Advertising
Advertising

Have You Chosen the Right Healthcare Plan for Your Family?

Have You Chosen the Right Healthcare Plan for Your Family?

Unless you have health care coverage and benefits under your employer, the task now falls to you to select the right healthcare plan for you and your family. Since the passing of the Affordable Care Act (ACA), also known simply as “Obamacare,” it is now mandatory for each person to select a healthcare plan or risk paying a penalty annually at tax time.

So learning the ins and outs of the still-complicated healthcare system is now an urgent necessity. In this post, learn more about how the Affordable Care Act provides you with options so you can choose the right plan for your family.

Advertising

An Overview of Obamacare Health Insurance Plans

The federal government’s healthcare website, Health Insurance Marketplace, offers you an overview of how Obamacare insurance plans are structured to work.

For example, there are 5 categories of health insurance plans you can choose from, listed here in order from least amount of coverage (and lowest premium) to highest:

Advertising

  1. Catastrophic
  2. Bronze
  3. Silver
  4. Gold
  5. Platinum

There are also different types of plan structures, including these:

  • HMOs (health maintenance organizations). You must use providers that participate in the plan and may need to live in certain geographic areas.
  • PPOs (preferred provider organizations). You can use any provider but will pay less if you use providers that participate in the plan. You don’t need a referral to see a specialist.
  • POS (point of service plans). After getting a required referral from your primary care doctor, you will pay less by using the providers in the plan.
  • EPOs (exclusive provider organizations). You will be covered if you use the providers in the plan’s network.
  • HSAs (health savings plans). You can save up a certain amount annually on a tax-free basis to use for approved health care expenses. Usually, HSAs are a benefit included as part of a health plan.

How to Save Money on a Family Health Care Plan

The Affordable Care Act maintains that financial assistance in the form of a subsidy is available for individuals and families whose income falls below a certain threshold. But in order to get the subsidy applied to your monthly health care premium, you must purchase your healthcare plan through the Health Insurance Marketplace.

Advertising

The website will walk you through how to calculate how much of a subsidy you may qualify for by inputting certain personal and financial information. You can then choose whether to apply all of your subsidy, part of it or none of it. You can also reserve part of it to purchase optional dental or vision coverage.

Another way to save money on a family health care plan through the Marketplace is to choose a lower level of coverage. Platinum, as the highest level of coverage, will come with the highest premiums. Bronze, as the lowest level of coverage, will come with the lowest premiums (save for Catastrophic, which is a category only certain individuals are eligible to choose).

Advertising

If you choose to work with an insurer, you can get free insurance quotes to decide on the most affordable premium for the level of coverage you need.

How to Decide How Much Coverage Your Family Needs

The best way to determine how much coverage you may need is to take the health history of each family member. You can then start with any ongoing issues that require medical treatment and review each plan to ensure the level of coverage is adequate to address those issues.

It is also important to remember that, under Obamacare, preventative health care services for women have expanded and pre-existing conditions can no longer be disqualified by insurers. Also, in some plans, dental and vision care is automatically provided for minors. In this way, these new plans strive to give you the most coverage economically.

Featured photo credit: pexels.com via pexels.com

More by this author

Kevin Faber

CEO Silver Summit

Necessary Steps When Teaching Your Teenager to Drive How to Choose a Dentist for Your Family’s Individual Needs Getting Out of Debt Getting Out of Debt in 4 Simple Steps 7 Things to Plan For Your Long Distance Road Trip Coming Back From the Debt Trench? 5 Ways to Do So

Trending in Health

1 How to Control Your Thoughts and Be the Master of Your Mind 2 Simple Hacks on How to Relieve Neck Pain Fast (and Naturally) 3 10 Best Therapy Apps to Better Your Mental Health Anywhere 4 7 Morning Rituals to Empower Your Day And Change Your Life 5 15 Quick Tips for Maintaining a Healthy Lifestyle

Read Next

Advertising
Advertising
Advertising

Last Updated on July 8, 2020

18 Benefits of Journaling That Will Change Your Life

18 Benefits of Journaling That Will Change Your Life

The act of writing in a journal often seems daunting or unnecessary to many people. Even authors who work on novels might shun the idea of daily diaries. What purpose does jotting down words on a regular basis do if not contributing to the next novel, play or song? I know from experience many benefits of journaling that I wish to share.

1. Understand Yourself Better

Though many people and even writers avoid keeping journals, I vow to do it more often. Not only do I desire to take up daily journaling but also I plan to do it with pen to paper.

Some of the benefits I’ve found from my more active days include finding myself in the sense of understanding what matters to me and what I want out of life. I’ve been incredibly fortunate to find a spouse who is my best friend and advocate in raising children. I attribute this and much more to what I learned about myself in keeping journals for years.

2. Keep Track of Small Changes

I’ll admit that I never got very far with my guitar lessons, but in writing in a journal, I have seen the ability to track small changes like those that come when you practice anything.

Those learning a musical instrument often fail to see the small improvements that come with regular practice. Writing won’t help you switch chords any faster, but it will help you to develop a better sense for language and grammar just by doing it.

