Health insurance plays a crucial role in safeguarding individuals and families against the financial burdens associated with medical care. Yet, understanding the complexities of health insurance can be daunting. In this blog, we’ll delve into the basics of...
The US government offers many citizens the opportunity to save on their taxes and take care of medical expenses at the same time. Two options allow for this benefit. These options are either a flexible spending account or a health savings account, also known as FSAs...
Last year, Americans borrowed $88 billion to pay for healthcare expenses that their insurance didn’t cover. Forty-five percent of those surveyed said they scared a significant health occurrence would cause them to go bankrupt. Two out of three patients are unable to...
In 2015, the average cost of a hospital stay for cancer patients was $31,390. That’s half of the median household income for that year. It costs, on average, $292,000 to treat the most common type of childhood cancer. While some can rely on comprehensive insurance to...