Special Enrollment FAQs: Marriage, Divorce, Birth

Special Enrollment FAQs: Marriage, Divorce, Birth

If you experience a major life event like getting married, getting divorced, or having a baby, you may qualify for a Special Enrollment Period (SEP) to update your health insurance outside the regular Open Enrollment window (November 1 – January 15). Here’s what...
Illinois Employer Health Plan Updates 2025

Illinois Employer Health Plan Updates 2025

Illinois employers face new health plan rules in 2025. Here’s what you need to know: Expanded Coverage Requirements: Mandatory coverage for more medical procedures, including annual cancer screenings, hearing aids for all ages, and mental health counseling for...
Self-Employed Health Insurance Deduction Guide

Self-Employed Health Insurance Deduction Guide

If you’re self-employed, you can deduct 100% of your health insurance premiums for yourself, your spouse, dependents, and kids under 27. This deduction lowers your Adjusted Gross Income (AGI), reducing your overall tax bill – even if you don’t itemize...
HSA Contribution Limits and Deadlines 2026

HSA Contribution Limits and Deadlines 2026

HSA Contribution Limits for 2026: Individual Coverage: $4,150 Family Coverage: $8,300 Catch-up Contribution (55+): $1,000 Key Deadlines: You can contribute to your HSA for 2026 until April 15, 2027. HDHP Requirements for HSA Eligibility: Minimum Deductibles: $1,600...
6 Ways to Lower Your Health Insurance Premium

6 Ways to Lower Your Health Insurance Premium

Tired of high health insurance costs? Here’s how you can lower your premiums while keeping good coverage: Use Tax Credits and Subsidies: If your income falls within eligible ranges, you can save hundreds per month. Choose High-Deductible Plans with HSAs: Lower your...