I am planning to do independent consulting. Have never done it before. Can anyone please share insights about purchasing medical insurance? My spouse does not work. I am thoroughly confused after a brief research on the web. Should I be getting a private insurance or ACA insurance? Are they different? My family and I have a few chronic conditions and my children undergoes therapy. So, high utilization of the insurance. Any insights and specific portal Information would be appreciated. Thanks 🐠!

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Private insurance in your case. Idk the cost, but I imagine it will be quite high. Depending on the cost, you might want to explore if you will be better off financially joining a firm, which provides employer health plans.

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I’ve done the independent/boutique approach but was able to use my spouses plan.

I looked and ACA plans were an option but depending on your age and definitely with the pre-existing conditions here, this sounds like a significant expense.

I would generally say with taxes, you need 30% higher compensation but here with insurance I would say you need to be making 50% or more to justify the jump.

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