What’s the Difference Between a Deductible vs. Copay?
A deductible and copay are terms used to describe the costs associated with maintaining your health insurance. A deductible is the amount of money you are required to pay out-of-pocket before your insurance takes over and covers the costs. A copay is a fixed amount you must pay for medical care at the point of service.
How To Get Health Insurance Through Your Spouse
Acquiring your spouse’s health plan will take a bit of communication and comparing costs, medical needs, and expectations.
Is It Mandatory To Have Health Insurance in 2022?
There is no federal penalty for not having health insurance in 2022, but four states and D.C. will impose a tax penalty on those who do not. Since 2019, the Affordable Care Act (ACA) has not had an individual mandate penalty for those who are uninsured, and this will remain the case in 2022.
Will Health Insurance Premiums Rise for Unvaccinated Individuals?
Experts are considering if insurance companies have the right to raise health insurance premiums for unvaccinated individuals. This is similar to how the Affordable Care Act (ACA) allows health insurance companies to charge smokers higher premiums than non-smokers. The hope is to incentivize people to get vaccinated against COVID-19, but it is unclear if this legislation will be passed.
Medicare Part C vs. Part D: Costs & Eligibility
Medicare Part C (or Medicare Advantage), offers Parts A and B but does not guarantee Part D, the expanded prescription drug benefit.
How Much Does ObamaCare Cost in 2021?
The average cost of an Obamacare plan ranges from $328 to $482 but varies depending on the company, type of plan, and where you live. These plans often come with substantial deductibles, copayments, and coinsurance.
How to Get Health Insurance During the Special Enrollment Period
If you did not purchase health insurance or are not previously covered, you might apply during the Special Enrollment Period if you have a qualifying life event.
Costco Health Insurance: What it is & What it Costs
Costco is a consumer hub with various offerings; food samples, toiletries, realtor insurance policies, and health insurance. Costco has a health insurance plan and marketplace where clients can view and compare prices for different health insurance lines. To do this, Costco recently merged with Custom Benefits Consultants, Inc (CBC). The average monthly cost for Costo Health Insurance ranges between $335 and $712, depending on what state you live in.
What is Short Term Health Insurance & Where to Get It?
If you consider making a life change where you will temporarily lack long-term health insurance, you may want to consider short-term health insurance. Short-term health insurance can be used when you don’t have employer-sponsored health insurance or other long-term health insurance options.
6 Free or Low-Cost Health Insurance Options in Texas
Health insurance helps to protect you from high and unexpected medical costs. This can tend to be very expensive, so it's important to know all of the available options that are at your disposal. In Texas alone, there are 6 affordable healthcare options that could save both you and your family money.
Best Short-Term Health Insurance Options in Texas 2021
In Texas, short-term health insurance is a unique topic that is different from in many other states. Texas legislators did not impose stricter regulations on short-term coverage and, therefore, these plans follow federal regulations plan duration and renewals.
Best Family Health Insurance Plans - 2021
Family health insurance plans are the same concept as an individual health insurance plan; however, the critical difference is that family health insurance plans will cover multiple individuals. Many dependents, such as spouses, naturally born children and legally adopted or foster children, can be covered under one health insurance plan. The best family health insurance plans include Preferred Provider Organization (PPO), Health Maintenance Organization (HMO), Exclusive Provider Organization (EPO), and Point-of-Service Plans (POS), and High-deductible Health Plans.