3. Become Aware of What Matters

As you continue to write in a journal, following a stream-of-consciousness feel, you can look back on the topics that you chose to write about. Those issues and emotions that poured out of you will provide insight on to what matters most to you.

You may not even realize that you’re job is depressing you or that you want to spend more time with your kids until you look over your thoughts that you weren’t really thinking about.

Advertising

4. Boost Creativity

The idea that the brain and its neural activity across hemispheres encourages learning also shows up in increased creativity. Just like with learning an instrument, your increased activity will inspire your thoughts to connect and reconnect in different ways.

When I wrote in a journal, I often wrote poetry as well as just my thoughts as they came out. I started to hear poems more in my mind; so much so that I took to scrawling lines on napkins and finding metaphors in mundane activities.

You really are what you do, so writing helps grow more than being a writer. Writing boosts the way you communicate and structure language, which really is a creative process.

5. Represents Your Emotions in a Safe Environment

A journal is as private as it gets. You can lock it in a safe or tuck it under a pillow and no one will accidentally share it on social media or have an opportunity to “leave a comment.”

Write about your sorrow as much as your happiness and frustration and know that you don’t have to keep your emotions inside your body. You can put them on paper.

6. Process Life Experiences

When you take the time to look back over what you’ve written, be it a week or a year later, you will have the distance you need to more objectively interpret your raw feelings.

Everything from losing a job to losing a loved one can emerge in a new light for a fresh perspective. Figuring out how the benefits of journaling affect your perspective on life will create connection and increase creativity.

Advertising

7. Stress Relief

In combining the exercise inherent in fine motor coordination that comes from the act of writing with the emotional release of self expression, those who maintain a journal relieve stress.

Try it out. Go home and write about your day. Write about the traffic. Write about the coffee order the barista got wrong but you didn’t have time to change. See how you can physically purge some of that pent-up stress by putting it on paper.

8. Provide Direction

Though journaling is often conducted as an activity without much direction, it often provides direction.

One of the biggest benefits of journaling is that your chaotic thoughts merge to show a direction in which to head. Asking the right questions is the only way to achieve the best solutions, so look to your journal to find your way toward your next goal.

9. Solve Problems

Just as in practicing math problems, we all get better at finding hidden solutions through the act of processing.

Think of your next goal as X and solve your life problems by reading your journals as word problems. The benefit of journaling here is that you write, explore and process to recognize and then solve problems.

When life is too in-your-face, you have to step back to see reality. Living in the moment allows us to write in the moment and use that expression to solve problems.

Advertising

10. Find Relief From Fighting

Solving your problems only comes after time to process, recognize and strategize. Just as in the benefit of journaling where relief comes from the act of writing, relief from fighting comes when you decide to “sit this one out” and communicate one-way.

Fighting is only productive when the fighters care to communicate and find common ground. When the emotions are as high as the stress levels, writing will function as the best time out.

11. Find Meaning in Life

Journaling will show you why you are living, whether you are wallowing in things you wish to change or striving to make the changes. Your life will begin to take on new meaning and your own words will reveal the actions that got you where you are so that you can assess and pave a new path for your future.

12. Allow Yourself to Focus

Taking even a small amount of time out of every day will provide you with not only peace of mind but also increased focus. Taking a break to meditate in writing and journaling will sharpen your mental faculties.

13. Sharpen Your Spirituality

When we write, we allow all the energy and experiences to flow through us, which often provides further insight into our own spirituality. Even if your parents didn’t raise you to follow a specific religion, your thoughts will start to show you what you believe about the universe and your place in it.

14. Let the Past Go

I’ve mentioned a few examples where going back over your writing offers advice and direction, but the simply truth is that writing down our feelings can be the best way to let them go. We can choose to literally throw these pages away when they’re filled with negativity and hate.

15. Allow Freedom

Journaling is the perfect way to not only express yourself but to also experience the freedom of being who you are. Your books can stay private or you can publish them. Your freedom stems from your sense of self and your perception of your thoughts.

Advertising

16. Enhance Your Career

Again, the private act of pen-to-paper processing provides the benefits of journaling mentioned above, but you can also enhance your career when you take similar ideas and categorize, edit and publish them in an online blog.

Your thoughts will often be personal and express emotions, but another benefit of journaling is uncovering fresh ideas about your work.

17. Literally Explore Your Dreams

All the benefits I’ve mentioned explore ideas, thoughts and emotions, which is also what our dreams and nightmares do. Through writing down your dreams from the previous night, you can enhance your creativity as well as connect some of the metaphorical dots from the rest of your journal.

18. Catalog Your Life for Others

No one wants to think about dying, but we all die. Leaving a journal will act as a way to reconnect with family and friends left behind. The ideas you wish to keep personal while you process the life you’re living will serve to rekindle and inspire those who loved you through the process.

We consider our partners our life witnesses, but writing provides a tangible mark on the world.

Now that you’ve learned all the benefits of journaling, it’s time to start writing a journal:

Featured photo credit: Kelly Sikkema via unsplash.com

Read Next