Lower Drug Costs on High Deductible Health Plans
- Monday, 22 July 2019 06:32
Today, the U.S. Department of the Treasury gave health insurers more flexibility to cover the cost of certain medications and tests for people with common chronic conditions who are enrolled in many high-deductible health plans.
The rule will allow those with HSAs attached to a High Deductible Health Plan (HDHP) to get some drugs covering chronic conditions such as asthma, diabetes, depression and high cholesterol before meeting their deductible.
For the full article click here.
2018 Health Savings Account Amounts Updated
- Monday, 22 May 2017 07:58
Health Saving Account Contributors will be able to put away $50 more in 2018 ($3450) and an additional $150 ($6900) for family. The $1000 catchup does not change.
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Moving Into a Nursing Home Facility
- Thursday, 23 June 2016 09:38
What you and your loved ones need to know.
At some point, someone you love may make the transition from living at home to residing at an assisted-living facility or nursing home. When should that transition occur, and what factors must be considered along the way? And what don’t these facilities tell you?
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The effect of high deductible health plans on your finances
- Saturday, 06 February 2016 12:05
The high deductible plans so prevalent since the advent of ObamaCare are having a dramatic impact on Americans. The concept that you have to have health insurance, that has a deductible so high you cannot really use it, has been written about alot.
Less than half of all households above the poverty level have enough assets to cover an out-of-pocket maximum of $3,000 to $6,000, considered a moderate level, according to a March analysis by the Kaiser Family Foundation.
Does a high deductible health plan cause people to bypass medically needed care? Read this article from the Charlotte Observer and learn more.