Reduced Medicare Costs Can Boost Your Social Security Benefit

By Dr. Eileen Hilton Learn more about Eileen on NerdWallet’s Ask an Advisor While most retirees pay the standard premium amount for Medicare health coverage, those in higher income brackets pay an additional amount based on their income. If you’re in a higher income bracket and your income drops during retirement, less money for Medicare should be […]

Continue Reading

What's the Maximum Income for Getting Premium Assistance?

The costs of insurance on the health insurance marketplace can run surprisingly high, and they tend to get higher each year. To ease the pain, the federal government offers financial assistance in the form of subsidies to some people shopping for insurance on the public exchange. This is true whether you shop on the federal marketplace — at […]

Continue Reading

Free Preventive Care from Health Insurance Plans

Catching and treating a health problem before symptoms start, or, better yet, preventing a sickness entirely, isn’t just good for your health; it can also save you some serious money down the road. Most chronic conditions and many serious diseases get worse over time, even with medication, but treating a disease sooner rather than later can […]

Continue Reading

Bronze to Platinum: How Health Insurance Metal Tiers Work

Even if you like to comparison shop before you buy, open enrollment can be a dizzying experience. Health insurance policies are almost as unique as the people they’re meant to cover. Each has its own rules and cost sharing structure, and premium rates vary tremendously across plans. The metal tier system removes some of the […]

Continue Reading

No Health Insurance? You May Qualify for an Obamacare Exemption

The Affordable Care Act, also called Obamacare, requires you to have health insurance or pay a tax penalty — but there are exceptions. This could be music to your ears if you can’t afford a health plan or didn’t sign up for one before the open enrollment deadline. You could be eligible for an exemption from […]

Continue Reading