Everything You Need to Know about Obamacare Cost Assistance 2019 Below is a break down of everything you need to know about cost assistance on 2019 health plans under the Affordable Care Act (ObamaCare). In other words, here is everything you need to know about Premium Tax Credits, Cost Sharing Reduction Subsidies, Medicaid and CHIP, HSAs, and… Read More
Dates and Deadlines For the 2018 – 2019 Open Enrollment Season Under the Affordable Care Act (ObamaCare) Open Enrollment in health plans for 2019 starts November 1, 2018 and ends December 15, 2018. Plans sold during Open Enrollment start January 1, 2019. Get covered at Healthcare.Gov. Open enrollment is the only time of year you can enroll in… Read More
A universal healthcare initiative to the people was filed in Washington State on January 23, 2018. If supporters are able to gather valid voter signatures by July 6th, 2018 (about 260,000) I-1600 will appear on the 2018 general election ballot in November. I-1600 Brief Summary of Parts I, II, III Part I creates a new… Read More
Buying private health insurance is expensive with or without assistance, but an HSA and the ACA’s tax credits and out-of-pocket cost assistance can really help.
Why do I Need to Know about Provider Networks and Drugs Formularies? We explore drug formularies and preferred providers. What are they and why do you need to know about them when choosing a health insurance plan. Every insurance plan has a formulary or list of which drugs it will pay for and what it will… Read More
Can I get an Affordability Exemption on 2018 Medical Plans? The Affordability Exemption uses the cost of insurance rather than the cost of healthcare. Companies profit hugely from our healthcare system. People don’t. Healthcare itself is becoming increasingly unaffordable. Affordability is based on a percentage of household income, either 8.05% 0r 9.56%, and affects both employer… Read More
Have you enrolled in Medicare for next year? You only have a few more days to do it. By Saturday morning, it will be too late. Medicare Open Enrollment Ends Friday, December 7th, 2017.
The cost of living and healthcare have been rising. Employer benefits and marketplace cost assistance help, but middle class workers are still struggling to afford healthcare.
What is the Difference Between a HMO, PPO, EPO, and POS? Which One Should I get HMO, PPO, EPO, and POS are all different types of health insurance provider networks offered by health plans. Of those HMO and PPO are the two most common. Below we help you understand HMOs, PPOs, EPOs, and POSs, each of… Read More
Both health insurance premiums and out-of-pocket cost-sharing amounts have been increasing rapidly for everyone. The middle-class has suffered unequally.
Republican senators are going to include a repeal of Obamacare’s individual mandate in the revised version of their tax plan.
The Issue We all need healthcare and health insurance, and the cost of medical care has exploded. We need to find a good way to manage the cost of insurance and care. The difficulty is compounded because wages and income have been stagnant for most of us. Even if you have a full-time job, you… Read More
Cuentas de Ahorro para la Salud y ObamaCare en el 2018 Cubrimos todo lo que necesite saber acerca de las Cuentas de Ahorro para la Salud (HSAs por sus siglas en inglés) para el 2018, incluyendo cómo funcionan con los planes ObamaCare. TIP: La Ley de Cuidados de la Salud Asequibles también es llamada ObamaCare,… Read More
Información Actualizada de Asistencia en Costos para el 2018 Para el 2018, los compradores pueden adquirir tres tipos de seguro médico bajo ACA: Créditos fiscales sobre primas, Subsidios de Reducción de Costos Compartidos, y Medicaid / CHIP. A continuación, se encuentra la información actualizada de asistencia en costos para los planes del 2018, incluyendo todos… Read More
What is Plan F, Plan G, and Medigap? Once you have Medicare Part A and B, you can buy either Part D along with a Medigap Plan F or Plan G or a Medicare Advantage Plan. We discuss your options. A Medigap Plan F Covers the Part A hospital and Part B outpatient deductibles Covers… Read More
Medicare Doesn’t Cover Everything; Supplemental Medicare Can Help Original Medicare doesn’t cover everything, and this can result in high costs and coverage gaps. Supplemental Medicare coverage like Part D, Medigap, or Medicare Advantage (Part C) can help. Understanding What Medicare Does and Doesn’t Cover and What You Can Do About It Medicare enrollees lack crucial… Read More
What is Medicare Cost-Sharing? When you use Medicare, you share the cost of your care by paying premiums, deductibles, copayments, co-insurance, and out-of-pocket maximums. If you receive a paycheck, part of your check will be set aside for Medicare. You pay for the program when you work and pay again when you use it. When you… Read More
The CBO says the Bipartisan Health Care Stabilization Act of 2017 would cut the deficit by $3.8 billion over ten years and would not substantially change uninsured rates.
What is ObamaCare? Understanding The Affordable Care Act (ACA) “ObamaCare” is a nickname for the healthcare law known as the Patient Protection and Affordable Care Act of 2010 (PPACA). The law is often called the Affordable Care Act (ACA) for short. Many people are aware of the basics of the Affordable Care Act (ACA). They are aware… Read More
Trump’s move to cut Cost-Sharing Reduction assistance will likely result in lower premiums for those who qualify for Premium Tax Credits on Bronze, Gold, and Platinum plans.
What is the Difference Between Original Medicare and Medicare Advantage Plans? We compare Original Medicare and Medicare Advantage to help you better understand the difference between Original Medicare and Medicare Advantage plans. Both Original Medicare and Medicare Advantage are Federally regulated and ACA-compliant, but the fact that aspects of Medicare are privatized means there are significant… Read More
Why do I Need to Know Which Drugs are Preferred in my Insurance Formulary or Which Physicians are In Network? We ask what drug formularies and preferred providers are and why you need to consider them when choosing a Medicare plan or any health insurance policy. Every insurance plan has a list of which drugs… Read More
Short Term Coverage Vs. Major Medical Coverage Short term and major medical insurance plans both provide coverage in case of a medical catastrophe, but they have significant differences. Short-term plans are typically used to fill in the gaps between major medical coverage. They act as a temporary coverage and often offer lower premiums for less… Read More
Trump likely just made health insurance cheaper for some with his executive order on association plans and short term insurance. We look at the pros and cons.
We cover 5 steps to take to get the best medical insurance you can afford so you can get the best deal on health insurance available to you.