by Wiley Long | Oct 19, 2020 | Medical Weight Loss Programs
Getting healthy should NOT be an expensive undertaking. Yet, unfortunately, that’s exactly what it’s become. The average price of a gym membership is $55 a month – that’s $750 a year. The average price of a 2000-calorie diet per day is $3.52 – IF that 2000-calorie...
by Wiley Long | Oct 19, 2020 | Health Savings Account, Qualified Expense
Now that you’ve put away the task of filing taxes for 2013, you’d probably like a simpler way to keep records of your HSA disbursements for your personal files. But keeping track of your expenses and itemizing descriptions of eligible health care services can be...
by Wiley Long | Oct 19, 2020 | Health Savings Account
Maybe you’ve got abs of steel, or maybe you’re a weekend warrior. On the other hand, perhaps your idea of a workout is having to get off the couch to find the remote. Regardless, there’s a new bill working its way through the House of Representatives that will make it...
by Wiley Long | Oct 5, 2020 | Benefits of an HSA Plan, Health Insurance, Health Savings Account
Want to know a secret? Of course, you do! If you have a high deductible plan, you should consider getting a health savings account (HSA), and here’s why. It’s a great way to save money to pay for future medical bills on a pre-tax basis, and if you don’t use the money,...
by Wiley Long | Oct 2, 2020 | Benefits of an HSA Plan, HSA-Qualified Plans, Open Enrollment Period
The way things have been going, I can’t be the only one who is looking forward to a New Year. It might not feel like it, but 2021 is actually right around the corner. That means that now is the time to be making moves to reclaim, reinforce, or re-think our financial...
by Wiley Long | Sep 24, 2020 | Alternative Therapy, Benefits of an HSA Plan, Health Savings Account
The healthcare industry in the United States is dominated by the culture of conventional Western medicine. And health insurance caters to those who control the industry: medical doctors and hospitals. There is a long history of prejudice against chiropractic by...
by Wiley Long | Sep 3, 2020 | Benefits of an HSA Plan, Health Savings Account, Health Sharing Programs, Healthcare, Healthshare, Heathsharing, HSA-Qualified Plans
As we inch closer to what everyone hopes is a vibrant economic recovery, employers have a unique opportunity to fine-tune their benefits package. We’ll cut right to the point: offering your employees access to a Health Savings Account (HSA) is a good place to start....
by Wiley Long | Sep 2, 2020 | Obamacare Subsidies
When applying for tax credits to help you pay for your health insurance, you must estimate your income for the coming year. If you estimate under 400 percent of the federal poverty level, and the government approves your estimate, you will be granted immediate tax...
by Justin Brogdon | Aug 6, 2020 | Benefits of an HSA Plan, Health Insurance, Health Savings Account, Lifetime Income
Does Your Health Insurance Plan Work with Health Savings Accounts?Hint: It probably should A lot of people don’t realize it, but the line between health care and retirement strategy has disappeared. Considering the average health expenses incurred during retirement...
by Wiley Long | Jul 29, 2020 | Benefits of an HSA Plan, Health Savings Account
You’re probably getting your HSA tax forms right about now. So, do you remember what to do with them? Here’s a refresher just to be sure. 1099-SA – Distribution Report Your HSA custodian is required to send you and the IRS Form 1099-SA for the years you withdraw...
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