Questions tagged [health-insurance]
For questions about health insurance policies, including relevant terminology, types of policies, how to evaluate a health insurance policy, etc. Questions should be tagged with a country-specific tag in most cases, e.g. "united-states" or "canada".
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What are the minimum financial benefits a long-term care insurance must have to allow a Washington tax resident to opt out from the long-term care tax
Revised Code of Washington (RCW) 48.83.020 (mirror) states:
"Long-term care insurance" means an insurance policy, contract, or rider that is advertised, marketed, offered, or designed to ...
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Which insurance is primary when you have coverage through two employers?
If someone has health insurance coverage in the U.S. through two separate employers, which is considered primary for the coordination of benefits? How is this determined?
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After opting out from the long-term care payroll tax in Washington by purchasing a qualifying long-term-care insurance, can one drop the insurance?
After opting out from the newly established long-term care payroll tax in Washington state by purchasing a qualifying long-term-care insurance, can one terminate the contract with the insurance? Or ...
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To opt out from the long-term-care payroll tax in WA, does the LTC insurance have to be active by Nov 1, 2021, or simply be purchased by Nov 1, 2021?
To be allowed to opt out from the long-term-care payroll tax in Washington state, does the long-term care insurance have to be active by November 1, 2021, or simply be purchased by November 1, 2021? ...
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Are the HSA and FSA bad deals?
As I understand it, the HSA and FSA accounts are intended to provide individuals with a way of not paying tax on money they spent on healthcare. The individual sets up the account to receive a portion ...
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Is US health insurance just a terrible deal overall for a healthy young adult?
Since it is open enrollment period, it is once again time for me and my family to review our decisions about our healthcare insurance. These days, there are quite a few nuances to healthcare insurance ...
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Should retiree take insurance from employer or should he/she take from external insurance organization?
My dad is retired bank official in India. I want to know if he should go for health insurance provided by his employer or he should go for other insurance organizations, given say the cover is exactly ...
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Why is company provided health insurance tax free, but individual health insurance is not?
Why is company provided health insurance tax free, but individual health insurance is not?
I do not understand the rationale for making health care contributions by companies non-taxable, but if an ...
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Is 0% coinsurance better than a lower deductible?
I have two options for my healthcare provided through work. My employer covers 100% of the monthly premiums for both, and the premiums would be essentially identical anyway (within $2/month), so that ...
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Employer changing Healthcare provider during COBRA eligibility period -
I am currently on COBRA and my eligibility runs for several more months. My employer (who covers my COBRA) is changing healthcare providers. I assume they must let me continue under the new provider ...
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Can you keep on COBRA for medical and elect only dental and vision coverage from new employer?
Long story short, I am changing jobs and my new employer offers medical, dental, and vision. However, I've had a rough year and have finished paying all of my medical insurance's deductible and am ...
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Why is the monthly premium of one medical insurance plan over TWENTY times of another?
After many years of school, I recently started work. I learned about the different categories of health insurance: for an HMO I have to contact my PCP, PPO gives more flexibility, and POS is somewhere ...
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Reimbursement from insurance after FSA reimbursement received
A couple months ago, I had a dental appointment and, since my dentist is not in-network, I had a substantial bill. I submitted this expense to my flex spending account (FSA) for reimbursement, and I ...
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How to respond to CA 2020 tax penalty notice? I forgot to indicate I had health coverage
I received this mail yesterday:
PICTURE OF MAIL
I am a student with F1 visa status and filed both federal and state taxes for 2019 and 2020. I do have an external scholarship that includes a very good ...
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Hedging Costly And Unlikely Events With More Than Conventional Insurance
The selling proposition of something like an inflation-adjusted annuity is that the purchaser trades uncertainty for certainty. Even though some simple calculations will show that fixed and regular ...
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Is the employee-paid premium on a health insurance plan that is shared with a non-dependent tax deductible?
My health insurance premium for just me is $0. If I add my domestic partner, however, the premium goes up to $190. I know I have to account for imputed income, on the basis of the additional employer-...
