Search Results for: insurance

When both spouses work for employers that offer coverage, spousal plans may make sense. When considering the options of merging policies together or not, it’s essential to assess total costs; including monthly premiums, deductibles and copayments/coinsurance premiums/costs. These costs can add up quickly if the deductible is high. Premiums Health insurance can be costly, yet […]

People often assume their auto or credit card policies provide adequate protection when renting a moving truck; unfortunately, this is not always true. Rental truck companies typically provide various protection plans, such as damage waivers, supplemental liability insurance, roadside assistance and cargo coverage. While costs can add up quickly when traveling long distances, such plans […]

Eye care providers now provide online shopping options with FSA and HSA accounts that accept prescription eyewear purchases, often creating a seamless buying experience and optimizing vision insurance savings. Moscot offers an easy 14-day return window (for store credit only) and has a massive selection of premium frames with an FSA-friendly website, providing virtual tool […]

If you are a healthcare professional, hospital, or clinic and wish to join BCBS’ network as an in-network provider, an extensive credentialing process must take place first. DENmaar typically handles this part of the process; step one should include filling out their Provider Onboarding Form. Obtain an NPI Before embarking on the process of joining […]

Many young adults are confused as to when they must switch over to their own health insurance plan. According to ACA (Affordable Care Act), adults must drop out from parents’ plans by their 26th birthday or once they hit any age limiting threshold set forth by each plan (this varies between plans). However, if a […]

Tax deductibility of health insurance premiums depends on the nature and structure of your business and filing method. This article details rules applicable to those filing as self-employed as well as receiving reimbursements through an Affordable Care Act Premium Tax Credit and similar programs. Medical and long-term care premiums paid are tax deductible as an […]

Homeowners insurance provides protection from property damage, loss, theft and liability claims should anyone become injured on your property. Most homeowner insurance policies cover your home’s structure, such as walls and fences. Some policies even extend coverage to landscaping features like pools or trampolines in your backyard – however most policies don’t cover earthquake or […]

How you cancel individual health insurance varies depending on why you want to cancel it; such as switching over to Medicaid or Medicare or experiencing a qualifying life event. Each insurance provider has specific cancellation procedures they must abide by when cancelling a policy. Be sure to jot down the date and time that you […]

Employer-provided insurance policies typically consist of health care plans, life and disability coverage to help employees manage their finances and plan for potential unforeseen events. Employees typically pay premiums, deductibles and copayments to keep their policies active. These premiums may be deducted directly from an employee’s paycheck. Health Insurance Health insurance is an invaluable employee […]

Health insurance premiums can only be deducted as itemized deductions (rather than taking the standard deduction), and your total medical expenses, including premiums, exceed 7.5% of your adjusted gross income. Other qualifications also may apply. Many taxpayers rely on tax professionals as their go-to resource for advice regarding their unique circumstances and tax deductibility eligibility. […]