Most people evaluate health insurance the same way they shop for many other products: they compare the monthly cost. The problem is that health coverage rarely reveals its true cost until it is actually needed. Someone can save money every month for years by choosing a lower-cost plan, only to discover that a medical event, […]
The Hidden Financial Risks of Choosing the Wrong Health Coverage Read More »
Being in good health is priceless, but there can often be a personal financial cost to looking at your healthcare. Each year, more than half a million Americans file for bankruptcy due to medical bills, which is the number one cause of bankruptcy in the country. Even in cases where bankruptcy is avoided, dealing with
7 Strategies For Protecting Your Finances From Medical Expenses Read More »
Q: My wife and I are preparing our taxes ourselves this year. We have over $1000 worth of medical co-pay expenses but we can’t get these expenses accepted. What should we do? A: I assume you are using a computer software program to help you with your taxes. If you and your wife are under age 65,
Are My Co-Pay Medical Expenses Tax Deductible Read More »
