Insurance

Will ObamaCare be Repealed and Replaced in 2017 under a Trump Presidency?

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With Trump’s surprising win in the US presidential election and the Republicans retaining control of the House and Senate, it looks like ObamaCare’s viability is at serious risk. ObamaCare, officially known as the Affordable Care Act (ACA), has been long maligned by Trump and Republicans and the promise was that it would be repealed on day […]

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Are You Missing Out on Cheaper Auto Insurance? Implement the Switch to Save Strategy

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Tis’ the holiday season and that means sales everywhere you look. This includes sales and discounts in the ultra-competitive auto insurance industry, where with only a few minutes of online clicking and typing you could literally save hundreds on your next auto insurance policy. During the holiday season auto insurance companies really ramp up their advertising and […]

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Unbundling Auto And Home Insurance Policies Even When Losing The Multi-Policy Discount

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Around this time of year many people get renewal notices for their auto insurance. More often than not they will briefly scan the notice and if the premium hasn’t increased substantially from the prior period they’ll just file away the renewal paperwork and let the auto-payment on file continue to be processed. But when I […]

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Will Obamacare be Delayed?

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[Update] – The Obama administration announced that it will give Americans who buy health insurance through the new online marketplaces an extra six weeks (until March 31st, the end of open enrollment) to obtain coverage before they incur a penalty. With all the news around the glitches plaguing the Obamacare website – healthcare.gov – and its […]

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2017 ObamaCare Premium Tax Credit (PTC) to Offset Impact of Health Insurance Premiums

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[Updated for 2016 and 2017 qualifying income ranges] Under new health care laws (a.k.a ObamaCare or the Affordable Health Care Act) a new tax credit has been made available to millions of Americans who purchase insurance via  health insurance exchanges or marketplaces. You have to purchase the insurance via these official exchanges or marketplaces to get the […]

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2016 vs. 2017 Obamacare Health Insurance Subsidies and Tax Credits

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Despite ObamaCare, formally known as the Affordable Care Act, having been around for several years now there is still considerable uncertainty around the various tax credits and subsidies on premiums, deductibles, co-payments, and coinsurance. The value of these credits and subsidies are generally dependent on your modified adjusted gross income (MAGI) and family size and can significantly impact […]

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Obama Health Care Reform Changes – Mandatory Coverage Penalties, Health Care Exchanges, Tax Credits and Subsidies

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President Obama’s signature health care legislation, the Affordable Care Act, is very much in place now and in the next few months a number of Americans are going to see a lot more of the regulations and laws come into place. This includes: Penalties for No Health Insurance. Beginning in 2014, uninsured individuals must buy […]

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My Employer Once Again Hikes Health Insurance Premiums During Open Enrollment

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It’s that time of the year again. Open enrollment. It’s also fall, but as this is a personal finance blog, weather is not the focus. My current employer, a Fortune 500 firm, recently released their 2013 contribution rates (i.e health insurance premium) for it’s employees and once again rates are rising. Their justification is that […]

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2016 vs. 2017 Tax Penalty Amounts and Exemptions For Not Having Health Insurance Under ObamaCare

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President Obama’s health care reform plan, also known as ObamaCare or the Affordable Care Act, is the law of the land now which means that all Americans with an income above a certain threshold have to purchase or have health insurance. The provision referred to as the individual mandate is what legally required most US citizens and […]

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Best Auto Insurance Websites For Getting Free Quotes – Allstate, Esurance and GEICO

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All major auto insurance companies have online sites where shoppers can come for a free quote. This is not surprising with over 35% of auto insurance shoppers preferring to buy their policy online, according to the J.D. Power and Associates Insurance Website Evaluation Study. The remainder of insurance policies are purchased through agents, at dealerships […]

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