If you were recently laid off or are about to be and you intend to use COBRA to continue your health insurance coverage, here is a money-saving tip that can save you some real money.
Under COBRA, you have a period of 60 days from the date you leave your employment to elect to continue . . . → Read More: A COBRA Money Saving Tip
As we get into the full swing of tax season, we wanted to run down medical deductions that most people are not aware of. You may deduct only the amount by which your total medical care expenses for the year exceed 7.5% of your adjusted gross income, but keep reading! That may seem impossible for . . . → Read More: Tax Season Tip: Deducting Your Medical Expenses from Your Taxes
Today’s health insurance tip of the day is a simple one, but it’s something that we see many people miss it when they’re picking a health insurance plan. If you’re shopping around for health insurance, don’t forget to look at your overall healthcare budget and balance out how much you are paying in health insurance . . . → Read More: Tip of the Day: Are Your Co-Pays Worth the Health Insurance Premiums?
It’s old, it’s not sexy, but it’s true. Getting healthy is one of the best ways to save money on your healthcare. It’s simple… healthier habits mean fewer doctors visits and fewer prescription drugs which all lead to fewer medical bills and lower health insurance premiums.
And just to show that getting healthy doesn’t have . . . → Read More: 10 Simple Tips To Get Healthy and Save Money in the New Year
Quick health insurance tip of the day. If you’re trying to save money on your health insurance and you’ve already raised your health insurance deductible as much as you can, it’s time to start taking a look at your health insurance’s network of doctors and hospitals. The more doctors and hospitals are in a health . . . → Read More: Health Insurance Tip: Saving Money By Cutting Your Network
This is a savings tip we’ve been hearing from some doctors that we know. If you are on cholesterol-buster Vytorin and haven’t been offered a Vytorin Multi-Use Savings Card yet, it’s time to ask your doctor if he or she can give you one. The Vytorin Multi-Use Savings Card is good for cutting your Vytorin . . . → Read More: Savings Tip: Have You Asked Your Doctor for a Vytorin Multi-Use Savings Card?
We’re finishing up our tax season tips for this year, but even though this tax tip is last, it’s certainly not least. If you are self-employed, there is a new change in the tax code which allows you to deduct the cost of your health insurance premiums against your self-employment taxes. And if you’ve ever had to pay self-employment taxes, you . . . → Read More: Tax Season Tip: Health Insurance Tax Deductions for the Self-Employed
We know, we know, it’s almost the end of tax season and time is running out to add anymore deductions to your tax return, but we came across a link which could be super-helpful to those of you who have bought long-term care insurance for yourself or your parents or other loved one.
As we . . . → Read More: Tax Season Tip: Deducting Long-Term Care Insurance From Your Taxes
Just a friendly reminder if you’re one of the millions of Americans who uses a flexible spending account (FSA) to help pay for your annual healthcare expenses. There’s only two months left in the calendar year, so if you haven’t been using your FSA to help pay for your healthcare expenses so far this year, . . . → Read More: It’s November 1st… Have You Started Using Your FSA Money Yet?
As a follow-up to our blog yesterday on open enrollment and moving to a more affordable health insurance plan, we’ve found a great tool which we’d like to share with you. If you’ve ever tried to figure out which health insurance plan actually is the most affordable one for you and then been stumped as . . . → Read More: Open Enrollment Link of the Day: Money-Zine.com’s Health Insurance Cost Calculator