Health-related insurance for the self-employed
Ernest B. Akyeampong and Deborah Sussman
Unlike employees, the self-employed cannot benefit from employer-sponsored extended health, dental or disability insurance plans. Not surprisingly then, only 17% of the self-employed had all three types of coverage in 2000, compared with 50% of employees.
About half of the self-employed with health or dental coverage acquired it through the employer-sponsored plan of a spouse or close relative; another quarter through direct purchase, using their own financial resources.
Approximately 4 in 10 self-employed workers had no coverage in any plan in 2000.
Lack of money was cited by approximately 40% of the self-employed as the major reason for non-coverage in each type of insurance. Coverage in all plans was much higher for those with high earnings ($60,000 or more).
The authors are with the Labour and Household Surveys
Analysis Division. Ernest B. Akyeampong can be reached
at 951-4624 or firstname.lastname@example.org.
Deborah Sussman is currently on leave.