Health Insurance Basics

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


Understanding Out-Of-Pocket Health Insurance Costs
Understanding Out-Of-Pocket Health Insurance Costs

Even incredible health insurance has its share of out-of-pocket costs and is typically a form of coinsurance. These expenses come from different areas and can range significantly depending on your healthcare plan. The best way to avoid surprises and save money is to understand out-of-pocket health insurance costs properly. To give you a solid foundation, […]

UPDATED: NOVEMBER 02, 2022 | 2 MIN READ

How Do Embedded Deductibles Impact Your Health Insurance?
How Do Embedded Deductibles Impact Your Health Insurance?

If you have family health insurance coverage, you may have heard the term ‘embedded deductible.’ You must understand the type of deductible your health plan uses. Embedded deductibles have an individual deductible and a family deductible for the policy. So, how does an embedded deductible work? Here is an explanation of how they pertain to […]

UPDATED: NOVEMBER 02, 2022 | 3 MIN READ

What’s a Health Insurance Deductible, and How Does It Work?
What’s a Health Insurance Deductible, and How Does It Work?

Before you enroll in a health insurance plan, you should pay careful attention to your plan’s annual deductible. Deductibles vary by plan, especially if you buy a health insurance plan through the Affordable Care Act (ACA) Marketplace. Here’s a primer on deductibles to help you make an informed decision on your new healthcare plan. What […]

UPDATED: NOVEMBER 02, 2022 | 2 MIN READ

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: SEPTEMBER 09, 2022 | 3 MIN READ

How to Find Low-Cost Individual Health Insurance
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: SEPTEMBER 27, 2022 | 1 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: NOVEMBER 04, 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: NOVEMBER 01, 2022 | 1 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: NOVEMBER 02, 2022 | 1 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: SEPTEMBER 27, 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: SEPTEMBER 27, 2022 | 2 MIN READ