If you have a health plan through the Marketplace, you can renew your coverage for next year starting November 1. If you don’t renew your health insurance, you’ll have to pay a fee on your taxes. You can renew your health insurance for next year starting November 1. How often do I need to renew … Read more
If you’re confused about how indemnity health insurance works, you’re not alone. This type of coverage is less common than managed care plans like Health Maintenance Organizations (HMOs) or Preferred Provider Organizations (PPOs). Here’s a quick overview of how indemnity health insurance plans work. With an indemnity plan, you can see any doctor you want. … Read more
There is no definitive answer to this question as it varies from insurer to insurer. Some insurers will cover dependents up to the age of 26, while others may only cover them up to the age of 21. It is important to check with your specific insurer to find out what their policy is regarding … Read more
The Affordable Care Act created a new tax credit to help people pay for health insurance. The health insurance tax credit is available to people who purchase health insurance through the Health Insurance Marketplace. The tax credit is based on your income and the number of people in your household. You can get the tax … Read more
In order to have health insurance, a person must first pay a monthly premium. Then, when they have medical expenses, they are responsible for a deductible before the insurance company will pay anything. The deductible is the amount of money that the policyholder must pay out-of-pocket before the insurance company will begin to make payments. … Read more
It’s no secret that health insurance costs have been on the rise in recent years. And with the uncertainty surrounding the future of the Affordable Care Act (ACA), many people are wondering how they’ll be able to afford health insurance in 2022. There are a few things you can do to start preparing for the … Read more
If you’re unemployed, you may be able to get health insurance through the Affordable Care Act’s health insurance marketplace. You may also be eligible for Medicaid. To find out if you qualify for Medicaid, contact your state’s Medicaid office. If you’re not eligible for Medicaid and don’t have access to an employer-sponsored health plan, you … Read more
If you’re like most people, you probably get your health insurance through your job. But what if you’re self-employed, or your job doesn’t offer health insurance? You may be able to get health insurance through the Health Insurance Marketplace. The Health Insurance Marketplace is a place where you can shop for health insurance, compare prices … Read more
Most people are familiar with the concept of a tax deduction: an amount of money that can be subtracted from your total income, lowering your overall tax bill. A tax credit is similar, but instead of reducing the amount of taxes you owe, it reduces the amount of taxes you pay. In other words, a … Read more
When it comes to choosing the best individual health insurance plan for your needs, there are a few things you’ll want to keep in mind. First, take into account what types of coverage you and your family need. Then, research different plans and compare their costs. Be sure to read the fine print so you … Read more