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Category: Health Insurance

UnitedHealth CEO says ‘Medicare for All’ would ‘destabilize the nation’s health system’

UnitedHealth CEO says ‘Medicare for All’ would ‘destabilize the nation’s health system’ Berkeley Lovelace Jr. / CNBC UnitedHealth Group CEO David Wichmann warned investors on Tuesday that “Medicare for All” proposals pushed by Democratic lawmakers and presidential candidates would “destabilize the nation’s health system.” A number of Democratic proposals call for eliminating private health insurance, and replacing it with a universal Medicare plan, claiming that...

New Medicare Open Enrollment in 2019

Want to switch to a different Medicare Advantage plan? Starting in 2019, you’ll have a new opportunity to do so. You’ll have more time to enroll (or disenroll). We’ve captured the details of the Medicare Advantage open enrollment changes below. Changes to the Medicare Advantage Open Enrollment Period in 2019 The annual Medicare Advantage Disenrollment Period (January 1 – February 14 every year) will be...

How Should You Pay for Your Health Insurance?

Consumer-driven healthcare offers three popular tax-advantaged benefit accounts -- the Health Savings Account (HSA), the Health Reimbursement Arrangement (HRA) and the Flexible Spending Account (FSA). Each of these three types of accounts: Is sponsored by the employer; Is designed to offset the high cost of medical care; Involves tax-advantaged contributions; and Allow individuals more control of their personal healthcare needs. Beyond these common features, there...

What Millennials Need to Know About Health Insurance

Millennials, born in the 1980s, are still young and healthier than they are likely to be when they grow older. But even healthy people can get into accidents, catch communicable diseases, and suffer various ailments. Like everyone else, Millennials need health insurance. The good news is that health insurance is more affordable for younger healthy people than it is for older adults. As a cost-conscious...