Small Business Health Insurance
Deducting Self-Employed Health Insurance Premiums
If you have self-employment income, then you can take a deduction for health insurance expenses.
Before claiming this tax deduction, you must calculate your allowable health insurance deduction. Take your self-employment income, and subtract the 50% deduction for self-employment taxes, and subtract any retirement contributions you make to SEP-IRA, SIMPLE-IRA, or Keogh plan. The remainder is […]
Ohio Employers Paying for Employees Individual and Family Health Insurance Policies
Many employers in Ohio do not realize that they have the option to get individual health insurance and replace there expensive small group health policies. Whether your company is in Cincinnati, Columbus, Dayton or Cleveland this information will apply. Let’s look at the implications and understand why whether individual or a small group plan is your […]
Ohio Small Business Health Care Tax Credit
Most small business owners do not realize if or when they are eligible for tax credits on the small group health insurance plan they provide for their employees. Health reform legislation signed by President Obama includes a Small Business Health Care Tax Credit to help small businesses afford the cost of covering their workers. Below […]
Taking the Mystery out of Individual Health Care Coverage
As more and more companies defray healthcare costs by passing them along to employees and more people join the ranks of the self-employed, retired and going-back-to-school, individual health insurance becomes of critical importance. Not only will it keep your family covered in between career moves, it can also be a less-expensive option than employer-provided insurance. […]
One Major Step to Fixing our Health Insurance System
Our current health insurance and health care system in general is broken. There is not one end all be all solution to the problem, but there is one major change that I believe moves us in the right direction. That is taking the employer out of the health insurance equation. Did you know that companies […]
Are you self-employed and looking for health insurance in Ohio?
The self-employed face some unique challenges when it comes to finding health insurance for their families. Health Insurance specialists can be found online, and can help you find the best policy for your situation.
The brave people who become self-employed often can keep their health coverage by extending their employer group benefits through COBRA. (The Consolidated Omnibus Budget […]
Comparing Deductibles in Traditional Co-pay and Health Savings Account (HSA) Eligible Plans
In todays health insurance environment it is often difficult to weed through what the terms actually mean, especially when they really have differnt meaning from plan to plan. Afterall, the true meaning is really defined by what is covered and is not coverred.
To start, you must first understand one term and how that effects you as […]
Health Insurance and Bankruptcy
Did you know that half of U.S. bankruptcies, affecting 2 million people annually, were attributable to illness or medical bills? As we continually look for answers in regard to handling todays health care crisis, it is important to look outside the box with the items that are under our control as a consumer of health […]
