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Deductible

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The Atlantic hurricane season runs from June 1 through November 30. After a record-breaking 2020 season, the predictions for the 2021 hurricane season are again above-average:  The National Oceanic and Atmospheric Administration (NOAA) predicts 13 to 20 named storms, with six to 10 hurricanes, of which three to five are likely to become major hurricanes.  […]

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If you have a high-deductible health care plan, you can contribute to an HSA with pre-tax dollars. Contributions are tax deductible, and withdrawals for qualifying medical expenses are also tax-free. Contribution limits for 2020 are $3,500 individual/$7,000 family, with a $1,000 catch-up if you're 55 or older.

If you're buying health insurance from the NY Marketplace, act now: you must apply by Dec. 15 to get insurance that starts Jan. 1. But applicants say they would rather call or get an in-person appointment - going online is an exercise in frustration.

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BERNIE SANDERS: "Every study done shows that 'Medicare for All' is the most cost-effective approach to providing health care to every man, woman and child in this country." — Democratic debate.

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BERNIE SANDERS: "Every study done shows that Medicare for All is the most cost-effective approach to providing health care to every man, woman and child in this country."

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SANDERS: Under "Medicare for All," "the vast majority of the people in this country will be paying significantly less for health care than they are now." — debate Thursday.

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For many people, health savings accounts offer a tax-friendly way to pay medical bills. You can deduct your contributions to an HSA, contributions made by your employer are excluded from gross income, earnings are tax free and distributions aren't taxed if you use them to pay qualified medical expenses. Plus, you can hold on to the account past your working years...

I got some incredibly bad advice from an email masquerading as a health insurance company today.

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Q: What should I expect to happen to costs and coverage for my employer's health insurance plan for 2019? A: You can expect the cost of medical and drug benefits to rise by 5 percent in 2019, according to the annual health care survey by the National Business Group on Health. This would be the sixth...

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