Health insurance is a major challenge for appraisers, but it's often overlooked. Many appraisers work as independent contractors, which means finding the right health plan is up to them. In this guide, we'll cover the health insurance options available to appraisers and introduce a more affordable solution: health share programs.

Why Health Insurance Is Important for Appraisers

Being uninsured is risky. Even a minor medical issue can lead to overwhelming bills and financial stress without health insurance. Appraisers often have unpredictable incomes, making it crucial to have a good health plan for peace of mind and financial stability.

Traditional Health Insurance Options

Affordable Care Act (ACA) Marketplace Plans

ACA plans are accessible and may include government subsidies to reduce costs. However, premiums without subsidies can be high, and available options might be limited based on your income.

Association Group Insurance Plans

Some industry associations offer group insurance plans, including health, dental, and vision coverage. These plans can provide exclusive benefits to members, though availability may vary depending on your state and eligibility.

Brokerage-Sponsored Health Insurance Plans

Some appraisal firms may offer health insurance for their appraisers. If your company provides this coverage, it can be convenient. However, not all companies offer this benefit, and options can be limited.

Private Market Insurance Plans

You can also purchase health insurance on the private market. This allows you to choose the exact type of plan you want, but private insurance often comes with a higher cost, and there are no government subsidies.

New and Alternative Health Insurance Solutions

Healthcare Crowdfunding (CrowdHealth)

CrowdHealth is an option where members share healthcare costs through a crowdfunding model. It can be cheaper than traditional insurance, but it's important to note that it is not actual health insurance and may not offer the same level of protection.

Preventative Care Memberships (Mira)

Mira offers a membership that covers routine healthcare needs like checkups and lab tests at a lower cost. It's a good choice for preventative care, but it won't cover major medical issues.

Health Share Programs

Health share programs are becoming more popular due to their affordability and community focus. Instead of traditional insurance premiums, members contribute to a pool that pays for each other’s medical needs. However, it is important to understand that health share programs are not legally required to cover claims and may have certain eligibility restrictions.

Introducing the New Health Share Program for Appraisers

What Is a Health Share Program?

A health share program is a community-based approach to healthcare. Members contribute money monthly, which is then used to cover major medical expenses for others in the group. It’s not traditional insurance, but it works similarly with potentially lower costs. It is crucial to understand that health share programs may not offer guaranteed coverage or comprehensive benefits, unlike traditional health insurance.

Why It’s the Best Option for Appraisers

Health share programs can be a good fit for appraisers because they generally have lower costs compared to traditional insurance. They also provide flexibility, which is perfect for independent contractors. Members of certain industry associations may also be eligible for discounts on the new health share program, making it even more affordable. However, these programs may have limitations in coverage and eligibility.

Key Benefits of Agent Health Share

• Affordable Monthly Contributions: Plans start at $175 per month for singles and go up to $1,100 for families.

• Broad Network: Access to a range of healthcare providers, although some may be out-of-network.

• Preventative and Mental Health Support: Includes discounted routine care and mental health resources.

• Community Support: Members help each other, creating a supportive environment.

• Cost Savings: Members can save 30-50% compared to traditional insurance premiums, but these savings may come with trade-offs in coverage.

How to Join the Waitlist

The new health share program for appraisers is launching soon. You can join the waitlist now to secure early access and take advantage of exclusive benefits, including possible discounts for association members.

Appraisers have several health insurance options, but traditional plans can be expensive and complicated. Health share programs offer a potentially more affordable, flexible solution. However, it's essential to understand the limitations of these programs. Join the waitlist today if you're interested, and take control of your health coverage in an affordable, supportive way.