In article written by Joan Mazzolini of the Cleveland Plain Dealer, Ohio health insurance rates have increased 9 times faster than the rate at which wages have risen. From 2000 through 2007 the average cost to insure a family in Ohio through employer sponsored health coverage increased over 80% while wages rose less than 9% [...]
Archive for the ‘high-deductible health plan’ Category
Health Savings Accounts Can Save You Money
Health Savings Accounts, more commonly known as HSA, were launched by the government in the 4Q of 2003. Initially the effectiveness of these health insurance vehicles was questioned, due to the slow adoption rate by Americans, but now five years later HSAs have proven to be a great way to save money if you understand [...]
New Individual Health Plan for Arizona residents
Last week, Blue Cross and Blue Shield of Arizona (BCBSAZ) announced the launch of 5 new Arizona individual health insurance plans . The new plans deliver a wide range of co-insurance and deductible levels and can save customers as much as 40% from previous health insurance options. The new individual health insurance plans offered by [...]
Underinsured in South Carolina
As written in Charleston.net, nearly 10% of South Carolina residents (nearly 400,000) are “underinsured” (defined as a person who spends 10% or more of their income on out-of-pocket medical expenses, or has a deductible that equaled 5% or more of their income). Lacking sufficient health insurance coverage is a dangerous proposition, you could be a [...]
