THE IMPORTANCE OF HEALTHCARE

Only a couple of years ago, millions of Americans were denied or could not afford proper health insurance. Now thanks to the Affordable Care Act, healthcare is available to all American citizens. With that, comes a ton of healthcare options to choose from but which is the right one for you? Fortunately Tax Experts is here to help you find the right one, both in and out of the established act. Allow our tax specialists to help you explore your multiple health insurance options that are both suited to your financial and personal needs.

Understanding the effect that healthcare can have on one’s taxes, provides Tax Experts with an additional level of depth, contrary to other tax preparation firms. Without the proper coverage, medical expenses can severely harm your finances. Surprisingly there are still many individuals without healthcare; something Tax Experts finds unacceptable. Our goal as accountants is not only to ensure that your taxes are prepared on time but also that our clients are protected. This is why healthcare plays a pivotal role in the services we provide.

We work to find you a plan that helps you save money, while eliminating some of the risk and high cost associated with certain health insurance policies. Our specialists walk you through the pros and cons of insurance plans that interest you, while also providing options that you may not have been aware of.

It is imperative that you understand the ins and outs of the Affordable Care Act. Some important clauses of the Act include:

YOUNG ADULTS

Young Adults can remain on their parent’s plan until the age of 26

OLDER COVERAGE

Anyone with an older insurance can keep it as long as it meets the minimum standards

PURCHASING COVERAGE

You can use the health insurance marketplace to purchase a private plan

INCOME

Those who make less, pay less for medical coverage

MEDICARE

If you currently have Medicare, you can keep it with no issues

HEALTH STATUS

You cannot be denied coverage based on health status

For more info about the Affordable Care Act, and its guidelines, feel free to contact us today.

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