Self Employed Health Insurance

Health insurance in Georgia resource for self employed business owners. Low rates, affordable plans for the self employed. Personal service, professional advice. Group or individual health insurance plans available.

Independent professionals and small business owners are simply unable to afford reliable self employed health insurance for themselves or their employees due to cost.

For many self employed or small business owners, the best option may not be a group health insurance plan. In many cases a list bill health insurance plan will accomplish the goal and save money.

Income Tax Advantages for the Self Employed

If you are self employed (including general partners in partnerships, limited partners receiving guaranteed payments, and taxpayers who receive wages from S-corporations in which they own more than 2% of the common stock) and have a net profit for the tax year, you can deduct 100% of the self employed health insurance premiums you paid in 2009 for yourself, your spouse, and your dependents on Form 1040, Line 29. 

Your self employed health insurance tax deductions cannot exceed the net profit from the business from which the self employed health insurance premiums are paid, – less your tax deductions on your tax return for self employment tax and any Keogh, SEP, or SIMPLE plan contributions.

You cannot take the special 100% tax deduction for self employed health insurance premiums in any month in which you are eligible to participate in any subsidized health plan maintained by your employer or your spouse's employer.

You may also want to research your tax questions at the IRS site.


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