Health insurance tax deductible

Common Questions and Answers about Health insurance tax deductible

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1310633 tn?1430224091 People are required to have car insurance as a means to protect all of us. Why not health insurance? This plan was originally introduced by Republicans. It can be a huge boon to the insurance industry, it can mean a healthier more productive country. Proper nutrition in schools, proper eye testing to see who needs glasses early means smarter students who will be able to compete on a more level field with other students from the Pacific Rim and South Asia.
278664 tn?1319840159 Wow, I hadn't heard that. That's good news to know!
Avatar f tn What health insurance coverage/plan do you have? How much do you pay deductible and premium? Im so confuse about that. I'm 35 and planning family soon, but I'm so confused about this. thank ;you Just trying to get an idea.
290867 tn?1333569278 In Massachusetts it just went into effect that every resident HAS to have health insurance or you lose your tax exemption. Fortunately I have very good insurance at my job as does my husband but if we didn't, we would have to go the other route. I have seen some companies adverstising as little as 150 a month to get a tailor made policy to suit your needs. I would search the internet and look into it to see what you can find.
Avatar m tn Looking at health insurance for the first time... I'm seeing $5000 deductibles at the cheapest for $100 a month. Does this mean I pay every bill up to $5000 before insurance kicks in? Seems like they don't really cover anything except horrible accidents or diseases that might bankrupt me. Is this really just bankruptcy insurance for the horribly afflicted?
3588173 tn?1357317184 Now I get screwed by the stupid tax law change this year and also have to pay my insurance deductible up front - which I just paid off!!! Stupid crap lol I just want her here already!
Avatar m tn hello, i don't know if this is the right place to ask this question but i am applying for health insurance and i had questions about the 'annual deductible'. Is this something i have to pay before i get coverage? or how does this work out? It's a temporary health plan by the way (6 months) with Blue Cross Blue Shield of Texas. So Could anyone possibly explain this deductible to me please?
Avatar f tn Ours was going to be 375 EACH visit! Plus the 20% for the hospital which was another $2000. I got on a form of Medicaid through the state and it covers everything that my main insurance wouldn't. It will go down some when the deductible is met but where my big cost was, was the 20% that the insurance wouldn't cover. Definitely ask human services if they have anything that can help, and you can also do a payment plan with most doctors and hospitals.
1310633 tn?1430224091 The policy forces individuals opting out of any form of health insurance to pay a “penalty fine”, which is more appropriately a tax. You must be signed up for health insurance by December 25, 2013 in order to Obamacare penalty. The original Obamacare penalty maxes out at $285 or one percent of the income for a family of four. In 2016, the Obamacare penalty maxes at $695 per person, $2,085 for the family, or 2.5 percent of taxable income, which amounts to $173.75 per month.
Avatar f tn Yes you do, here in the UK we have the nhs so we don't have to pay, but other countries like US don't have nhs they have health insurance instead so, like with our car insurance, if u don't have insurance or ur insurance doesn't cover it then u have to pay
Avatar f tn actually urs doesnt sound too good either u just said u have a 4000$deductible thats the highest deductible ive ever heard of. just wait until ur other bills start coming in.
Avatar f tn re healthy and can bank enough to cover possible costs, you may score serious savings by picking a high-deductible health plan combined with a health savings account, a pairing offered by a rising number of employers. Such plans usually have the lowest premiums, and you can stash up to $6,150 tax-free for medical expenses, money that rolls over if you don't use it.
Avatar m tn I am so far a healthy 43 year old/m in pa. I am trying to decide which health insurance plan will be good for my situation and I am looking for some opinions here. This Month my group plan ends and I can take cobra but there is no financial benefit to taking my same PPO plan which gives me to price break for being unemployed. So I am trying to look at this at a meaningful way. Since my PPO was $475/m plue $29 dental I just cant be paying that on my own now.
Avatar m tn First off...I feel this topic is absolutely relevant. Health insurance is a concern to all and I think we all can benefit from the ideas brought out from this thread. HCV treatment costs (whether treating with meds or not) are horrendous and can financially ruin anyone without the right insurance coverage. Ok...Willy: My opinion is that I would stay with what you have and carefully tweek the deductible if you have to.
Avatar f tn I am a twenty three year old with an insulin pump, I can not go back on my parents insurance, but make too much money for medicaid. does anyone know ANY way that i can get healthcare help while i go back to college. There is no way i can go without insurance. I feel like everything is such a struggle. If anyone has any suggestions, it would help.
1901977 tn?1333991726 Hi, I'm about to have my first baby, and the baby's father and I aren't married or in a relationship anymore, but we're planning on raising her together. However, we both have good jobs with good insurance - I'm just not sure whose insurance she should go under? How does this work for single parents who both have insurance? Is there any particular reason why she should be under mine?
Avatar f tn Hi Frrecks, I'm sorry that I don't know anything about the insurance, since we still have private insurance. It has to be so difficult to set aside the financial worries and concentrate on feeling better. I do know a lot of the DMD companies have programs to assist anyone without insurance. As for my private insurance cost, my employer just finished the open enrollment for next year and here is what I will be paying for my health insurance - $238.00 a month for me and my spouse.
Avatar f tn I was interested in seeing how many of us have health insurance vs no health insurance.
Avatar n tn So with HSA eligible health plans, almost always one has to meet one’s deductible (meaning they have to pay for their services out of their pocket) before the carrier starts paying for any services. Now those with health issues are more likely to need/use services & it is certain that they will be required to pay their deductible.
Avatar f tn lower-income workers who wouldn’t be able to afford individual insurance even with the tax credit, and Americans with health problems whom insurance companies won’t cover.
11294269 tn?1422402907 Something has got to give. Its just too much. The one job i cannot stand is the one that offers health insurance. I am planning to leave this job. As a single woman(i plan on getting married in the coming months), what are my options for health insurance? Im nervous and so unbelievably stressed. This whole "Affordable Healthcare Act" isn't very affordable. I went to the healthcare.gov website and for about $400/month I have to pay a $3000 deductible and get 50% coverage.
763017 tn?1259518290 In NZ (my home country) health care is nominal too - hospital stays used to be free up until about 20 years ago. People can get health insurance but I would guess over 90% of people dont. The health insurance essentially pays for the best doctors NZ has to offer. They work at private hospitals that the average person doesnt have access too and health insurance also circumvents the long wait times that are often associated w/ "public" hospitals (e.g.
Avatar n tn m just curious since we are likely going to face changes in the future of our health care system. If you have health insurance, it ranges from adequate to excellent, with most falling in between. Absent health insurance, there is genuine concern over whether or not patients are provided the same level of care offered to insured patients. I really don't know what the answer is.....a very complex problem for this country.
Avatar f tn Are They Really?? In All States??