Updated July 2026 · UtahPlanFinder.com — Licensed Health Insurance Producer (NPN #21249133)

Health Insurance for Self-Employed Accounting and Tax Professionals in Murray, Utah

Self-employed individuals in Murray can access subsidized health plans through HealthCare.gov, with eligibility typically up to 400% FPL.
Utah's marketplace offers HMO and EPO plans; PPO plans are not available on-exchange in the state.
Individuals with incomes up to 138% FPL may qualify for expanded Utah Medicaid, providing comprehensive coverage.
As a self-employed professional, you can generally deduct health insurance premiums from your gross income, reducing your taxable income.
In 2026, 5 carriers offer marketplace plans in Rating Area 3, which covers Salt Lake, Davis, Summit, Tooele, and Wasatch counties.

For self-employed accounting and tax professionals in Murray, Utah, securing reliable health insurance is a critical aspect of financial planning and personal well-being. Unlike traditional employees, you're responsible for finding and funding your own coverage, which can seem daunting. The good news is that the Affordable Care Act (ACA) marketplace, HealthCare.gov, provides robust options, including financial assistance to make plans more affordable. Whether you're a sole proprietor, an independent contractor, or run a small firm, understanding your options for comprehensive medical, prescription, and preventive care is essential.

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What Health Insurance Options Are Available for Self-Employed in Murray?

As a self-employed accounting or tax professional in Murray, you primarily have two main avenues for health coverage: the ACA marketplace (HealthCare.gov) or Utah Medicaid. Your eligibility for subsidies or Medicaid depends on your household income relative to the Federal Poverty Level (FPL).

ACA Marketplace Plans on HealthCare.gov

The federal marketplace, HealthCare.gov, is the primary source for individual and family health plans in Utah. Here, you can find a range of plans categorized by metal tiers: Bronze, Silver, Gold, and Platinum.

Bronze plans: Offer the lowest monthly premiums but have the highest deductibles and out-of-pocket costs, best for those who use healthcare infrequently.
Silver plans: Provide a moderate balance of premiums and out-of-pocket costs. If you qualify for Cost-Sharing Reductions (CSRs), Silver plans offer enhanced benefits and lower deductibles, making them an excellent value.
Gold and Platinum plans: Feature higher monthly premiums but significantly lower deductibles and out-of-pocket costs, ideal for those who anticipate frequent medical care.

In Utah's marketplace, the available plan types are HMO (Health Maintenance Organization) and EPO (Exclusive Provider Organization). PPO (Preferred Provider Organization) plans are not available on-exchange in Utah, meaning your marketplace choice will be between these two network structures. HMOs typically require you to choose a primary care provider (PCP) and get referrals for specialists, while EPOs generally don't require referrals but limit coverage to providers within their network (except for emergencies).

Utah Medicaid Eligibility

Utah expanded Medicaid in 2020. This means that self-employed individuals in Murray with household incomes up to 138% of the Federal Poverty Level (FPL) may qualify for Utah Medicaid. This program offers comprehensive health benefits with no monthly premiums, deductibles, or co-pays for most services, providing a vital safety net for those with limited income. Eligibility for pregnant women extends up to 144% FPL, and children can qualify for Utah CHIP up to 200% FPL.

Understanding Subsidies and Tax Deductions for Self-Employed

One of the most significant advantages for self-employed individuals on the ACA marketplace is the availability of financial assistance, coupled with potential tax deductions for premiums.

Premium Tax Credits (Subsidies)

If your household income is between 100% and 400% of the FPL, you may qualify for Premium Tax Credits (PTCs). These subsidies directly reduce your monthly health insurance premiums, making coverage much more affordable. The amount of your subsidy is based on your income, household size, and the cost of the benchmark Silver plan in your area. For example, a self-employed individual in Murray with a median income of $90,746 (per U.S. Census Bureau ACS 2024 5-year estimates) would likely be above the subsidy threshold, but many self-employed individuals earn less and can benefit greatly.

Self-Employed Health Insurance Deduction

As a self-employed individual, you can generally deduct the health insurance premiums you pay for yourself, your spouse, and your dependents. This is an "above-the-line" deduction, meaning it reduces your Adjusted Gross Income (AGI) and can lower your overall tax liability. To qualify, you must not be eligible to participate in an employer-sponsored health plan (even if it's through a spouse's job). This deduction is a significant benefit for self-employed professionals, including those in the accounting and tax fields, as it effectively makes your health insurance costs tax-deductible.

