How do I choose my employment category? What do the “employed and/or self-employed” hours mean?

Those applicants that apply as individual providers will indicate if they are employed, self-employed, or both. These categories determine the annual premium for the policy.

Employed providers receive a W-2 from their employer and withholds taxes for you. If the only work you provide is as an employed provider, you will simply indicate “W-2 employed” on your application to receive the correct annual premium.

1099/Independent Contractors are considered self-employed and taxes are not withheld. Individual providers that work as a 1099 contractor will indicate how many hours a week they work in such capacity. In addition to the 1099 work, individual providers will also be covered for any number of W-2 employed hours at no additional cost.