Can I Get a Refund for Travel Insurance?

Dec 31, 2021

Most travel insurance policies will allow you to cancel within 15 days of purchasing coverage. However, this is not always possible. If you are forced to cancel your trip due to an epidemic or other circumstance, most insurers will offer a full refund of your premiums. The catch is that you must do so within 15 days of purchasing the policy. During this time, you can only request a refund if the epidemic or other cause of cancellation was your fault. Most travel insurance policies will reimburs ...read more

Are Health Insurance Payments Tax Deductible?

Dec 31, 2021

There are various ways to deduct health insurance payments. However, not all expenses are deductible. If you receive employer-sponsored health insurance, your employer may not allow you to claim a tax deduction. Unless your employer covers the entire cost of your health insurance, you cannot deduct the insurance payments. Other expenses, such as travel or therapy, may be deductible. Read on to find out how you can deduct these costs. Self-employed individuals can claim a health insurance deduct ...read more

Where to Find Health Insurance For Self-Employed People

Dec 28, 2021

You need to know where to find health insurance for self-employed people. The Obamacare marketplace is a great place to get quotes for your health plan. To apply, you will need to fill out an application and input your personal and financial data. You can also check if you qualify for any discounts. Generally, you can get a discount based on your income and household size. To help you choose the best plan, you can narrow down the options by considering your specific needs. The Health Insurance ...read more

Will Health Insurance Pay For Breast Reduction?

Dec 28, 2021

If you're considering a breast reduction, it's a good idea to contact your health insurance provider to see if it covers this type of surgery. Each company has different criteria and may not cover the procedure. Many insurers are hesitant to cover the surgery because it involves a lot of prep work, secondary consultations with other healthcare providers, and possible therapy. If you're concerned about the cost of this procedure, it's best to contact your health insurance company to discuss the c ...read more

New York Health Insurance Plans - New Laws For People Who Need Health Insurance

Dec 27, 2021

You can't deny the importance of health insurance. In fact, the Affordable Care Act mandated that most Americans obtain a health plan or face financial penalties. But it wasn't until 2010 that the need for health insurance truly hit home. As the law became effective, it was revealed that almost 30 percent of young adults under the age of 26 were uninsured. The Affordable Care Act mandated that most people buy a health plan, and now, everyone is required to do so. New Yorkers can enroll in COVID ...read more

Will Health Insurance Cover Dental Implants?

Dec 26, 2021

Dental implants can be a costly and time-consuming procedure. The insurer might be willing to cover the full cost of dental implant surgery if the patient has a medical condition that requires it. Fortunately, many health insurance plans now cover this treatment. There are also public programs that are similar to Medicare. These programs are run by the federal government and are designed to provide coverage for low-income individuals and families. These programs may provide more dental coverage ...read more

Where to Find Health Insurance Plans

Dec 25, 2021

Whether you're aging out of your parents' plan or simply need to replace a failing plan, there are many options available. You can take advantage of the SHOP marketplace, which allows employers to choose a predefined contribution that designates access to health plans for employees. In addition to administrative support, the marketplace can help you find a plan based on your preferences. In addition, you can hire a broker to help you with the process, either through a friend or a local broker. ...read more

Are Health Insurance Payments Tax Deductible?

Dec 25, 2021

Many individuals are confused by the question, "Are health insurance payments tax deductible?" However, the IRS has provided guidance for these deductions. In the past, the amount that can be deducted by employees was capped at 7.5% of adjusted gross income. This limit was increased to 10 percent in 2012 and was temporarily reinstated by the Tax Cuts and Jobs Act in 2017. This limit will remain at seven percent through 2022. In order to qualify, your health insurance premiums must be paid with ...read more

Can Health Insurance Be Tax Deductible?

Dec 23, 2021

If you are self-employed, you may be wondering if you can take your health insurance premiums as a tax deduction. The short answer is yes. If you have a HSA or you purchase a health plan through your employer, you can deduct some or all of the premiums paid. The key to taking advantage of this deduction is to pay less for your health care than you actually spend. There are many ways to maximize your tax deduction, but it is important to remember that the amount you can deduct is limited to 7.5% ...read more

Where to Find Health Insurance

Dec 22, 2021

If you have never had health insurance, there are several places you can find affordable, reliable coverage. Your employer might pay for some of your premiums or offer a plan if you have a dependent. In addition, you can shop for health insurance through a state exchange. However, if you are not covered by your employer's plan, you can also find a cheap policy by using the state's exchange. There are also local professionals who can help you locate a policy. A health insurance agent will either ...read more