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What Is A Cafeteria Plan For Health Insurance
Financial Q&A

What Is A Cafeteria Plan For Health Insurance?

What does a health insurance cafeteria plan entail? In the US, one kind of employee health insurance benefit plan is called a cafeteria plan. Its name comes from the fact

What Is COBRA Health Insurance
Financial Q&A

What Is COBRA Health Insurance?

What is COBRA medical coverage? Congress approved the Consolidated Omnibus Budget Reconciliation Act (COBRA) in the middle of the 1980s, allowing some employees and their families to keep their health

The Benefits Of Health Savings Accounts
Financial Q&A

The Benefits Of Health Savings Accounts

An individual who is currently enrolled in a high deductible health insurance plan is eligible to open a health savings account (HSA), which is a tax-deferred medical savings account. You

Benefits Of High Deductible Health Insurance Plans
Financial Q&A

Benefits Of High Deductible Health Insurance Plans

Health insurance with a high deductible is exactly what it sounds like. It is a type of health insurance with a high deductible that is intended to offer catastrophic coverage