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Claim money from unused health insurance (set by employer)
Is it possible to claim unused health insurance money after you leave a company? It is basically unused group health in the United Kingdom (England).
The health insurance was set by the employer where ...
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Does a qualifying life event require changing retroactively to the date of the event?
My employer offers several insurance plans, including both a low-deductible plan and a high-deductible HSA plan. Suppose my family was planning to have a baby in the middle of next year. Would it be ...
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Is "premium tax credit repayment" deductible as health insurance cost for self-employed?
Under the ACA, you estimate your income for the year when signing up for a health insurance plan via the exchange. If you are eligible for a subsidy, it is calculated based on this estimated income, ...
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Health Insurance Premium deduction for Husband/Wife LLC
Assume the following situation:
My wife and I own a LLC in a community property state. (50/50)
We are self-employed and have no employees.
Under this arrangrement, business income flows through to ...
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Accidently forgot to cancel insurance Kaiser, refund possible?
I had a personal health insurance plan from Kaiser, but I forgot to cancel it when my workplace health insurance coverage (also from Kaiser) started, so for 2 months I was charged for 2 plans. Is it ...
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Cobra or catastrophic insurance
I'm about to leave a job and go on a long bikepacking trip. At the end of the trip I will be going to grad school and getting student health insurance. This is all in the United States. I have decent ...
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Insuring body parts
In the past few months I have injured my hands 4 times since I started playing basketball. One break was particularly bad and I wasn't able to use that hand for programming. This slowed down my work ...
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Mandatory retroactive insurance coverage due to QLE in USA
My wife and I have a QLE (Qualifying Life Event) for new insurance: a job change. The document is dated April 12. We apparently have 30 days to enroll in new insurance now.
When we spoke to Health ...
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Will my surgery bill be covered by Medicaid if I just started a new job?
I had a knee surgery while i was on medicaid. The hospital hasn't billed me for the surgery yet. I will start a new job soon. Will Medicaid still pay for that surgery?
- 140k
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Do we have to pay deductibles on medicare and medicaid separately?
My fiancé has been seeing a PTSD therapist for about five weeks, paying out of pocket for the sessions until her medicare deductible was met so she would be covered.
We just got a call from the ...
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Former Employer lied on 2016 1095-C form
I was laid off work on March 5th 2015 and was provided insurance up until March 20th 2015 and then offered Cobra. My husband had a new job and his insurance started as of June 1st and we had no issues ...
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Self-funded & fully-funded health insurance plans for small businesses
Imagine that a hypothetical small business in the U.S., MoneySavers, is setting up a health insurance plan that it will offer to its employees. I'm looking for clarification on any misunderstanding ...
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Why would my health insurance provider call me to spontaneously offer a lower rate?
Asking anonymously for privacy.
I have had both basic and extended health insurance at company "A", which is now a sub-brand of company "B".
Today, I was called by someone ...
CommunityBot
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If I get covered by a new healthcare plan in the middle of a month that is already covered by COBRA, will I get double coverage or a prorated refund?
I've been unemployed and have paid into the COBRA dental, vision, and healthcare plan of my previous employer, ever since being laid off from that job.
I submitted my last COBRA payment on February 1, ...
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Can a lab collection requisition be used in two different labs and still be covered by the health insurance?
For example, let's assume that a lab collection requisition lists two tests: test A and test B (e.g., test A and test B can be some blood tests). Can the patient do test A in one lab and test B in ...
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If a health insurance considers a physician with a given NPI as in-network, does this mean that any physician with the same NPI is also in-network?
If a health insurance plan in the United States considers a physician with a given National Provider Identifier (NPI) in-network, does this mean that any physician billing via the same NPI is also ...
- 140k
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Must Israeli citizens who do not reside in Israel pay for the nationwide Israeli healthcare system?
businessinsider.com claims that:
Healthcare in Israel is universal and, by law, all citizens and permanent residents must participate in it.
I find this surprising, as typically citizens who do not ...
