What are health insurance premiums?

Answer Health insurance premiums are the consideration paid in exchange for a contract with a health insurance provider that agrees to pay eligible health costs on your behalf. According to Read More »

Top Q&A For: What are health insurance premiums

Does your health insurance premiums keep going up?

Wow that's high, but not unheard of. My insurance is through work and each year the price is guaranteed for the year, but it seems to go up every year when the plan renews.

Can I use my HSA to pay for health insurance premiums?

Typically, you cannot use money from your health savings account (HSA) to pay for health insurance premiums. However, exceptions are made for premiums you pay for while receiving unemployment benef... Read More »

Are Health Insurance Premiums Deductible From My HSA?

Persons with HSAs or health savings accounts can only use money in the account to pay for insurance premiums in certain situations. Those who recently lost a job and are paying for continuing insur... Read More »

How to Write Off Health Insurance Premiums?

Unreimbursed health insurance premiums are included as a qualifying medical expense, according to the Internal Revenue Service. Qualifying medical expenses can be written off if you choose to itemi... Read More »