Are you unsure about how to prepare for unforeseen medical bills?

Navigating the maze of health insurance can be daunting, but host Jeff Panik is here to help. In this enlightening episode of ‘Between Life and Money: Finding Balance’ Jeff simplifies the complexities of health insurance. He discusses the importance of having the right coverage to avoid significant medical bills and provides actionable strategies for choosing the best health insurance options. From understanding plan types to managing out-of-pocket costs, this episode equips you with the knowledge to maintain your physical and financial well-being.

Key Highlights:

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• Essential Health Insurance: Discover why health insurance, although not federally mandatory, is crucial for avoiding medical debt and ensuring coverage
  
• Coverage for Young Adults: Learn about the Affordable Care Act’s provision allowing parents to keep children on their plans until age 26
  
• Plan Types and Costs: Gain insights into different health insurance plans (HMO, PPO, etc.) and their implications on costs and coverage
  
• Family Discussions: Understand the importance of discussing health insurance within families, especially for those with chronic conditions
  
• Open Enrollment: Get practical tips for researching and selecting the best plan during open enrollment, ensuring in-network doctors and prescriptions
  
• Self-Employed Solutions: Discover resources like ehealth.com and healthcare.gov for finding suitable plans if you’re self-employed
  
• COBRA Coverage: Understand COBRA’s role in maintaining health insurance during job transitions and its associated costs
  
• Medicare Insights: Navigate the decision between staying on an employer plan or switching to Medicare at age 65
  
• Medical Billing Accuracy: Learn the importance of verifying healthcare bills for errors to avoid unnecessary charges
  
• And much more!
  

Resources:

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• Website: SSA.gov
  
• Website: eHealth.com
  
• Website: HealthCare.gov
  

Connect with Jeff Panik:

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• LinkedIn: Jeff Panik, CFP®, MSFS, CRPS 
  
• Website: BalanceWealthPartners.com
  
• Book: Your Future Is Now