INCOME TAX22 Sept 2026
No employer health cover? What freelancers, gig workers and entrepreneurs should consider before buying a policy | Mint
If you are a freelancer, gig worker, entrepreneur or self-employed professional, you don't get employer health cover. So hospital bills and lost income after a serious illness both hit your savings. A personal policy keeps protection going as work changes. Look at sum insured, premium affordability, your share of costs, and cashless hospital networks. Review it after marriage, children or taking on parents' care.
Key Statutory Highlights
- Health cover offered by an employer or platform is better seen as extra protection, not your only safeguard against medical costs.
- A personal policy can give continuity as you move between jobs, assignments or clients, subject to policy terms and timely renewal.
- There is no single cover amount that suits everyone, so age, health needs, dependants, expected treatment costs and long-term premium affordability should guide the choice.
Actionable Advice for Taxpayers / Founders:Work out the likely treatment costs for yourself and your family, choose a cover you can keep renewing even in a lean earning month, and check cashless hospital networks before buying.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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