Are you self-employed? Looking for health insurance? You can use the Individual Health Insurance Marketplace to enroll in flexible, high-quality health insurance that works best for individuals who run their own business.

To enroll through the Marketplace you must to be a freelancer, consultant, independent contractor, or other self-employed worker who does not have any employees.

You’re considered self-employed if you have a business that takes in income but does not have employees. If your business has even one employee, other than yourself then you are considered a small business and may be able to use the SHOP Marketplace for small business to get coverage for yourself and your employees.

Coverage options

Note: All coverage options qualifications are based on your income and household size.

  • Marketplace: You may qualify for premium tax credits and other savings on a health insurance plan.
  • Medicaid: This program provides coverage to millions of Americans with limited incomes or disabilities. You may qualify for free or low-cost coverage.
  • Children’s Health Insurance Program: CHIP provides coverage to children and in some states pregnant women. This is for families with too high of an income for Medicaid but too low to afford for a private insurance.

There are four insurance plans you can choose from for coverage, they are presented in “metal” categories: Bronze, Silver, Gold, and Platinum. Starting with plans with low premiums that mainly protect you in worst-case scenarios, to plans where you will pay more each month but less out-of-pocket when you get health care services.

Income and Marketplace savings

For your application, you will have to estimate your net self-employment income. Marketplace savings are based strictly on your estimated net income for the year you are trying to get coverage for, not your income from the previous year.

Contact Cosmo Insurance to get coverage today!


Cosmo Insurance Agency is an independent insurance agency serving surrounding communities in New Jersey. Cosmo keeps its promise to assure an efficient and creative approach to the services we offer. Each of our clients experience a personalized and long-term relationship with us. Our New Jersey based team of health brokers guides our clients in helping them choose the most cost-effective options. By incorporating the latest in technology-based tools and laws on healthcare, employee benefits, life insurance and finance, we keep our clients up-to-date with the plans that encompass all of their needs, whether it is individual or group insurance. 







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