HDHP/HSA Pairing May Help Control Medical Costs

 HDHP/HSA Pairing May Help Control Medical Costs

• High-deductible health plans offer potential savings by encouraging cost-effective choices in medical spending, as well as eligibility for a health savings account with tax advantages...  (continue to  article)
  

New Medicare Rules Tackle Prescription Drug Prices

 New Medicare Rules Tackle Prescription Drug Prices

• The Inflation Reduction Act of 2022 included provisions intended to lower prescription drug costs for Medicare enrollees and slow drug spending by the federal government... (continue to article)

Medical Debt and Your Credit Report

 Medical Debt and Your Credit Report

• This article looks at changes in the way medical debt is handled on credit reports and offers tips to avoid having unpaid medical bills impact credit... (continue to article)

Medicare and ObamaCare Open Enrollment Periods 2024

 

• The MEDICARE Open Enrollment period starts on October 15, 2023, and continues through December 7, 2023, for coverage beginning January 1, 2024. 
• The OBAMACARE Open Enrollment period for 2024 health plans starts November 1, 2023, and runs through January 15, 2024, in most states. However,  for coverage beginning January 1, 2024, you will need to enroll by December 15, 2023.
• States that use their own marketplaces and enrollment platforms can establish different end dates for the annual enrollment period, as long as they conclude on or after December 15, 2023.

• Other states may be subject to an extension in 2024 as well. States with state-run exchanges can issue last-minute extensions, and the federal government can issue an extension for all states using the federal marketplace as well.

Health Insurance Risk Management

 

Health, Medicare, Disability, Long-Term Care

• 
  Do I Need Disability Income Insurance?

  Knowing the basics of a disability income insurance policy is a good first step toward protecting your family.

• What Types of Health Coverage Are Available?

  There are three basic types of medical insurance plans: fee-for-service, managed care, and high-deductible health plan.




• What Is the Difference Between an HMO and a PPO?

  Selecting health insurance is often one of the most important decisions you will make. Do you know the different types?

• How Can I Determine the Financial Strength of My Insurance Company?

  Using a financially sound insurance company is an important part of ensuring your family’s financial security.

• Am I Prepared for Long-Term Care Expenses?

  The odds of needing long-term care increase as you age. Prior planning can help protect you from financial ruin.

• What Does Medicare Cover?

  Medicare is the federal health insurance program for those persons age 65 and over. But what does it cover?

• How Likely Am I to Need Long-Term Care?

  If you were to suffer an illness or disability that required long-term nursing care, would you be covered?