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Can I use my Health Savings Account to pay for medical bills before insurance reimbursement?
This answer establishes that Health Savings Accounts (HSA) can be used to pay for co-payments and deductibles.
Suppose that instead footing a co-payment bill with my HSA debit card, I use my HSA to ...
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Mass Connector Health Plans and new employment
I'm currently self-employed and I have insurance through Massachusetts Health Connector, which is what the Affordable Care Act is called in Massachusetts. I have a good income level so I don't ...
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ACA health insurance: What will happen if my income ends up being way higher than I have on record?
I have a state subsidized health plan through Covered CA (California, US). My income fluctuates quite a bit from year to year, but I always do my best to guess what it will average out to be, and if I'...
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What are the options for a French citizen, US-resident to get French medical insurance only applicable to France?
I am French citizen, US-resident and interested to know the option to get French medical insurance only applicable to France. https://www.crystal-finance.com/page/prevoyance-sante-expatrie says:
Pour ...
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Use HSA to pay for previous medical expenses? [duplicate]
I'll be starting an HSA for the first time on Feb. 1. I have significant medical bills for treatment in December.
Can I deposit money into the HSA on Feb. 1 and then use the HSA to pay the bills for ...
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Question About Medical Bill Defense
So, I've been researching for a quite a bit and haven't been able to find a case or ruling that relates close to my situation.
I went to a sleep specialty physician about four years ago who was ...
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Claiming tax deduction on Family Health Insurance covering parents in India
I am going to buy a health insurance policy in India. I am single, salaried and 24 years old. And I want to include my parents(both 50 yrs) too in the health insurance. I have the following queries:
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Why is the second lowest cost silver plan (SLCSP) premium reported as $0 when no advance premium tax credit (APTC) was taken?
In the instructions for Form 8962 (Premium Tax Credit), it says:
If no APTC was paid for your coverage, Form 1095-A, Part III, column B, may be wrong or blank or may report your applicable SLCSP ...
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Employee health insurance before vs after tax deduction
The employee insurance I am being offered gives a choice deduction being taken out before or after tax. Which of these choices would result in overall more money saved?
Cost of insurance is ~ $60 a ...
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If you are hospitalized on December 31st and released a few days into the following year, how is the deductible applied?
I was hospitalized on December 31st after a surgery that was done that same day. Now it is looking like I'll be staying in the hospital at least another day or two for recovery into the new year.
I'm ...
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Employer Paid COBRA asking for reimbursement
Due to COVID I loss work.
I requested COBRA paperwork filled them out and returned them to my former employer I never received any bill or any request for payment. I never paid anything toward my ...
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Insurance product for retirement
I am new in finance.
If I want to propose an insurance product for retired people, and I am supposed to take on financial risks in the hope of profit.
Can someone give me some informative tips of what ...
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Who pays after deductible? Coinsurance not listed
Our company switched health care providers and I'm a little confused because the provider doesn't call out "coinsurance". So for example, on this base plan, if I were to meet the $3000 ...
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What kind of health insurance does the American public have and how do they benefit from it? [closed]
My question
What kind of health insurance does the American public have and how do they benefit from it?
I was surprised to read articles about the American health care system; this seems to be ...
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Owed taxes for discounted health care after pension cash out
Last year in 2019 my Mom signed up for "Obamacare". At the time she signed up, she was under 400% of the poverty limit, which for 1 person was 12,490 x 4 = 49960. Being under this limit ...
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I started a new job, want to switch my wife to my new insurance. Can I open an HSA if she had an FSA on her previous plan?
I've been searching for a clear-cut answer to this for a while, to no avail. My employer benefits advisor's guidance was unsatisfactory, and my CPA hasn't gotten back to me about it. And so...once ...
- 116k
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Where can I find a definitive list of FSA/HSA qualifying expenses?
I was recently informed that the Coronavirus Aid, Relief, and Economic Security (CARES) Act expanded the list of eligible HSA/FSA expenses to include things such as feminine hygiene products and over ...
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