Health plan for non-citizens available “off exchange”

Interested in understanding if non US citizens (above 60 years old) can buy health insurance in the US; if so, what are the options & where to find these plans. Foreigner Dear Foreigner, You can buy insurance directly from a carrier, as a non-citizen.  You cannot go to the insurance exchange, since that is available […]

U.S. spends more on healthcare, no easy answer why

How is the U.S. spending so much money on healthcare when people pay for their medical bills with health insurance? Home Economist Dear Home Economist, If your question is about why the U.S. (federal) government spends so much money, then the answer is four-fold: 1) Medicare 2) Medicaid 3) Federal government employees 4) Military members and families Altogether, the federal […]

Obamacare: Entrepreneurs and consultants get coverage, but not in Africa

I’m a young adult and recent graduate from college. Post graduation, I took a consultancy job in Africa until May of next year. I’m curious how consultants and entrepreneurs go about health insurance as it is certainly not offered by your line of work. Should I go the international insurance option? Or should I pay […]

Affrordable Care Act: Medicare Part D donut hole disappearing

Why is there a doughnut hole in Medicare’s drug coverage? Puzzled Dear Puzzled, The doughnut hole design allows the program to manage its outlay for high-cost/ high-need members.  After the member has reached the doughnut hole, he or she is “back on the hook” for some of the drug costs.  Thus, the member has a […]

Affordable Care Act: when to go to the exchange, after divorce

If current medical coverage is provided as part of spouses retirement package until November of 2014 and a divorce is granted in October, when will I need to apply for marketplace insurance for myself?  I’m three years away from getting Medicare. Hoosier Stater Dear Hoosier Stater, You should look at your options now for a […]