Obamacare for Self-Employed $STATE0 Residents
As a self-employed person, you're probably used to shopping for your own health insurance coverage. Under Obamacare, that job should be easier. All policiies must now offer certain kinds of coverage, and you can compare the costs of available policies online, at the new health insurance marketplaces (exchanges).
Depending on your income, you may qualify for subsidies that will cut the costs of your premiums. This can get complicated, however, when you're self-employed, because your income probably fluctuates from year to year. And as your income rises, your eligibility for subsidies declines.
You'll just have to estimate your income as carefully as you can when you apply for coverage. If you underestimate it, you may end up owing money to the IRS when you file your taxes. Overestimate, and you may get money back.
For more information, select your state, below.