-
29 Nov
Using a Flexible Spending Account (FSA)
Posted: November 29, 2023
If you have a health plan through a job, you can use a Flexible Spending Account (FSA) to pay for health care costs, like deductibles, copayments, coinsurance, and some drugs. They can lower your taxes. How Flexible Spending Accounts work A Flexible Spending Account (FSA, also called a “flexible spending arrangement”) is a special account […]
-
25 Oct
Benefits 101: Premiums, Deductibles, Copays, and Out-of-Pocket Maximums
Posted: October 25, 2023
Not understanding benefits terminology is near the top of the list of ways that open enrollment and benefits selection can stress you out. Open enrollment is coming quickly and soon you will be talking about benefit options. The world of benefits and insurance can be confusing. In-network, out-of-network, deductibles, co-pays and co-insurance? What? Let us […]
-
15 Aug
Why Health Insurance Matters
Posted: August 15, 2023
Health insurance may not be the most exciting thing to shop for but it’s one of the most important things that you can buy for yourself and for your family. Having health insurance has many benefits. It protects you and your family from financial loss in the same way that home or car insurance does. […]
-
03 Jul
Information Is Power – Be an Informed Healthcare Consumer!
Posted: July 3, 2023
With health care costs on the rise, it’s more important than ever to take responsibility for your medical care choices. Asking questions and researching your options are good ways to start taking control of how much you spend on health care. Becoming an educated healthcare consumer is important for making informed decisions about your health and […]
-
30 May
Benefits 101: What is an HSA?
Posted: May 30, 2023
Are you the type of person who loves to save money? You’ll be happy to know that there’s a way to do so with your health care costs. It starts with medical expense accounts which let you set aside money to pay for certain health products and services. One type of medical expense account is […]
Innovative Insurance Group