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Archives for December 2013

Persisting Myths About Health Care Reform

What are the most persistent myths about the Affordable Care Act? The answer to this question depends on who is asking and who is answering the question. So many myths have persisted for so long that it’s a challenge to separate what might seem to be a truly crazy myth (such as the act contains […]

Affordable Care Act: Catastrophic Plan vs Full Coverage

Are you eligible for a catastrophic plan? Is it right for you? Under the Affordable Care Act, there are basically five levels of available health insurance plans: Platinum, Gold, Silver, Bronze . . . and Catastrophic. Catastrophic is a minimal plan and has a number of limitations. It is therefore considered a separate plan from […]

What’s At Stake If You Miss the Deadline to Get Health Insurance?

The deadline to get health insurance is approaching. If you don’t have access to employer-provided health insurance and you don’t qualify for Medicaid or Medicare, you need to make sure you have health insurance that meets the requirements of the Affordable Care Act (ACA) by January 1, 2014. If you don’t get qualified health insurance […]

Older Americans and Seniors – What the ACA Means for You

What does the Affordable Care Act mean for older Americans? If you’re 65 or older and on Medicare, you can keep your plan. Medicare’s basic structure hasn’t changed, although the Affordable Care Act (ACA) makes some important benefit improvements. If you’re too young for Medicare and don’t have access to health insurance through an employer, […]

The Debt Diet: Practical Ways to Reduce Spending

Do you need to go on a debt diet? My last son weighed almost eleven pounds and I gained an astonishing fifty pounds while expecting him. When I asked the doctor how to lose that baby fat, his answer was pretty simple: diet and exercise. Maybe it was simple for him, but it didn’t sound […]

10 Year-End Tax Tips to Maximize Your 2013 Refund

Although the year is winding down, there’s still time to maximize your 2013 refund. Here are 10 tips for saving more on your taxes before December 31: 10. Drain your Flexible Spending Account (FSA). If you still have money left in your FSA, don’t let it go to waste. Check with your employer to verify […]

How the Affordable Care Act Affects Low Income People

Location, location, location; they’re often said to be the three most important factors determining the value of real estate. Location also matters greatly for low income Americans hoping to get health insurance through the Affordable Care Act (ACA). The ACA aims to cover 21.3 million low income uninsured Americans through expansion of the federal- and […]

You Have Insurance. So What Does the ACA Offer You?

Do you have health insurance through work? For you, the question might be: Do I need to use the healthcare marketplaces that are part of the Affordable Care Act, sometimes called Obamacare? The simple answer is: No, you probably don’t need to. It’s possible, however, that you might want to. A Job-Based Plan If you […]

How to Enroll in the Affordable Care Act 101

How do you enroll for a health insurance plan through the healthcare marketplaces? Now that the health insurance marketplace website is running better, let’s review the options for signing up for health insurance. Navigating HealthCare.gov First, you actually have the option of window-shopping at healthcare.gov. On the main page is a circle that reads: SEE […]