http://www.webspin.org/finance/tax-tips-for-the-self-employed/ News, Reviews, Information, Articles from around the web. Tue, 29 Sep 2009 17:37:50 +0000 hourly 1 http://wordpress.org/?v=3.0.1 http://www.webspin.org/finance/tax-tips-for-the-self-employed/comment-page-1/#comment-2102 brazil oil stocks Tue, 29 Sep 2009 17:37:50 +0000 http://www.webspin.org/?p=747#comment-2102 Running a small consulting services business I had to deal with this issue. In New York State I found that I could get the same group rates as other employers through my payroll services company. That was a huge relief so I was able to afford to keep my insurance even when the business went bad. Sure I had to keep the payroll service but that cost very little compared to the difference between group rates and individual rates. As to the fuss in the US — lots of people are simply afraid of change and are wary of even bigger government. They fail to grasp that our current system as it is proceeding will cause an increasing percentage of us to be uninsured. I hope we do not have to wait until 50% of us are uninsured to make the necessary changes. Even with my insurance (with significant employer contributions) I am worried about financial disaster. The only policy that I can afford only offers $1,000 per year (per person) maximum perscription coverage. That’s usually enough or close but a major illness would quickly exhaust that limit. Unless you have great credit and/or significant savings one major illness would put you in the spot of not being able to get the medicine you need. Running a small consulting services business I had to deal with this issue. In New York State I found that I could get the same group rates as other employers through my payroll services company. That was a huge relief so I was able to afford to keep my insurance even when the business went bad. Sure I had to keep the payroll service but that cost very little compared to the difference between group rates and individual rates.
As to the fuss in the US — lots of people are simply afraid of change and are wary of even bigger government. They fail to grasp that our current system as it is proceeding will cause an increasing percentage of us to be uninsured. I hope we do not have to wait until 50% of us are uninsured to make the necessary changes.
Even with my insurance (with significant employer contributions) I am worried about financial disaster. The only policy that I can afford only offers $1,000 per year (per person) maximum perscription coverage. That’s usually enough or close but a major illness would quickly exhaust that limit. Unless you have great credit and/or significant savings one major illness would put you in the spot of not being able to get the medicine you need.

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