Health Insurance Carriers in Murray

In 2026, 5 carriers offer marketplace plans in Rating Area 3, which covers Davis, Salt Lake, Summit, Tooele, and Wasatch counties. These carriers provide a variety of HMO and EPO plans to self-employed individuals in Murray. The confirmed local carriers for Murray are:

BridgeSpan Health Company
Imperial Health Plan of Utah
Regence BlueCross BlueShield of Utah
Select Health
University of Utah Health Plans

When comparing plans, consider not only the premiums but also the network of doctors and hospitals, deductibles, co-pays, and out-of-pocket maximums. For example, Intermountain Medical Center, located right in Murray, is one of the ten acute care hospitals in Salt Lake County, alongside facilities like University of Utah Hospital and Clinics in Salt Lake City. Ensuring your preferred providers and hospitals are in-network is crucial. Murray, Utah, part of Salt Lake County, has a population of 50,188, with a median income of $90,746 and an uninsured rate of 7.1%, per U.S. Census Bureau ACS 2024 5-year estimates. This city's residents, including its many self-employed professionals, rely on accessible healthcare options provided by these carriers within Rating Area 3.

Choosing the Right Plan for Your Self-Employed Practice

Selecting the best health insurance plan involves balancing costs, coverage, and access to care. Here's a decision-making framework for self-employed accounting and tax professionals:

Your Situation	Recommended Action	Key Considerations
Income < 138% FPL	Apply for Utah Medicaid	Comprehensive coverage, no premiums or deductibles. Check eligibility at medicaid.utah.gov.
Income 100% - 400% FPL	Explore subsidized plans on HealthCare.gov	Focus on Silver plans for potential Cost-Sharing Reductions. Compare HMO and EPO networks.
Income > 400% FPL	Shop unsubsidized plans on HealthCare.gov	Consider Bronze plans for lower premiums if healthy, or Gold/Platinum for extensive care. Factor in the self-employed premium deduction.
High anticipated medical needs	Consider Gold or Platinum plans	Higher premiums but lower out-of-pocket costs and deductibles. Essential for managing chronic conditions or planned procedures.
Focus on affordability, healthy	Consider Bronze plans or high-deductible Silver	Lowest monthly premiums, but be prepared for higher out-of-pocket costs before deductible is met.

Consider your typical healthcare usage, any ongoing medical conditions, and your financial risk tolerance. An agent specializing in individual and family plans can provide personalized guidance, helping you navigate the options from BridgeSpan Health Company, Select Health, and other carriers to find a plan that fits your specific needs and budget.

Frequently Asked Questions

Can self-employed individuals get subsidies for health insurance in Murray, Utah?

Yes, self-employed accounting and tax professionals in Murray, Utah, can qualify for subsidies (Premium Tax Credits) on HealthCare.gov if their household income falls between 100% and 400% of the Federal Poverty Level (FPL). These subsidies can significantly reduce monthly premiums for plans offered by carriers like Select Health and Regence BlueCross BlueShield of Utah.

What types of health insurance plans are available for self-employed people in Utah?

In Utah, self-employed individuals can access HMO and EPO plans through HealthCare.gov. PPO plans are not available on-exchange in Utah. These plans cover essential health benefits, and include options across Bronze, Silver, Gold, and Platinum metal tiers, allowing you to choose a balance of monthly premium and out-of-pocket costs.

Is Utah Medicaid available for self-employed individuals with low income?

Yes, Utah expanded Medicaid in 2020. Self-employed individuals in Murray with household incomes up to 138% of the Federal Poverty Level (FPL) may qualify for Utah Medicaid, providing comprehensive health coverage with no monthly premiums or deductibles. You can apply through Utah's Medicaid portal at medicaid.utah.gov.

Can I deduct my health insurance premiums if I am self-employed in Murray?

Generally, if you are self-employed and not eligible to participate in an employer-sponsored health plan, you can deduct the full amount of health insurance premiums you pay for yourself, your spouse, and your dependents. This deduction is an 'above-the-line' deduction, meaning it reduces your adjusted gross income (AGI), which can lower your overall tax liability. Consult with a tax professional for specific advice.