I have everything pretty much ready to launch full time. Time, skills, customers, support from family. But I’d leave my current job behind and with it my family’s health insurance for the foreseeable future. I can’t afford any of the options I’ve seen. It’s the one thing holding me back. Any ideas for affordable health insurance for startups? If you’ve been in the same situation, what did you end up doing?
I’m not exactly an expert so please research all of this further, but my understanding is that you have a few options. In no particular order:
The whole thing is a confusing mess and no options are perfect.
Have you talked with other small business owners? Do you have connections to the business community that could explain what they do? If you don’t have anyone to network with about this, FIND some people. Even just by walking into their business and telling your story. Many communities have business incubators or other networking for startups. At least one mentor could make a HUGE difference for you.
Is starting the business and ramping it up for some time THEN quitting possible? This could make sense for a lot of reasons, not just health insurance.
If nothing else, you could work long enough to save up 6 months or a year of COBRA and then quit to do your business full time.
Best wishes!