Nearly a month after the close of another tax season, financial analysts and healthcare officials have been crunching the numbers to see how the Affordable Care Act impacted tax season 2015. This was the first year that the ACA affected annual returns. For taxpayers who didn’t sign up for health insurance in 2014, the IRS… Continue Reading ›

Last year, medical debt accounted for the highest percentage of personal bankruptcies in the United States according to a Harvard study. Researchers found that 62 percent of personal bankruptcies resulted from excessive medical expenses, and it wasn’t always the uninsured who suffered the burden of unpaid medical bills. Even people with insurance face financial difficulties… Continue Reading ›