Can you show me how to get health insurance?

COSTA MESA, Calif. - Nov. 7, 2019 - PRLog -- If you think you may qualify for health insurance for low-income people and families, or if you're elderly or have disabilities, you may be eligible for Medicaid or the Children's Health Insurance Program (CHIP). You can apply for Medicaid based on your income if you visit here (https://www.healthcare.gov/medicaid-chip/getting-medicaid-chip/). Your information will then be sent to the appropriate state agency.

If you're interested in an individual or family health insurance plan from a private insurer, you can get free health insurance quotes in your area by visiting here (https://smartfinancial.com/health-insurance). It's always a good idea to shop as many insurers as possible before buying a health insurance plan.

Are health insurance premiums tax deductible?

Yes, under some circumstances, health insurance premiums are tax deductible. There are two rules set by the IRS about who qualifies: You must itemize deductions on Form 1040 Schedule A rather than take a standard deduction. Also, taxpayers can only deduct medical expenses that exceed 10 percent of "adjusted gross income." In most cases, you won't save much money filing unless you have overwhelming medical expenses that consume a large portion of your income.

How can I get the most affordable health insurance?

If you're young and healthy you're probably asking yourself, "How do I get cheap health insurance?" This makes sense. While people with pre-existing conditions may want a more comprehensive plan,

How do health insurance deductibles work?

A health insurance deductible is the amount you pay towards medical bills (not counting prescription drugs, usually) before your health insurer begins to pay your medical expenses. In cases where you have a PPO, you pay out of pocket until you hit the limit. For instance, if your deductible is $3,000, you will pay for $3,000 worth of medical costs and anything over that amount will be covered by the insurer.