Author: Jimmie Davis

Affordable Care Act: Employer-Sponsored Health Insurance and Marketplace Eligibility The Affordable Care Act (ACA) has a provision that determines whether employer-sponsored health insurance is considered “affordable” for the purpose of eligibility for subsidized health insurance plans on the Health Insurance Marketplace. Determining affordability is essential because it can significantly impact your ability to access affordable…

As the healthcare landscape continues to evolve, understanding the intricacies of health insurance is crucial for individuals and families. The Affordable Care Act (ACA) has undergone significant changes in recent years, including the “family glitch,” which affects the eligibility of family members for subsidized health insurance plans. This blog will delve into the details of…

Navigating health insurance options can be confusing, especially when it comes to the Affordable Care Act (ACA). One common question is whether you can qualify for ACA subsidies if you have health coverage through your employer. Affordable Employer Coverage Under the ACA, employers with 50 or more full-time employees must offer affordable health coverage to…

The Affordable Care Act (ACA), also known as Obamacare, provides a subsidy to individuals and families who purchase health insurance through the Health Insurance Marketplace. The amount of the subsidy depends on your income, family size, and other factors. One strategy to lower your ACA healthcare costs is to optimize your income to keep it…

Previously, over-the-counter (OTC) drugs prescribed by a doctor were excluded from being paid for with HSA funds. This meant that expenses incurred on OTCs were not eligible for tax-free reimbursement. However, thanks to changes introduced by the Coronavirus Aid, Relief, and Economic Security (CARES) Act in 2020, this restriction has been lifted. This change is…