Home > Resources > Insurance > Medical Insurance and Medicare


Medical Insurance and Medicare

What Are HSAs?

Effective starting in 2004, health savings accounts (HSAs) provide a way to help save on medical costs. To qualify, you must be covered by a health insurance policy with a minimum deductible of $1,000 for individuals and $2,000 for families in 2005. Maximum out-of-pocket costs for the medical...more

Medicare Part D Checklist: A Step by Step Process for Making a Decision

Step 1 First be aware of some deadlines Deadline for application is December 31, 2005 so that you can have your choice of program in effect for January 1, 2006 Deadline: May 15, 2006 to make a decision without a penalty for those who are eligible to enroll. After that date, there is a 1% per...more

Medicare Part D Is Here

And it may affect you, whether you're retired or not! For instance, readers with elderly parents in another state & particularly parents in a nursing home or assisted living & will need to make sure that someone helps with their enrollment. So at the very least, give this brief article at least a...more

Securing Health Insurance with Pre-existing Health Conditions

Many individuals drastically underestimate the cost of securing private health insurance when they are retiring early, changing jobs, or as a result of downsizing when pre-existing conditions exist. There are in place nationwide safe guards to assure an individual who was previously covered by...more

You Can Protect Your Assets from Catastrophic Medical Expenses

It is a personal nightmare. You are sick, really sick and need time off to get well and whole again. You feel vulnerable, scared, ache and you are physically exhausted, unable to function. Your friends and family are really worried about you. Money. You think about money. You need money for medical...more

Bigger Estate Tax Credits in 2014

By Justin Stoltzfus January 17, 2014 Some interesting recent changes in estate?tax planning?rules will be useful for individuals and families with relatively high net worth or those who have set aside money or invested in order to gift future generations or hand down money through an estate...more

2014 Medicare Costs a Mixed Bag: Medicare Planning for Retirement

By Justin Stoltzfus March 20, 2014 Many aspects of federal Medicare remain flat for 2014, including the Part B monthly premium and the enrolled member's annual deductible, but that doesn't necessarily mean that retirees are dealing with fixed costs. Medicare planning is one of the biggest...more

Medical Bankruptcies: How the ACA Stands to Reduce Them, How States Are Blocking the Way

By James O'Brien March 22, 2014 The single largest source of personal bankruptcies in the United States is debt resulting from medical bills. According to NerdWallet Health, some 57% of U.S. personal bankruptcies can be directly tied to medical bills (and that's excluding factors such as...more

ACA in April: Enrollment Extensions (and What Happens if You Missed the Deadline)

By James O'Brien It certainly didn't go off without a hitch. The deadline to sign up for health insurance under the Affordable Care Act came and went on March 31, but enrollment websites crashed, marketplace phone lines groaned, and waiting times stretched on and on. Some made it through,...more

Additional Insurance Resources

Get Financial Advice
Right To Your Inbox!

Free E-Newsletter