Posts tagged "Major Medical"

Early Retirement, Under 65, And Health Insurance

How Do Retirees and Small Business Owners Afford Health Insurance?

Most of the talk about retirement health insurance centers around the US federal health plan for people over 65 or disabled people.  This plan is, of course, Medicare. Medicare accepts qualified people over 65 or with qualifying disabilities.

Retirees Under 65?

However, these days, many middle aged people are choosing early retirement as their best option. There are a variety of reasons for this, but sometimes it just works out because the job market is so sluggish for older people. Sometimes, these people want to start their own business. Either way, they are not qualified for Medicare because they are under 65 years old and not disabled.

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Posted by FinanceGuy - June 2, 2011 at 3:16 pm

Categories: Health Insurance   Tags: ,

Federal High Risk Pools : Health Reform Updates

Federal High Risk Health Pools Are Coming To Your State!

I noticed a note on the Texas High Risk Health Pool website when I was doing some research for a client.

Enrollees in the new federal pool program will pay  standard market premium rates and their coverage will not be subject to any preexisting condition exclusion.  Funds for the Federal Pool are    limited, so eligible applicants should apply as soon as possible.

Federal High Risk Health Plans

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Posted by David - July 21, 2010 at 4:01 pm

Categories: Health Insurance   Tags: , ,

Does Health Insurance Cover Medical Massage?

What Is Medical Massage?

massagemanTo put it simply, medical massage is performed with a the intent of improving or removing a specific health problem. It is prescribed by a medical doctor, though probably performed by a licensed medical massage therapist.  It is actually performed to help the body’s own healing processes. For instance, specific massage may help remove a blockage, improve blood flow, or relieve a muscle spasm.

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Posted by David - May 10, 2010 at 1:16 pm

Categories: Health Insurance   Tags: ,

IRS HSA (Health Savings Accounts) Guidelines for 2009

The IRS controls HSA deductible contribution amounts

The IRS issued 2009 HSA contribution limits and minimum plans:

Contributions:
- $3,000 for self-only coverage
- $5,950 for family coverage

For Clients who are 55 and older they are allowed a catch up provision of: $1000.

Minimum High Deductible Health Plan deductibles:
- $1,150 self-only
- $2,300 family

And, after retirement, any remaining HSA savings can be used for Medicare supplement premiums, long term care premiums, Medicare Part D premiums, or other needs with no tax penalty.

An HSA (Health Savings Account) works with a higher deductible major medical insurance plan. Learn more about HSA health insurance plans.

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Posted by admin - January 7, 2009 at 1:49 am

Categories: Health Insurance   Tags: , , ,