What Is an Insurance Deductible?

When you have an insurance policy, you may have to foot the bill for some of your medical expenses before your insurance company starts chipping in. This initial amount is your insurance deductible. The size of deductibles can vary depending … Continue reading →

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A Guide to Coinsurance and Copays

Having health insurance makes it possible to receive medical care while only paying a fraction of that care’s true cost. Insurance doesn’t cover everything, however. Some of the cost of your care is still up to you to pay, and … Continue reading →

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HIPPA (Health Insurance Portability and Accountability Act)

With the growing use of paperless forms, electronic information transfers and storage has become the norm. This is true about our medical information as well. So, how do we know that our sensitive medical records are being kept private? Thanks to a federal law entitled Health Insurance Portability and Accountability Act (HIPAA), health plans, health

HIPPA (Health Insurance Portability and Accountability Act) is a post from Pocket Your Dollars.

What is a Health Savings Account (HSA)?

A Health Savings Account (HSA) is a convenient way to store funds specifically for medical expenses. If you qualify for an HSA, you will get to enjoy a few tax advantages as well. While this might sound like an ideal setup, not everyone is eligible for a health savings account. To qualify for a health

What is a Health Savings Account (HSA)? is a post from Pocket Your Dollars.

Deducting Health Insurance Premiums When You’re Self-Employed

In this day and age, health insurance is something that we all need to have but have different ways of getting it. Health insurance is expensive. If you work for a company that offers insurance, you won’t have to worry about deducting it from your taxes, but if you have been paying out-of-pocket for your

Deducting Health Insurance Premiums When You’re Self-Employed is a post from Pocket Your Dollars.

Questions to Ask When Shopping for Health Insurance

Whether you are acquiring it through your employer or on your own, shopping for health insurance coverage is a task that many adults will be faced with at some point. Health coverage is not a one-size-fits all amenity, and it comes in many forms such as Point of Service (POS), Health Maintenance Organizations (HMOs), Preferred

Questions to Ask When Shopping for Health Insurance is a post from Pocket Your Dollars.