It’s no secret that the cost of health insurance has been increasing at a rapid rate. After your mortgage or rent, what’s your next largest cost? I bet it is your health insurance and medical costs. Do you feel financially squeezed sometimes about that? Sure, you do. Health insurance in Maine is expensive! What if I said you could cut your health insurance by up to 50%? In other words, if your health insurance costs up to $2,000 each month, you might be able to save $1,000 each month. What could you do with an extra $12,000 annually? I bet a lot! Affordable health insurance is possible! The key to affordability, as we discuss further, is how you approach your health insurance. If you are ready to save money on your health insurance, then please read on. In this article, we discuss an affordable health insurance plan for Maine residents.
One can’t underestimate the importance of health insurance here in the United States. If you and your family have a social security number, you can usually obtain a policy that complies with the Affordable Care Act. Some people here in the United States, including children, don’t have a social security number. We know your children are very important. You want the best for them. You can still purchase health insurance for them, even if they do not have a social security number. In this article, we discuss health insurance for children without a social security number.
According to a Willis Towers Watson report, many families can expect a 5.5% increase in their health costs in 2018. This is on top of a 4.6% increase in 2017. However, for those who buy off the health insurance exchanges, these people can expect an increase of about 17.8%!! As we wrote in a previous article, medical debt is the number 1 reason families go into bankruptcy. If this is you, try not to worry. Luckily, there are ways to mitigate these increases and still have good coverage. In this article, we discuss the ways to save money on health insurance. [Read more…]
You know the saying. You must be living under a rock if you haven’t heard about the proposed American Health Care Act (AHCA, also known as “TrumpCare”). Maybe you have heard from one of your friends that he or she will no longer be able to obtain affordable health insurance due to a pre-existing condition. Or, that premiums will rise significantly. Or, that penalties will increase. The proposed bill has certainly garnered much attention, some truthful and some not. In this article, we will give an AHCA summary and discuss the truths and myths of the Act. We hope that after reading this article, you feel empowered and informed. [Read more…]