Tag Archives: choosing health insurance

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 […]

Affordable Care Act: Penalty applies even if you pay your own medical bills

Can I refuse to pay the penalty if I pay all of my medical expenses out of pocket? Let’s say I’m worth millions of dollars and I don’t want any health insurance company to have access to my health records. Can I just pay everything out of pocket instead? If so, I shouldn’t have to […]

Obamacare: options for single parent in California

How do I find an affordable health plan as a single parent in California?  Dude and Dad Dear Dude and Dad, If you do not have an employer plan offered to you, your first stop is  Covered California™ | Affordable Health Insurance which is your state’s health insurance “exchange”.    There, you will answer basic […]

Obamacare: Act now before open enrollment ends

I receive SS benefits due to disability in the amount of $28,800 a year. My wife does not work. Will we be eligible for a subsidy for her insurance? Dead Stick in Texas Dear Dead Stick, Yes, she will be able to get a subsidy for her health insurance as long as she does not […]

Obamacare: the gap between Medicaid and exchange

My family and I Iive in Indiana. My spouse is on SSI and gets a weekly Worker Comp check, both are non- taxable. Our 14 year old son and I were told we don’t qualify for anything in the Affordable Care Act . I was told to sign up for Healthy Indiana Plan (HIP) for […]

Obamacare: one plan for both spouses, or one plan per person

I’m 51 and my wife is 47.  Under what conditions would my wife and I be better of getting two individual low deductible/low out-of-pocket plans vs one identical family plan, if the total premiums are identical? Figuring It Out In Florida Dear Figuring It Out In Florida Given that you have just two adults to […]