best Medicare insurance for self-employed individuals

best Medicare insurance for self-employed individuals

Self-employed individuals approaching 65 must enroll in Medicare Part B during their Initial Enrollment Period — there is no employer coverage exception. Medicare Supplement (Medigap) provides the most predictable costs for self-employed people who cannot afford unexpected medical bills.

What You Need to Know

• Self-employed individuals must enroll in Medicare Part B during IEP — no employer exception
• Medicare Supplement provides predictable costs — no surprise bills
• Medicare Part B premium is deductible as a business expense for self-employed
• Consider your cash flow — Medigap premiums are predictable; MA copays are not
• An independent agent can compare all Medigap carriers in your zip code