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Health Insurance Open Enrollment Extended for 2021

Health Insurance Open Enrollment Extended for 2021

by Wiley Long | Feb 22, 2021 | Health Insurance, Open Enrollment Period

The COVID-19 Special Enrollment Period (SEP) Is a Valuable New Opportunity to Get Insurance or Switch Plans – Health Insurance Open Enrollment Extended for 2021 Every year, the Health Insurance Open Enrollment period gives people an opportunity to shop for...
Why the American Middle Class is Ditching Health Insurance for Good

Why the American Middle Class is Ditching Health Insurance for Good

by Misty Berryman | Dec 1, 2020 | Health Insurance, Health Savings Account, Health Sharing Programs, Heathsharing, Uncategorized

Ever since the Affordable Care Act went into effect, health insurance premiums have been going up and up for the middle class. For many Americans, paying for health insurance is almost as difficult as paying the rent or mortgage.  This is especially true for people...
There is a November 30th Deadline for Having an HSA-qualified Health Insurance Plan

There is a November 30th Deadline for Having an HSA-qualified Health Insurance Plan

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,...
Does Your Health Insurance Plan Work with Health Savings Accounts?

Does Your Health Insurance Plan Work with Health Savings Accounts?

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...
Are Health Sharing Payments Tax Deductible?

Are Health Sharing Payments Tax Deductible?

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. So are health sharing payments tax deductible? As long as a healthcare sharing ministry has been established and operating since...
Estimating Income for Obamacare Subsidies—And What Happens If You Get It Wrong

Estimating Income for Obamacare Subsidies—And What Happens If You Get It Wrong

by Wiley Long | Jul 21, 2020 | Health Insurance, 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...
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