Health Insurance

Adults often feel the pressure to act financially responsible. It’s easy to think that health insurance will cover the majority of medical-related costs and therefore may be overlooked in your budget. A copay here or deductible there, isn’t much to fuss over, right? Well, that might not be entirely accurate. Medical expenses should be one…

When signing up for a healthcare plan, it is important to ensure that you understand every aspect of the plan and what it means. One important part of understanding health insurance is understanding your deductible and how it will affect how much you spend on your healthcare. Here’s everything you need to know when it…

When you are faced with the possibility of unemployment, one of your top concerns could be maintaining affordable health insurance coverage for you and your family. If you’re unemployed, you may be able to get an affordable health insurance plan through the Marketplace with savings based on your income and household size. You may also…

Health insurance helps protect you from ever-present medical care costs. Whether you select health insurance through an employer, Medicare, or government exchange, October and November are when most Americans have the opportunity to switch plans. Though shopping for health insurance may seem overwhelming, breaking down the process can make it much easier to digest. To…

Medicare is the United States government’s health insurance program for people who are 65 or older. Some people under the age of 65 can qualify for Medicare, too. They include those with disabilities, permanent kidney failure, or amyotrophic lateral sclerosis.  Medicare helps with the cost of health care. It does not cover all medical expenses…

From October 15th to December 7th each year, you get the opportunity to plan for your healthcare needs for the upcoming year. Although it’s not quite as exciting as making New Year’s resolutions or enjoying a winter holiday, the annual Medicare open enrollment period is something to look forward to.  Changing plans may bring up…

Medicare and Medicaid are two programs enacted by the federal government. However, Medicaid is truly administered at the state level. Both of these insurance plans were created in 1965 by the Johnson administration. These programs are designed to provide healthcare coverage to people who meet certain eligibility guidelines. Each program has its own benefits, and…

When choosing a plan, it’s a good idea to think about your total health care costs, not just the bill (the “premium”) you pay to your insurance company every month. Other amounts, sometimes called “out-of-pocket” costs, have a big impact on your total spending on health care- sometimes more than the premium itself.  Across the…

Medicare is a federal health insurance program that covers people who are 65 and older, in addition to certain younger people with disabilities or with end-stage renal disease. If you’re 65 or older, you may qualify for full Medicare benefits if: you’re a U.S. citizen or a permanent legal resident who has lived in the…