Date Archive

Image for 6 Common Health Insurance Terms Everyone Should Know. An image of a female doctor sitting at a desk with a laptop.

6 Common Health Insurance Terms Everyone Should Know

Open enrollment for health insurance is now underway, and the key to getting coverage is understanding the terms of your plan. You’ll want to know what a deductible is and how it affects your healthcare costs. Understanding co-pays, coinsurance, and out-of-pocket maximums is also essential—not only because they’re crucial to managing medical costs but because […]
Read more
Image for Everything You Need to Know About the 2023 Federal Employee Health Benefits Premiums. An image of a Federal Medical Insurance claim form with part of a laptop and a stethoscope showing nearby.

Everything You Need to Know About the 2023 Federal Employee Health Benefits Premiums

Health insurance is a critical aspect of personal and family responsibility. Such benefits fall under the Federal Employee Health Benefits Program for federal employees. Under this program, the Office of Personnel Management (OPM) contracts with various private health insurance carriers to provide coverage to federal employees, retirees, and their families. Each year, the OPM announces […]
Read more
Image for Affordable Care Act Changes for 2023 and What to Expect in the 2023 Open Enrollment Period. An image of a doctor sitting at a desk with a laptop, tablet, and a calculator.

Affordable Care Act Changes for 2023 and What to Expect in the 2023 Open Enrollment Period

In most countries, the open enrollment period for 2023 health coverage begins on November 1, 2022, through January 15, 2023. You can enroll in, re-enroll in, or change your 2023 health plan through the Health Insurance Marketplace during this period. Every year the Affordable Care Act (ACA) changes. Between these changes, rising inflation, the increase […]
Read more
Image for Are Health Insurance Premiums Ever Tax-Deductible? Image of a 1095-C form with a pen and some money on top of it.

Are Health Insurance Premiums Ever Tax-Deductible?

Statista reveals as of 2021, over 200 million people in the US had health insurance. Health insurance is undeniably one of the most significant monthly expenses for Americans. The current sharp spike in the cost of living has led many consumers to wonder whether they can reduce their costs through tax breaks on their monthly health insurance […]
Read more