Overview:
Many don't realize it, but one's health is one's greatest wealth. Health-related decisions can have a major impact on personal happiness and financial success. Acquire a better understanding of medical insurance options, including government exchanges, workplace plans, and health savings accounts. Managing the risk of a financially catastrophic illness requires thoughtful analysis of personal, tax, and financial factors.
Objectives:
• Determine medical insurance terminology and options • Recognize the tax benefits of and differences between plans • Identify the correct path through the myriad choices when exploring health insurance options
Major Topics:
• The interrelationship of health, happiness and financial well-being • Tax planning for health care costs • The failures and successes of the Affordable Care Act• Medical insurance terminology, alternatives and strategies for selecting the best option • The pros and cons of health savings accounts
Major Topics:
• The interrelationship of health, happiness and financial well-being • Tax planning for health care costs • The failures and successes of the Affordable Care Act• Medical insurance terminology, alternatives and strategies for selecting the best option • The pros and cons of health savings accounts
Designed For:
CPAs, financial advisors and personal financial planners.
Prerequisites:
None