In today’s dynamic employment landscape, many individuals choose to work part-time or contract work for various reasons, such as pursuing higher education, or maintaining a work-life balance. A common concern for part-time employees and contract workers is whether they can access essential benefits like health insurance.
What’s the difference between Part-Time and Contract Work?
Before exploring insurance options, let’s define part-time and contract work.
Part-time typically means under 40 hours per week, but for insurance, it’s often under 30 at large employers. Contract workers, per IRS rules, receive a 1099 instead of a W2, working under agreed contract terms. While they may have more flexibility, they often lack the benefits given to W2 employees.
Health Insurance Options
If you are a part time or contract worker, your Health Insurance options may include:
- Company sponsored insurance
- COBRA Coverage
- The Marketplace (Obamacare, healthcare.gov)
- Medicaid if you meet requirements including income limits
You can have a free consultation with us to talk in-depth about your specific situation, or explore Marketplace plans.
Frequently Asked Questions (FAQ)
Can I keep my health insurance if I switch from full-time to part-time or contract work?
What if I can't get insurance through an employer or COBRA?
Disclaimer
Beyond Health employs licensed insurance producers authorized to sell life and health insurance in Utah, Idaho, Wyoming, Colorado, Montana, and South Carolina. Our activities comply with state licensing requirements and partner carrier guidelines.
Product availability and enrollment options may vary by state. For more information or questions, please contact us directly.
