by Wiley Long | Sep 24, 2020 | Alternative Therapy, 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 | 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 | 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 | 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...
by Wiley Long | Jul 29, 2020 | Alternative Therapy, Health Savings Account
Take a close look at what your health insurance covers and you’re likely to notice few of what some may call alternative therapies are listed. Most plans have zero or very limited coverage for treatments such as acupuncture, chiropractic, nutritional counseling, or...
by Wiley Long | Jul 21, 2020 | Health Insurance, Healthshare
Healthcare sharing ministries are nonprofit organizations that facilitate the sharing of qualifying medical expenses among members. As long as a healthcare sharing ministry has been established and operating since December 31, 1999, and are a classified as a nonprofit...
by Wiley Long | Jul 21, 2020 | Health Savings Account, long-term medical care, Qualified Expense
As I gather together all of my records for 2020 preparing for tax time, one document that continues to peek my interest is my list of health savings account (HSA)-qualified expenses. Why is this document so valuable? Because it shows a precise record of where my HSA...
by Wiley Long | Jul 21, 2020 | Health Savings Account, Healthshare
Since Health Savings Account (HSA) funds are easily accessed with checks, debit cards, or even credit cards, one of the most common mistakes HSA owners make is to spend their HSA money for something other than qualified health care. Health Savings Accounts work best...
by Wiley Long | Jul 21, 2020 | Concierge Medicine, Health Savings Account
Concierge medicine is becoming more popular nowadays with more people than ever choosing this type of provider over more traditional physicians. If you have a health savings account (HSA) plan, having Concierge medicine knowledge can help you cut down your healthcare...
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