Category: Health Insurance

The ACA Open Enrollment Period only comes around once a year, usually lasting from November 1- December 15, although this year the deadline has been extended to January 15. During this period, you can enroll in a new health insurance plan, or make changes to your current  plan. If you’re happy with your current plan,…

The Open Enrollment Period for health insurance is a very important time, when you can change or enroll in a health insurance plan for coverage beginning the following year. It runs from November 1 to December 15, and is the only time during the year when you can purchase a plan, unless you qualify for…

Not happy with your health insurance plan? Looking to make a change during this year’s Open Enrollment Period? Well, now is the time to make the switch to a plan that better suits your needs - you only have from November 1st to December 15th to do so! But we get it, health insurance can…

In order to keep your health insurance plan active, you need to pay an insurance premium every month. Premium prices depend on variables such as your age, the area where you live, and the amount of coverage you choose. But what actually happens to the money you give to your insurance company every month? How…

Open Enrollment for health insurance has begun. This period gives employers and employees the opportunity to change their benefit options, and many companies use this time to review their employees’ health insurance plans to see if they can find ways to save money or improve coverage. The opportunity for business owners to save money during…

How much money have you put into your health savings account recently? If the answer is “not much,” then you should put contributing to it at the top of your to-do list. As long as you are enrolled in a high-deductible health plan, you can put aside money on a pre-tax basis into your health…

Medical bills can be a huge source of stress. They can seem like they are never ending, but there is actually a limit on how much you can spend on out-of-pocket healthcare costs. The out-of-pocket maximum, which is the annual limit that you are required to pay for covered health services, is your financial saving…

The Affordable Care Act (ACA) changed a lot of things about the way healthcare works in the U.S. One of the changes it made was to create an open enrollment period for everyone shopping for a health insurance policy on the Marketplace. In most cases, you can only enroll in a health insurance plan, or…

If you are unhappy with your current health insurance policy, then it might be time to shop for a different plan. But can you purchase a new plan at any time? Yes, and no. For marketplace plans, once the open enrollment period (November 10 to December 15) is over, you generally cannot get a new…

https://youtu.be/XgFQFasGdHI Some people are unaware  of all the tax deductions available to them, and might be missing out on great tax-savings opportunities. Remember, the more you can deduct, the better your income tax refund check will be. Medical bills can add up to a lot of money spent throughout the year, and are often overlooked…

https://youtu.be/8t1gXzOXWoQ Nothing beats being your own boss! If you are self-employed, then you are probably wondering about your health insurance options. Don’t worry, you do not have to break the bank to get a plan for yourself. There are many affordable options. [caption id="attachment_4600" align="alignright" width="347"] When you are self-employed, you have different options for…

Choosing a health insurance company and plan can be complicated, and very time consuming. Companies and the plans they offer vary state by state. When it is time to start researching companies and plans, there are two things you should focus on; coverage levels and your budget. So, is there really one health insurance company…

Don’t get bogged down with your insurance contract. Read up on some useful advice for understanding what is in your policy.

Both employer health and individual plans can be great on their own, but do you know the pros and cons of both? We go over them in detail so you can make the best decision for your coverage.

The time has come. You made it to 26 with health insurance coverage through your parents. But now your birthday is approaching  and are getting kicked off your parent's health insurance plan. You may be wondering if you can stay on your parents' health insurance longer. The answer to this is, unfortunately, no. You will…

In 2014, the Affordable Care Act established the premium tax credit so that individuals or families with low or moderate income can be able to pay for health insurance through the Health Insurance Marketplace. Premium tax credits help you pay for a portion of your monthly cost of insurance premiums. Individuals and families must meet…