About Health Insurance

Original Medicare and Medicare Advantage both cover FDA-approved coronavirus tests and vaccines at no out-of-pocket costs.

As a rule of thumb, you cannot cover a divorced spouse under your health plan. However, there are some situations that provide a sort of exception to this rule.

There is no insurance that all doctors take. With that in mind, Obamacare isn’t insurance, it is just law that expands insurance. With ObamaCare, you choose a plan on the Marketplace and then get assistance or qualify for Medicaid based on income.

You can only enroll in health insurance under the Affordable Care Act (ObamaCare) during Open Enrollment (Nov 1 – Dec 15 each year) unless you qualify for Special Enrollment.

In general, if you have been enrolled in health insurance for at least one day and then lose coverage for due to losing full-time status or due to termination, you qualify for COBRA. This is true even if you elect to go from full-time to part-time or are fired.

Open enrollment is a general term for health insurance that describes the period in which you can sign up for a plan without qualifying for a special enrollment period.

Medicare for all describes a general concept of a single payer healthcare system. Right now the US has a multi-payer healthcare system, that means people pay different insurance companies but have a choice in healthcare providers. With single payer, there is one insurer, but you keep the choice in providers. Also, as the “for-all” part implies, every citizen would have access to Medicare-for-all.

You can use your HSA to pay for Medical debt any time after the HSA was opened. You cannot use your HSA to pay for debt incurred before the HSA was open.

If you cancel a plan by mistake, the best thing to do is to quickly appeal. In many cases appealing a health insurance decision or marketplace decision will lead to a resolution in favor of the customer.

Typically a person would only need one policy that counts as minimum essential coverage under ObamaCare, but can have more than one if they choose.

The cheapest plan is typically $200 – $400, cost assistance caps the cost between 2% – 9.5% of MAGI. It’s rare that someone would pay over $600 for individual coverage, let alone $800.

A coverage family can include any tax dependent so a grandchild can be covered, but only if the natural parent isn’t living in the same household.

Only people who file taxes together can be covered under a family plan together, even if two people share a child or live together.

A student health plan counts as Minimum Essential Coverage for ObamaCare for ObamaCare if it’s fully insured or self insured, paying for university medical or counseling services doesn’t necessarily count as a student plan.

The key to working and getting affordable health insurance, with serious medical conditions is cost assistance and taking all available tax deductions.