Author: Ben Vasquez

Are you struggling with the high cost of employer-sponsored health insurance? You’re not alone. Many people find themselves in the same situation, especially those with spouses who work for the government or other organizations with unique enrollment periods. Employer Health Insurance vs. ACA Marketplace Employer-sponsored health insurance is typically more expensive than plans available through…

When it comes to Affordable Care Act (ACA) health insurance, calculating income is crucial for determining your eligibility for subsidies and the cost of your premiums. For individuals who retire Early (FIRE) and begin withdrawing from long-term capital gains, understanding how income is calculated can be particularly challenging. What is MAGI? MAGI stands for Modified…

When you file your taxes, you may be asked if you had health insurance for the year. While this question seems straightforward, it’s important to understand the difference between having health insurance and having ACA-compliant health insurance. If you file your taxes with non ACA-compliant insurance, it may have a fine for not having minimum…

Losing your job can be a stressful time, and it can be even more daunting when you have to figure out how to maintain health insurance for yourself and your family. If you’re recently laid off and facing this predicament, here’s a comprehensive guide to help you navigate your insurance options. Different Types of Health…

Getting health insurance through the Affordable Care Act (ACA) is a big step towards taking control of your health. Now that you have coverage, you may be wondering what to do next. Here are a few tips to help you get started: 1. Find a Primary Care Physician (PCP) A PCP is a doctor who…

Navigating health insurance can be daunting, especially when you’re traveling abroad. If you’re a long-term traveler like the user in the post, understanding the Affordable Care Act (ACA) is crucial to avoid potential penalties. The ACA and Long-Term Travel The ACA requires individuals to have health insurance coverage or pay a penalty. However, there are…

Health insurance can be a daunting aspect of retirement planning, especially in the United States where it’s not universally covered. For individuals retiring early, health insurance costs can be a significant financial burden. However, there are options available through the Affordable Care Act (ACA) that can help reduce these costs. ACA and Health Insurance Subsidies…

Navigating the complexities of health insurance can be overwhelming, especially when it comes to understanding your eligibility for subsidies. If you recently started a new job and are considering enrolling in your employer’s insurance plan, this blog will provide clarity on how subsidies work and how they may impact your decision. Subsidies and Employer-Sponsored Insurance…

Are you wondering if it’s worth it to hire a tax preparer or file your taxes yourself? If you’re enrolled in an Affordable Care Act (ACA) health insurance plan, there are some additional factors to consider. ACA and Tax Implications The ACA has had a significant impact on the tax filing process, adding new healthcare-related…

Introduction Gaps in health insurance coverage can cause financial hardship and uncertainty. If you find yourself facing a coverage lapse, short-term health insurance may be an option to consider. Understanding Short-Term Health Insurance Short-term health insurance is a temporary coverage option that provides limited benefits for a period of up to 364 days. It is…

Introduction The Affordable Care Act (ACA) has significantly impacted health insurance coverage for millions of Americans. One of its primary goals is to ensure access to affordable health insurance plans, especially for those who may not have access to employer-sponsored coverage. In this blog, we will explore a specific scenario regarding affordable health insurance coverage…

If you’re an early retiree, you may be wondering how to optimize your healthcare costs. The Affordable Care Act (ACA) provides a number of options for health insurance coverage, but understanding your options can be difficult. In this blog post, we will discuss how to raise your MAGI to the poverty level in early retirement…

Many people find themselves wondering how long it takes to enroll in an ACA health plan after paying their premiums. This is a valid concern, as the enrollment process can sometimes take several days or even weeks. In this blog post, we will discuss the enrollment process and provide some tips on how to ensure…

The Affordable Care Act (ACA), also known as Obamacare, requires health insurers to provide you with a 1095-B form each year. This form reports the health insurance coverage you and your dependents had during the year. You’ll need this form to file your taxes and prove you had health insurance. If you don’t have a…

The Affordable Care Act (ACA) has been a major topic of discussion in the United States since its passage in 2010. The law has been credited with providing health insurance to millions of Americans who were previously uninsured, but it has also been criticized for its high costs and complex regulations. One of the most…

The ever-rising cost of healthcare in the United States has become a major concern for many Americans, making it difficult for individuals and families to access the care they need. One potential solution that has gained attention is the idea of combining all US government healthcare plans into one, thereby creating a single entity with…

When you lose your job, your health insurance situation can become uncertain. If you were receiving health insurance tax credits through the Affordable Care Act (ACA) marketplace, you may be wondering if you have to pay them back once you start receiving unemployment benefits. The answer is: it depends. If you received unemployment benefits for…

The Affordable Care Act (ACA), also known as Obamacare, is a landmark health care reform law that was signed into law by President Barack Obama in 2010. The ACA has made health insurance more affordable and accessible for millions of Americans, and it has also expanded Medicaid coverage to low-income adults. Open Enrollment Period ACA…

The Affordable Care Act (ACA) provides health insurance coverage to millions of Americans, including children. If your child is denied coverage under the Children’s Health Insurance Program (CHIP), you may be able to enroll them in a Marketplace plan. How to Enroll Your Child in a Marketplace Plan To enroll your child in a Marketplace…