How to offset the costs of health insurance quoting : WREG.com

So what can you do to offset the costs? Please enable Javascript to watch this videoMEMPHIS, Tenn. — As Congress tries to figure out how to repeal, replace or improve the nation's health care system, many Americans who depend on the Affordable Care Act are worried about what happens in the meantime. As of now, when open enrollment on the marketplace begins in November, people in Shelby, Fayette, Tipton, Haywood and Lauderdale counties will only have one choice. That provider, Cigna, plans on raising rates by at least 30 percent in Tennessee. Hal Stansbury with The Barnett Group has some tips.




- Debbie DiamondHere is a list of the Georgia counties, and the 2018 projected health insurance companies:Copyright 2017 WALB. (Source: WALB)Anthem, the parent company of Blue Cross, had announced in June they were exiting Georgia's individual insurance market. Beginning in 2018, BCBSGa will offer on and off exchange Individual health plans in 85, mostly rural counties that would otherwise not have health insurance coverage for their residents. However, the continued uncertainty makes it difficult for us to offer Individual health plans statewide. BlueCross and BlueShield of Georgia agreed to offer coverage in the state insurance exchange in 2018, but only for 85 counties that would have had no other health coverage companies.

Making retirement lemonade from health insurance lemons

Here's a cheat sheet for converting your health insurance to a retirement savings plan:Self-fund current medical expensesUsing an HSA for retirement makes sense if you can cover current medical expenses from existing savings or cash flow. This year, that means an individual plan with a deductible of at least $1,300 and a family plan with a deductible of at least $2,600. That means carving out a significant chunk of an emergency fund for potential out-of-pocket costs tied to using an HSA. Max out your HSA contributionThis year, individuals can contribute up to $3,400 and couples can contribute $6,750. (Note: Some employers contribute to employee HSA accounts; the combined value of contributions you and your employer make can't exceed the aforementioned limits.)


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