Freelancers slash health insurance costs with secret strategy

The Secret Strategy: Health Insurance Co-ops

One of the most effective ways freelancers are cutting down on health insurance costs is by joining health insurance cooperatives, or co-ops. These member-owned organizations pool resources to negotiate better rates with insurance providers. By joining a co-op, freelancers can access group rates typically reserved for large companies, which often translates to significant savings. According to the National Cooperative Business Association, members of health co-ops can save up to 20% on their premiums¹.