Getting Short-term Health Insurance Policies
October 25, 2012
No one should ever be without health insurance coverage, not even if it’s just for a few months. A single large medical situation can leave you saddled with tens of thousands of dollars in medical bills. And what if you lose your job? There is a way to deal with this, short of super expensive […]
Best Gym Membership Deals
January 8, 2012
Gym membership deals seem to be everywhere this time of the year. We’re one month into a new year – you promised yourself it was time to get healthy as part of your New Year’s resolutions, but have you? It isn’t too late to start now. Gyms usually see a large influx of customers in […]
High Deductible Health Plans Here to Stay?
November 13, 2011
Open enrollment is here again and we had to make a decision about using a high deductible health plan (HDHP) before last Friday’s deadline. Last year was the first time that we used a HDHP with a health savings account but this year we were considering switching back to a traditional insurance plan since we’re […]
Choosing Health Insurance & Hospital Rip-Offs
December 4, 2010
Health insurance is a popular subject towards the end of the year as many people go through open enrollment to signup for the following year and try and spend their funds before the flexible spending account deadline. I’ve been thinking about it a lot this last month as we finally made the move to a […]
Section 105 HRA Plans
October 13, 2010
This article on Medical Reimbursement and Health Rearrangement Plans comes from Timothy Wolfe, a Chicago based tax and business specialist who shares his expertise online at Chicago Business Advice. A while back I looked at flexible spending accounts vs health savings accounts and Timothy left a comment about Section 105 HRA plans. Since I wasn’t […]
Health Savings Account vs Flexible Spending Account
September 11, 2010
We recently covered the health savings account and have written about flexible spending accounts and in the past and thought it was time to take a look at health savings accounts vs flexible spending accounts. Both can be useful tools for medical expense income tax deductions but one thing many people are unhappy with are flexible spending account […]
Health Savings Account Guide
September 10, 2010
A health savings account can be a good option for people searching for health plans who don’t want to spend a lot of money on premiums for medical insurance. Of course, we know there’s no such thing as cheap health insurance. If your premiums are low for individual health insurance that usually means you have […]
Flexible Spending Account Deadline
March 13, 2010
The flexible spending account deadline is one that you don’t want to miss if you still have funds from last year in your FSA. As you’re probably well aware, you lose any money left in your flexible spending account that’s not spent by the FSA deadline. Flexible Spending Account Grace Period A few years ago […]
Medical Expenses & Income Tax Deductions
March 10, 2010
Your medical expenses can be income tax deductions depending on how you file your taxes and how high your medical bills are. We all know that health care costs just keep going up, lets take a look at how you might be able to get tax deductions for these expenses. Tax Deduction Requirements In order […]
High Deductible Health Insurance Plans Not for Everyone
February 2, 2010
High deductible health insurance plans have lower premiums, much higher deductibles, and are often tied into a Health Savings Account where you can accumulate money pre-tax year after year; as long as you don’t spend it all on health care costs. Of course if you have very high medical costs and/or don’t put much money […]
