Navigating health insurance as a solopreneur, with Mitchell Underwood
Health insurance can be intimidating, especially when you first go out on your own and don't have an employer-sponsored plan to fall back on. In these transitions, having a health insurance broker can be a huge help.
Today, to discuss the complexities of individual health insurance, we speak with Mitchell Underwood. He helps solopreneur and small business clients evaluate their options in private insurance as well as government-subsidized marketplace insurance.
What do you need out of a health insurance plan? What is your budget? Where do you live? What doctors and networks are available in your area? When do you need coverage to start?
These questions will help guide you toward the right choice for yourself, your family, and even your employees (if you have them). Mitch walks us through each of them and their implications.
Mitchell Underwood
Today, to discuss the complexities of individual health insurance, we speak with Mitchell Underwood. He helps solopreneur and small business clients evaluate their options in private insurance as well as government-subsidized marketplace insurance.
What do you need out of a health insurance plan? What is your budget? Where do you live? What doctors and networks are available in your area? When do you need coverage to start?
These questions will help guide you toward the right choice for yourself, your family, and even your employees (if you have them). Mitch walks us through each of them and their implications.
Mitchell Underwood
- Find him on LinkedIn: https://www.linkedin.com/in/thehealthadvocate/
- (00:00) - Navigating health insurance as a solopreneur, with Mitchell Underwood
- (01:34) - Making the jump from an employer health plan to an individual health plan
- (08:23) - How price is determined
- (11:15) - What Mitch does for his clients
- (17:34) - Open enrollment periods and qualifying events
- (20:41) - How do insurance brokers get paid?
- (27:25) - Mitch's ideal client
Links:
- Mitch's interview with Paul Ranieri on Tax Strategy Digest: https://www.linkedin.com/pulse/mastering-health-insurance-paul-ranieri-oyjic/
- Mitch's "thanks so much for being honest" post we discussed at 24:17 https://www.linkedin.com/posts/thehealthadvocate_thanks-so-much-for-being-honest-this-activity-7199799949079846912-hwep/
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