Check Your Connecticut Health Insurance Today!
Connecticut Health Insurance
Sometimes when we are choosing the right Connecticut health insurer we don’t pay attention to all the details. There are several important points that agents or your employer won’t bring up that you ought to check before you choose a Connecticut health insurance policy! We’ve covered a few of the top points below:
1. Does Your Health Insurance Plan Cover You for All Events?
This is very important and something most of us don’t know! There are a number of Connecticut health insurance plans that have several exclusions that eliminate your benefits under cerain circumstances. One of the biggest is for anything that “could have” been covered under Workers Compensation or similar laws. The potential impact on you in the event of certain health issues could be substantial!
However, there are a number of insurance plans that will cover you on and off the job every day – all day!
2. Are You Taking All Possible Deductions?
If you own your own business, are you taking advantage of owning your own business? Independent contractors (1099′s), home based business owners, professionals and other self employed people frequently miss some of the tax laws and deductions available to them.
Did you know that insurance payments might be deductible? If you’re paying 100% of your own costs, you might be eligible to deduct monthly health insurance payments even in Connecticut! That can reduce your net out of pocket costs substantially. Make sure to check with our tax professional to see if you are eligible and you can look at the IRS website for more information.
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