For many Americans, the struggle to save enough money to cover unexpected expenses – like high medical bills – is real. In fact, unpaid medical bills is one of the leading causes of personal bankruptcy in the United States. That’s why having the right health insurance in place is a smart move.
With the Affordable Care Act (ACA) came the requirement that nearly every American must have health insurance. This requirement is sometimes called the individual mandate. Yet, despite the strict requirement, many people who are healthy wonder if obtaining insurance is really worth it financially. The same question is often raised – should I pay for insurance if […]
Shopping for health insurance may not be at the top of anyone’s list of fun things to do. However, with just a little preparation, it can take just a few minutes to shop and enroll in a plan that best fits your needs. To help save you time (and a little money) while shopping, here are a few […]
For 2013, new rules enacted under the Patient Protection and Affordable Care Act of 2010 may affect how much you can deduct for medical expenses – or if you can take a medical expense deduction at all. Higher “floor” before you can start taking medical expense deductions Prior to 2013, you could only deduct medical […]