Think you can't afford health insurance as a freelance writer? You're not alone.
Per the US Census Bureau, as of 2004, of the estimated 45 million Americans without health insurance today, 60 percent—24 million—are from families in which the head of household is self-employed or working for a small business. However, with the dramatic raise in health care costs, no one can really afford to be without insurance. If you're one of the millions going without, here is some GOOD news.
As a freelance writer, you may be eligible to deduct 100% of the cost of your insurance premiums on your taxes. There are many groups freelance writers and self-employed people can join to get health insurance at discounted rates. The fees for joining these groups may also be tax deductible.
Don't miss these write-from-home.com articles on health insurance and other benefits for freelance writers:
- Advice on How to Get Health Insurance Benefits as a Freelance Writer
- Organizations Freelancers Can Join to Get Discounted Health Insurance
- What Every Freelance Writer Should Know About 401k
Should all freelance writers use contracts? Only if they want to get paid...
Having your clients sign a contract or agreement letter before you begin work cuts down on misunderstandings and confusion. You can be more certain your client understands your billing rates and payment policies and other pertinent information up front. After having signed a contract, a client will be less likely to come back to you and say, "We didn't agree on this." If someone does argue with you, you can simply point to the contract. Should a legal dispute arise, your contract will give you leverage. So, what should you include in your contract? Read these Tips for Developing Freelance Writing Contracts.