If you get laid off and lose your health insurance, you may have several options. The best choice depends on the premiums, how much of the deductible you’ve paid, the coverage details and provider networks. This AARP article explains what you need to consider when assessing your options.
4 Ways Telehealth Can Save You Money
Telehealth services are booming because of the coronavirus pandemic, but these virtual doctor’s visits can save you money any time. Telehealth costs a lot less than in-person visits for minor issues, and insurers are expanding coverage for behavioral health and other types of care. Find out more in this U.S. News & World Report article.
Why You Should Have a Roth IRA During Turbulent Times
A Roth IRA can be particularly valuable during volatile times — your earnings grow tax-free for retirement, but you can withdraw your contributions without penalties or taxes anytime, doubling as a back-up emergency fund. Learn about the special Roth benefits in this AARP article.
How to Care for Your Aging Parents From a Distance
New technology and resources make it easier to research and monitor your parents’ care even if you live far away — from U.S. News & World Report.
How to Help Your Aging Parents With Their Finances
The coronavirus may have you thinking more about your aging parents and their financial futures. Learn more about the key topics to discuss with your parents, and the legal documents and information you’ll need to help them in this U.S. News & World Report article.
Are Health Insurance Premiums Tax-Deductible?
Several tax breaks can help you pay your health insurance premiums and reduce your health care costs — whether you’re self-employed, unemployed, buying your own health insurance, or on Medicare. This U.S. News & World Report article explains how to find out if you’re eligible for any of these tax benefits and what you need to do to get them.
How Health Insurance Premiums Subsidies Work
It can be expensive to buy health insurance on your own, but most people who lose their jobs qualify for subsidies that can reduce their premiums significantly. This article in U.S. News & World Report explains how these complicated subsidies work and how you can save money on your premiums.
How to Qualify for Medicaid
Medicaid can be the most affordable way to get health insurance while you’re unemployed, if you live in one of the 36 states that have expanded coverage. Many people don’t realize that they may be eligible for this coverage when their income drops.
Where to Find Emergency Cash for Coronavirus Hardships
Find out about special sources of emergency money for military families and retirees facing coronavirus-related financial hardships in this article for Military Officer magazine.
New Rules for Medical and Dependent Care FSAs
Recent changes to the rules for health care and dependent care FSAs make these tax-free plans more flexible — especially if your medical or child-care needs have changed over the past few months. Learn more in this article from U.S. News & World Report.