What do I Need to Know about Health Insurance if I am Self Employed in Nevada?

According to the most recent census, the number of Self-Employed businesses in the country is growing rapidly, and Nevada is the state leading this growth. If you are among the 1000's - over 90,000 in Clark County alone- who may have left the security of a full time job to join these swelling ranks you probably are in the market for Nevada Health Insurance for the Self Employed.

Many entrepreneurs in Nevada as in other states can obtain health benefits through their spouse's employers. However if you do not have that option then you will need to protect yourself and the future of your business with an individual or small group Nevada Health Insurance Policy. According to the Nevada Department of Business and Industry Division of Insurance, the huge number of small businesses and individuals seeking Nevada Health Insurance has created a great opportunity for fraud. The Department reports that in the last three years Nevada businesses lost over 10 million dollars to fraudulent insurers. That is why when it comes to shopping for Self Employed Health Insurance in Nevada knowledge and education is really your best "policy". According to the States Insurance commissioner "Information is the key to avoiding insurance problems and scams" Before purchasing any Nevada Self Employed Health Insurance plan the Department insists you verify that the company you are considering is licensed by logging on to www.nvinsurancealert.com or by calling toll-free in Nevada at 888-467-4195. The DOI also suggests you:

• Inquire about a larger deductible; it is usually a great way to reduce premiums
• Be sure to shop around, Nevada is a competitive state, and not all companies sell the same product at the same rate
• Always, always read any policy documents carefully and be sure you are fully aware of all exclusions and exceptions.

If you are Self-employed in Nevada and considering your insurance needs, do not forget to think about a Nevada Life Insurance or a Nevada Disability Income Policy. As a small business or a start up with limited financial resources, it may have been hard enough to accept the need to purchase health insurance, but a Nevada Life Insurance Policy can be just as important to keep the business going in the event of the death of the owner or a key employee. For the self-employed Nevada Disability Insurance is even more important, as a sole-proprietor how will you ever pay your bills if you should become disabled due to accident or illness? You can find out more about the insurance needs for the self employed in Nevada and a wealth of other information for small businesses at the Nevada Small Business Development Center's website, www.nsbdc.org or The Nevada Department of Business and Industry, http://www.doi.state.nv.us/

Part of being self-employed in Nevada or anywhere else is that spirit of individuality, that strength of character and determination that drives one to be in charge of their own destiny. However, when it comes to Nevada Health Insurance for the Self Employed the wise and successful entrepreneur also knows when and when not to "do it alone".