What is your 2019 strategy to combat another increase in premiums?

(Photo Credits: http://www.zcool.com.cn/u/1/) Traditionally employers would control health care costs by moving deductibles up, maybe some max out-of-pocket increases, perhaps even offer a Health Savings Account plan (HSAs). Over time, all this did was delay the next increase. What did it solve? What is your next move for 2019? How much higher can you i...

Overusing your health insurance

When reviewing health plans and evaluating cost, keep in mind health insurance wasn't designed to cover every penny related to health care. Everything under the sun on an open credit card is nice, but not when you are paying the bill. But you are. The purpose of insurance is to cover sudden very expensive losses. It's about making you whole again and not...

Health Insurance: The race against the clock

There is still time for Congress to pick up the pieces of changing the healthcare system to help stabilize it. The fate of the Affordable Care Act is yet to be determined. In the meantime, people wait while paying extremely high premiums and have mountains of out-of-pocket bills on the kitchen table. Where is the affordability of the Affordable Care Act? ...

Health care billing issues: Sudden and Expensive

Photo credits: creditcards.com Insurance is designed for sudden expensive exposure that most of us cannot afford. If you look at those words again: sudden and expensive. It does not spell out the predictable and affordable. For years though, we had someone with the bigger purse paying the bills. Most of us had very little to pay out-of-pocket for any of...

Video: What to do for 2018 health insurance plans

Exchange Plans Wait to Price 2018 Policies

It could be an another cold day in Chicago, as we wait to see what the Trump Administration decides to do with the healthcare subsidies. A glimmer of hope for some of those receiving subsidies. The insurance companies are fearing for the worst. Brace for impact! Health insurance companies must soon decide if they will participate in Affordable Care Act (AC...

Why Allowing Health Insurance Sales Across State Lines Won’t Help

Why Allowing Health Insurance Sales Across State Lines Won’t Help By Peter Orszag | March 7, 2017 Why Allowing Health Insurance Sales Across State Lines Won’t Help The effort to replace Obamacare faces increasing challenges, the more it is subjected to the harsh light of scrutiny. A good example is the proposal, apparently central to the Re...

Video: ACA Executive Order by Trump Administration Jan 2017