Monthly Archives: August 2015

Modified Adjusted Gross Income

Under the Affordable Care Act, your eligibility for health insurance advanced premium tax credits or subsidies is determined by calculating a household’s Modified Adjusted Gross Income(MAGI).  For most people applying for health insurance and seeking to gain advanced premium tax credits, MAGI is very similar to Adjusted Gross Income.  See below for an explanation of […]

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Health Savings Accounts 101

If you are an individual who is enrolled into a high deductible health plan (HDHP), starting a health savings account (HSA) may be a good idea. Funds that are deposited into the HSA are tax deductible and are used to pay for qualified medical expenses for the owner of the account or his family. There […]

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I Lost My Tax Credit – What Can I Do?

Opening your premium notice from the health insurance company and discovering that you owe much more than you had been paying to keep your insurance active is shocking. Unfortunately, it happens quite a bit. This information will help you understand why you lost the tax credit, and what you need to do to get it […]

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The Basics of Dental Insurance

While major medical insurance is the bulk of what people are most interested in, other types of insurance do come into play. Life, dental, and vision are other types of insurance that can be talked about in conjunction with health insurance, with dental usually being the most prevalent of the three. Dental Insurance is offered […]

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