That depends on how and where you obtain your health insurance. Or if you purchase health insurance. This bill is shorter than Obamacare (so far, anyway) 166+ pages versus 2000+ pages, but there will be some significant impact on individuals and business owners. First, let’s see what the Act retains that will benefit individuals. One… Continue reading How Does the American Health Care Act Impact Me? Obamacare Lite?
More than three quarters of large employers are offering high deductible plans, and in increasing numbers it is the only plan. Although the premiums are often lower, the deductible can be as high as $6550 for an individual or $13,100 for a family. In order to keep out-of-pocket expenses manageable, consider the following: Preventative… Continue reading A High Deductible Plan Was My Only Choice: Now What?
If you’re covered by an Obamacare health insurance exchange plan, be careful: its coverage may be narrower than you think. And that can add up to a significant increase in your out-of-pocket expenses for health care. Let’s say, for example, that your doctor is concerned about your thyroid and thinks it makes sense for you… Continue reading How Narrow is Your Network?
As out-of-pocket costs increase and consumer driven health plans become more prevalent, individual health insurance costs are more than just premiums. Is there such a thing as supplemental insurance from an employer or an exchange plan that would cover additional non premium expenses that individuals incur while owning health insurance? It is widely recognized that… Continue reading Can You Reduce Your Health Coverage Out of Pocket Expenses?
