How to Get Affordable Health Insurance With the ACA

Did you recently leave your job to start your own business? If you’re like many other self-employed professionals, you’ll need to purchase health insurance through the Affordable Care Act (ACA).

The ACA has made health insurance more affordable for millions of Americans, but it can be difficult to know where to start. Here are a few tips to help you get the coverage you need:

What is the Self-Employment Ledger?

If you are self-employed, you will need to provide the marketplace with a self-employment ledger. This ledger is a record of your income and expenses from your self-employment activities. The marketplace will use this information to determine your eligibility for premium tax credits and cost-sharing reductions.

What Should I Include in My Self-Employment Ledger?

Your self-employment ledger should include the following information:

Your name and contact information
Your business name and address
The dates of your self-employment activities
A list of your income and expenses from your self-employment activities
Your estimated income and expenses for the upcoming year

How Can I Get Help with My Self-Employment Ledger?

If you need help creating your self-employment ledger, you can contact a licensed agent or tax professional. They can help you gather the necessary information and ensure that your ledger is complete and accurate.

What Happens if I Don’t Provide a Self-Employment Ledger?

If you do not provide the marketplace with a self-employment ledger, you may not be eligible for premium tax credits or cost-sharing reductions. You may also have to pay a higher premium for your health insurance.

Get Help from a Licensed Agent

If you are self-employed and need help getting health insurance, you should contact a licensed agent. A licensed agent can help you compare plans, find the right coverage for your needs, and enroll in a plan.

Don’t wait to get health insurance. The enrollment period for the ACA ends on January 15th. If you don’t enroll in a plan by this date, you may have to wait until the next open enrollment period to get coverage.

Getting health insurance through the ACA can be a complex process, but it is important to make sure that you have the coverage you need. By following these tips, you can get the health insurance you need to protect yourself and your family.