Consumers need more transparency to help them make better healthcare decisions. Too often, it is not clear if a provider is in network. It is not clear, if a specialty drug is covered by a health plan. It is not clear, what the actual cost is of a medical procedure.
Guest post by David Holt
Did you know that you can negotiate your medical bills? If not, you are not alone. In fact, the leading cause of bankruptcy in the United States is due to medical debt. Ten million Americans with active health insurance plans still have trouble paying their medical bills.1
A recent study conducted by The Journal of the American Medical Association found male registered nurses make $5,148 more per year compared to their female counterparts, and this inequality of pay between the two sexes has not changed in decades, while other industries have narrowed salary differences.
It is not official yet, but expect The White House to announce that being pregnant – and not just having a baby – will be become categorized as a Qualifying Life Event.
Meet my family.
My wife and I have three college-age children. Each of the kids made some money and filed their own tax returns, as required. My wife and I made $68,000 combined last year. We filed on time. So did our kids. We were taxed at our rate, they were taxed at their lower rate. Because our income was modest, we were eligible for a premium tax credit on the health insurance plan we bought from HeatlhCare.gov. Or so we thought.