In 2008, you can contribute $2,900 for individuals or $5,800 for families. If you are 55 or older you can make an extra $900 catch up contribution.
High deductible = $1,100 for singles and $2,200 for families.
Should you? It depends.
The premiums may be about 10-15% less than a regular health insurance policy, if you have to pay the whole premium yourself. But, you may have to pay the actual cost of doctor visits and medications (not just the copay amount), so you may blow through your deductible quickly and tap into the savings you are trying to accumulate.
An Introduction
Hi. Welcome to BourGroup and my blog. Phil
Phil Bour is a CERTIFIED FINANCIAL PLANNER(tm) professional since 2004, a Magna Cum Laude college graduate and an accounting professional for over 35+ years. I love numbers, statistics and economic history.
I am also an Enrolled Agent (EA) to represent taxpayers before the Internal Revenue Service and to prepare tax returns.
"Phil"osophy: I believe that you can manage your money on your own (not necessarily through individual stock selection but through mutual funds, ETF's and other solutions) once you receive some one-time, professional guidance. Why pay annual fees when there may be little added value? For additional information, first read the "An Introduction" label at the left. Then move on to others.
Phil Bour is a CERTIFIED FINANCIAL PLANNER(tm) professional since 2004, a Magna Cum Laude college graduate and an accounting professional for over 35+ years. I love numbers, statistics and economic history.
I am also an Enrolled Agent (EA) to represent taxpayers before the Internal Revenue Service and to prepare tax returns.
"Phil"osophy: I believe that you can manage your money on your own (not necessarily through individual stock selection but through mutual funds, ETF's and other solutions) once you receive some one-time, professional guidance. Why pay annual fees when there may be little added value? For additional information, first read the "An Introduction" label at the left. Then move on to others.
Showing posts with label Insurance-Health. Show all posts
Showing posts with label Insurance-Health. Show all posts
Tuesday, November 13, 2007
Tuesday, October 2, 2007
Tricare
"virtually unusable for ... retirees "
" because ... the payment ...
to physicians continues to go down "
"physicians are unable to afford to
provide care to TRICARE beneficiaries "
For more information on these bills, click here.
To contact your representatives directly, click here.
For more information on rising military health costs, read Tom Philpotts' article at Military.com.
Friday, April 20, 2007
Sunday, July 30, 2006
Health Insurance Cost
A 2005 survey by the Kaiser Family Foundation and the Health Research Educational Trust found that the average cost of health insurance for a family of four has passed $10,000—up 73 percent since 2000, with a corresponding increase of only 15 percent in wages. The report says that soaring premiums are "the latest sign that a relentless rise in premiums threatens to collapse the central pillar of America's health insurance system: job-based health coverage." Kaiser's president, Drew Altman, says, "We are seeing a slow deterioration of our employment-based health insurance system, which is the backbone of healthcare in this country. It's unraveling at the edges."
in
in
Subscribe to:
Posts (Atom)