Health Insurance Basics

Learn more about the basics of health insurance coverage, including cost-effective ways to use your coverages, policies, and accounts.


Are There Tax Penalties For No Health Insurance?
Are There Tax Penalties For No Health Insurance?

The Affordable Care Act (ACA) mandated Americans have health insurance. The mandate included an IRS tax penalty, or shared responsibility payment, for non-compliance. Numerous states declared the mandate unconstitutional. Let’s look at tax penalties for health coverage, what they are, and the states where they apply. Is There a Tax Penalty For No Health Insurance? […]

UPDATED: AUGUST 05, 2022 | 1 MIN READ

How to Find Low-Cost Individual Health Insurance

Finding low-cost individual health insurance can be costly if you don’t know where to look. The main issue many people run into is finding a balance between the price and quality of the plan. You do not want to sacrifice quality for price or vice versa. If you need direction on where to look for […]

UPDATED: JULY 26, 2022 | 3 MIN READ

Family Health Insurance Plans Explained
Family Health Insurance Plans Explained

Family health insurance works the same way as individual health insurance. The only difference is it covers multiple people. Because of this, they often have a higher deductible, monthly costs, and out-of-pocket maximums. What Is a Family Health Insurance Plan? Affordable Care Act (ACA) requires all health insurance plans, including family ones, to cover specific […]

UPDATED: JULY 26, 2022 | 3 MIN READ

Getting an Individual Health Insurance Plan
Getting an Individual Health Insurance Plan

Open Enrollment begins soon. If you’re interested in signing up for an insurance plan, don’t go into it uninformed. Learn how it works, the cost, and what you need to know about individual health insurance coverage. What Is Individual Health Insurance? Individual health insurance is a health care plan you purchase directly through the marketplace […]

UPDATED: AUGUST 05, 2022 | 3 MIN READ

Complete Guide on All Types Of Health Insurance Plans
Complete Guide on All Types Of Health Insurance Plans

Health insurance plans come with choices, and costs without healthcare are astronomical. If you’re in the market to look for healthcare plans, you’ll see all kinds of options. It can feel confusing and overwhelming. So, how are the plans different? The article below covers all types of health insurance plans available, deductibles, costs, and more […]

UPDATED: JULY 27, 2022 | 2 MIN READ

States Where Health Insurance Costs the Most & Least
States Where Health Insurance Costs the Most & Least

Understanding health insurance is a challenge, particularly when looking for a plan to insure your entire family. Most full-time employers offer health care coverage, but how do you know if you’re paying too much? This article examines where families spend the most and the least on health insurance and what steps you can take to […]

UPDATED: JULY 26, 2022 | 2 MIN READ

What’s a Flexible Spending Account?
What’s a Flexible Spending Account?

Healthcare benefits can be confusing, but they are essential to help you take control of your physical health and finances. One common benefit employers offer is a flexible spending account (FSA). If you want to understand a flexible savings account and how to use it, keep reading. What Is an FSA and How Does It […]

UPDATED: JULY 26, 2022 | 1 MIN READ

HSA vs FSA: What’s the Best Option
HSA vs FSA: What’s the Best Option

Even if you have good health insurance, there are bound to be expenses you have to pay. This can include deductibles, prescriptions and medical supplies that aren’t covered, and a co-pay. Luckily, some accounts let you pay these expenses tax-free – a health savings account (HSA) and a flexible spending account (FSA). Let’s compare HSA vs. […]

UPDATED: JULY 26, 2022 | 1 MIN READ

What’s a Health Savings Account (HSA) and Should You Get One?
What’s a Health Savings Account (HSA) and Should You Get One?

A Health Savings Account (HSA) can be a great way to save for medical expenses and reduce your taxable income. However, the health insurance plan that HSAs require isn’t for everyone. Learn more about how HSAs work, the qualifications, and the pros and cons. Health Savings Account Quicklinks What Is a Health Savings Account (HSA)? […]

UPDATED: JULY 26, 2022 | 3 MIN READ

Are High-Deductible Health Plans Good or Bad
Are High-Deductible Health Plans Good or Bad

Choosing the proper health insurance plan can be mind-boggling. It can be difficult to decide which is best between PPOs, HMOs, and high-deductible plans. Let’s look at these plans and why it could be a good option for you and your family.  High-Deductible Health Plan Quicklinks What Is a High-Deductible Health Plan? High-Deductible Health Plan Pros […]

UPDATED: JULY 26, 2022 | 3 MIN READ