Fourteen years ago, I was working for a collapsing telecom company that had just shut down the division I worked for and laid off about 70 of us. Three months later, I began my career here at Blue Cross, and as a cancer survivor, you might imagine I was VERY interested in getting health insurance coverage.
Here at Straight Talk, we’re usually talking about things that drive up your healthcare and health insurance costs. So, it’s nice to be able to share some good news with all of you!
I’m always in awe of the intelligence and credentials of the people I work with on a day-to-day basis at Blue Cross. A great example is Dr. Vindell Washington, our chief medical officer.
As I sit here in mid-April, I can’t help but think of all the times in the past four years I’ve been confronted by folks who got HUGE tax bills at the end of the year because they bought their health insurance on healthcare.gov, made some errors computing their income and got hit with a surprise bill. This is a great time to review how the Advanced PremiumTax Credits on healthcare.gov work and how to avoid getting nailed with a huge tax bill at the end of the year.
Age is a big factor in how much medical care people are expected to use. But the ACA made the ratio between how much we are allowed to charge a 64-year-old versus a 21-year-old too small. Mike Bertaut breaks it down in this new video that helps explain why young people are being priced out of the market and driving up costs for everyone else.