Colorado Health Insurance Archives

Can You Use Your HSA to Pay for Medically Recommended Diet Costs? Here’s What the IRS Says

by Wiley Long | Apr 26, 2024 | Colorado Health Insurance, Health Insurance

“Food is medicine,” says the U.S. Health Department. “Not so fast,” says the IRS. Caught in the middle: U.S. consumers with dietary issues that require special foods or dietary supplements. And unless Congress intervenes, it’s going to be up to the Tax Court to work...

Should Colorado Impose Caps on Drug Prices?

by Leslie Alford | Apr 15, 2024 | Colorado Health Insurance, Health Insurance

Caps on drug prices seem like a nice idea… if you don’t think about it very much. After all, who could be against more affordable drugs, right? And that’s the reasoning behind the recent decision of the Colorado Drug Affordability Board to move to cap the price of...

Is Medi-Share Tax Deductible?

by Leslie Alford | Apr 5, 2024 | Colorado Health Insurance, Health Insurance

Since Medi-Share is a health sharing organization, and not a traditional Affordable Care Act-qualified insurance product, your monthly membership costs are not deductible on your individual income tax return. However, since Medi-Share saves up to 50% compared to the...

Rocky Mountain Health Plans vs. Anthem Blue Cross Blue Shield of Colorado

by Wiley Long | Mar 20, 2024 | Colorado Health Insurance, Health Insurance

Rating the best health insurance in Colorado. Comparing Rocky Mountain Health Plans vs. Anthem Blue Cross Blue Shield or Colorado. The Best Health Insurance in Colorado Anthem BCBS and Rocky Mountain Health Plans RCHP are two of the leading health insurance options...

How to Get the Most Out of Your HSA Account

by Leslie Alford | Mar 11, 2024 | Colorado Health Insurance, Health Insurance

Lots of people have access to an HSA account, but don’t get the full value out of these amazing wealth accumulation vehicles. How to Get the Most Out of Your HSA Account Why? They make these four common Hsa account mistakes: They don’t contribute enough – effectively...

How Health Sharing Saves Money for Colorado Residents

by Misty Berryman | Mar 6, 2024 | Colorado Health Insurance, Health Insurance

Health sharing plans are increasing in popularity here in Colorado for people who are in relatively good health and want to save as much as 50% over the unsubsidized premium costs of traditional insurance. Sure, some people qualify for an Affordable Care Act subsidy...