individuals are typically not eligible for reimbursement for lost wages in the same way that employees are. This is because self-employed individuals are responsible for their own income and do not have a set employer who can provide compensation for time off.
However, there are some exceptions to this rule. In certain circumstances, self-employed individuals may be able to receive reimbursement for lost wages through insurance policies or government programs. For example, self-employed individuals who have purchased disability insurance may be able to receive payments if they are unable to work due to a covered illness or injury. Additionally, some government programs, such as the Pandemic Unemployment Assistance (PUA) program, may provide financial assistance to self-employed individuals who have lost income due to specific circumstances, such as the COVID-19 pandemic.
Overall, while self-employed individuals may not have the same access to reimbursement for lost wages as traditional employees, there are some options available to help mitigate financial losses in certain situations.