Author: financeonlinea_u0y1st

  • Understanding the Reasons Behind Potential ACA Premium Increases for 2022

    Understanding the Reasons Behind Potential ACA Premium Increases for 2022

    The average change in medical insurance rates for individuals and households for 2022 is modest, as it has been for the past couple of years. The national average increase is approximately 3.5%. New insurers are joining the markets in most states. All of this sounds great, but the reality is more complex. Most market participants do not…

  • Distinguishing Between an HSA and FSA: Understanding the Difference

    Distinguishing Between an HSA and FSA: Understanding the Difference

    We all know that there are many choices to be made when it comes to enrolling in an insurance plan. Do I want to stay on my current plan or should I make a switch? What is the best plan for me? Do I enroll into a Versatile Financial Savings Account (FSA), or a Health Financial Savings Account…

  • Bitcoin Makes a Comeback as Crypto Market Surpasses $3 Trillion in Value for the First Time

    Bitcoin Makes a Comeback as Crypto Market Surpasses $3 Trillion in Value for the First Time

    The current market conditions have a total value of $3 trillion for all the cryptocurrencies in existence. Market cap is the term used to describe the crypto market value. This market cap is driven largely by Bitcoin. Bitcoin has a cap of more than $1 trillion, and its price reached a record high in October.…

  • Increasing Market Premium Subsidies: The Impact of the American Rescue Plan Act

    Increasing Market Premium Subsidies: The Impact of the American Rescue Plan Act

    Edit, September 2, 2021: The subsidy enhancements described on this article had been totally carried out by April 2021 in most states, though a number of the state-run exchanges took a bit of longer to get them up and working. For anybody who was enrolled in a market plan previous to that, the extra subsidies…

  • Anticipating Parenthood? Ask Your Insurer These Questions in Advance

    Anticipating Parenthood? Ask Your Insurer These Questions in Advance

    A child costs more than $20,000. This is about the cost of a year’s tuition at a public university. Despite the fact that medical insurance and health care are expensive, not having coverage can be disastrous. The insurer can negotiate with suppliers to reduce the cost of medical insurance. After a member has paid their…

  • The Scoop: Health Insurance News – February 17, 2021 Edition

    The Scoop: Health Insurance News – February 17, 2021 Edition

    In most states, COVID enrollment is now open. Open enrollment in many states ended two months ago, but a new option for a one-time enrollment is now available to purchase coverage in 2021. This enrollment window is available to all uninsured individuals in the United States. In most states, this option can also be used by…

  • Canadian Officials Struggle to Seize Crypto Donations from Freedom Convoy

    Canadian Officials Struggle to Seize Crypto Donations from Freedom Convoy

    The Canadian authorities have started seizing donations given to Freedom Convoy protesters. However, they are addressing a problem in a particular form: cryptocurrency. A month ago, the right-wing Freedom Convoy protests against COVID mandates and other issues were dropped. The Canadian government assembled a task force to find the crypto donations. It was composed of agents…

  • Impact of the Build Back Better Legislation on Your Coverage

    Impact of the Build Back Better Legislation on Your Coverage

    Simply earlier than Thanksgiving, the Home of Representatives handed the Construct Again Higher Act (HR5376) and despatched it to the Senate. The model that the Home authorized was scaled down from the preliminary proposal, nevertheless it’s nonetheless a strong invoice that may create jobs, shield the surroundings, assist households meet their wants, and enhance entry…

  • Health Insurance News – October 28, 2021 Edition

    Health Insurance News – October 28, 2021 Edition

    Open enrollment for the individual market well-being plans starts Sunday Starting this Sunday, November 1st, people in every state can shop for individual-market health insurance coverage for 2021. About 13 million people who buy their own health insurance (rather than getting it through an employer or the federal government via programs such as Medicare and Medicaid)…

  • The Scoop: Health Insurance News – February 10, 2021 Edition

    The Scoop: Health Insurance News – February 10, 2021 Edition

    COVID’s enrollment window opens in most states on Monday COVID enrollment windows will be available in all states except Idaho by next week. In a few states, these are already open. Connecticut opened a COVID enrollment window following the publication of this week’s Scoop, leaving Idaho to be the only state without one. These enrollment windows allow…