#017 – Healthcare.gov review is a cursory look at the current exchange portal. The site provides access to insurance plan options for the 50 states and District of Columbia. Links can be found for both the federal website and individual state exchanges.
Healthcare.gov and Get 100% Covered
This Healthcare.gov review still keeps in mind that the goal is to get 100% covered and spend the least amount possible on your health insurance. This is best done utilizing a High Deductible Health Plan (HDHP) along with a Health Savings Account (HSA). It makes sense to review our episode on HDHPs and HSAs!
Don’t Fear The High Deductible
Healthcare.gov Provides Help To Many
Healthcare.gov review highlights the fact the exchanges are not for everyone. Nearly half of the US population gets their health insurance through employer sponsored plans. Another 35% of people get their health insurance through the military, Medicaid or Medicare. About 5% of people have individual plans. About 10% choose to be self-insured or do not believe they can afford health insurance. Healthcare.gov does a great job of informing people how to get help and how much financial assistance they can get.
Why get health insurance through your employer?
2020 Tax Filing Deadline Change
Tax Day is now May 17, 2021. Get an immediate return on your savings by contributing to your Health Savings Account before May 17th. Similar to 401(k)s, you can contribute to your prior year’s HSA up until the time you file your taxes. You still have time to contribute to your 2020 HSA!
Earn a bunch fast by contributing to your HSA
I Appreciate You Very Much!
Thanks for listening to the Healthcare.gov Health Insurance Exchange Review! Thanks as always, for your continued support. Please tell your colleagues, friends and family about Doxcost. Follow us on Twitter @doxcost and at doxcost.com
More on HSA contributions in the next episode…..