Articles
The One Big Beautiful Bill's Impact on Healthcare and Health Insurance.
The One Big Beautiful Bill Act (OBBBA) is a sweeping legislative package combining tax cuts, border and immigration provisions, and major changes to health and social programs. While much public attention has focused on tax components and budget cuts its implications for health insurance and related programs are as much about what it didn’t include as what it did.
Like with all things, there are some silver linings if we look closely at the situation.
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Health Savings Accounts & Flexible Spending Accounts
Health savings accounts and flexible spending accounts are two different types of accounts that allow an individual to set aside pre-tax funds to pay for medical expenses. Which type of account is best for you, depends on your situation.
Keep reading to learn the differences between theses accounts and which might be a good fit for you.
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Health Savings Arrangements: The New Health Insurance Panacea or Just The Latest Trend?
Health Reimbursement Arrangements are a formal way for employers to set aside non-taxable money for their employees to use towards their healthcare expenses. Depending on their structure, they can be used for out of pocket expenses, specific categories of care, individual insurance premiums and more. They are not without complexity and administrative needs though. Keep reading to learn more and decide if this strategy might work for you and your employees.
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Health Insurance for Solopreneurs and Self Employed Professionals
Deciding to go out on your own has a lot of benefits, but it can also come with questions and uncertainties. One of them is Health Insurance Coverage. Is insurance available to self employed people? Is it expensive? Does it cover pre-existing conditions?
We’ll answer all of that and more in this article.
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The Ghoul's Guide to Health Savings Accounts
Don’t let the Tax Trolls take all your loot!
Keep more of your cache in your own stash by utilizing a Health Savings Account. Learn all you need to know to get started and begin optimizing your healthcare spending in this article.
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Medical Loss Ratios and Lemon Meringue Pie: What Do These Things Have in Common?
Medical loss ratios refer to the amount of revenue spent on healthcare by a health plan. The Affordable Care Act included provisions to standardize how much of insurance premiums should go towards the cost of care. As well intended as this may be, just like pie, it is not without it’s unintended consequences. Read more to learn some of the history, intent, and how this plays out in our modern health insurance and healthcare landscape.
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COBRA Continuation Coverage Basics.
Leaving a job often comes with a whirlwind of decisions, one of the most pressing being health insurance. Whether you are entering early retired, have suffered an unexpected job loss, or are transitioning to an exciting new endeavor, you may be wondering about COBRA Continuation Health Coverage. This article covers the basics of COBRA and addresses some common questions so you can decide if COBRA is your best option going forward.
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Employer Shared Responsibility: How It Applies to Small Employers.
As a small business, do I have to offer my employees health insurance? This is a common question among small business owners. The answer depends on how many employees you employ and how many business you own. This article will cover the basics of the the Affordable Care Act’s Employer Shared Responsibility Provisions and how they apply to small employers.
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Qualified Medical Expenses
Qualified Medical Expenses are health costs you incur that the IRS recognizes and that you may, through specific tax advantaged accounts, be able to use as a deduction. Keep reading to learn more about how the IRS defines qualified medical expenses.
