stumbled upon the world of health sharing plans.
We know if you're starting a new business, health care has likely crossed your mind! In this episode we explain what we did for health coverage when we quit our jobs and what we do today. We share the pros and cons of health sharing plans that can save you money if you are on a tight budget in the beginning.
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05/23/24 • 25 min
What Your CPA Wants You to Know - 74. Health Insurance Options For Business Owners
Transcript
Well , we recently also quoted traditional insurance . Now that our business is more stable and we could commit to something a little bit more expensive and for a family of five so it's us two and our three children it would be about $2,600 a month for traditional health insurance . So we would be paying $31,200 a year for health insurance . So we would be paying $31,200 a year
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