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What Happens to My HSA If I Change Health Plans?

What Happens to My HSA If I Change Health Plans?

A health savings account (HSA) is a great way to save money for medical expenses, especially considering that your contributions, interest, and earnings are tax-free. But what happens if you quit your job, retire, or move, causing you to change your health insurance plan? Here are some pointers to help guide you through a health plan switch. Your HSA Is Yours to Keep No matter...

Healthcare Fraud: What to Look for & How to Prevent It

Healthcare Fraud: What to Look for & How to Prevent It

Your health is among life’s most valuable assets. We trust doctors and medical workers to look after us and ensure we stay well. When your medical information is used to commit fraud, it can impact your financial health. Additionally, an already strained health system is abused for nefarious purposes. We can protect ourselves and our community by knowing how to spot and prevent healthcare fraud. ...

What Are My Life Insurance Premium Options?

What Are My Life Insurance Premium Options?

Life insurance is one of the most effective ways to protect your loved ones from financial trouble if you suddenly pass away. But what type of policy is best for you and your budget? There are several general categories of life insurance. These life insurance policies can be evaluated based on the cost of monthly premiums. Some are fixed premium policies—the premiums do not increase...

Medicare for Veterans: Accessing Benefits Beyond VA Healthcare

Medicare for Veterans: Accessing Benefits Beyond VA Healthcare

If you are a veteran, you may be wondering how your Veterans Health Administration (VA) assistance is affected by enrolling in Medicare. Medicare offers a host of benefits that go beyond what traditional VA health covers. VA health care is often confined to illnesses and injuries related to your service. Here is a quick overview of how you can access these increased benefits. What is...

The Pros & Cons of Group Disability Plans

The Pros & Cons of Group Disability Plans

October is National Disability Employment Awareness Month (NDEAM), a time to raise awareness about supporting employees with disabilities and promoting inclusive workplace policies. One such policy offers group disability insurance, a valuable part of employee benefits packages. Group disability insurance provides financial protection for employees who cannot work due to illness or injury. With the growing recognition of disability insurance as a key element in...