Monday, June 20, 2011

Authors and Health Insurance

Yet another author is in the news with a major health emergency, and friends are busy raising funds to defray expenses.
As sad as this is, it also makes me frustrated that this very successful midlist author who could afford health insurance didn’t have any.
If you don’t have health insurance, buy it, my friends, so you won’t leave your family in a similar mess.
Remember that if you list yourself as a self-employed author on your US tax return, the cost of the insurance can be deducted as a business expense.
For specific details, go here:  http://www.irs.gov/publications/p535/ch06.html
Some author organizations offer health insurance plans so check to see if yours does.
Don’t wait until a medical disaster destroys your life and your family’s future.