Doxcost - The Ultimate Guide To Health Insurance

041 - You Have A Health Savings Account!  Now What? explains how to get the most from your HSA now and into the future, for both beginners and those who want to be better with money when it comes to savings and healthcare. Scott looks at HSAs in entirely different way from how newly-hired 20-something year olds choose their health plan to who can contribute to your HSA (they are many!) FREE MONEY...

040 What Is An Association Health Plan And What Can It Do For Me explains what kinds of associations can offer group health plans if Congress can pass along the same exemption from state insurance laws to associations that it already provides to employer, union and federal government groups through ERISA. Association Health Plans eliminate the problem of job-lock for people who wish o change jobs...

039 - Direct Primary Care - What Is It?  What Can It Do For Me? explains a (sort of) new way to receive care from your doctor. As many doctors move away from so-called networks and health systems to open independent private practice, they have structured their new practices to operate under a subscription model for their patients. Patients pay a monthly, quarterly or annual fee and in return have...

038 When It Comes To Health Insurance, Don’t Listen To Your Doctor explains why your health insurance remains valid even though your doctor states that they no longer “take insurance”. Your health insurance contract has absolutely nothing to do with your doctor or the hospital or the pharmacy.....even though they will explain to you that it is the insurance company at fault for all kinds of issues...

#037 How You Can Control Your Healthcare Costs explains how your premium costs are a direct reflection of the amounts paid to doctors, hospitals and pharma and what you can do to help yourself lower your costs by comparing. It’s Open Enrollment season.  Confused? You can only control what you can control.  If you need help, ring me up at scottwdowling@scottwdowling.com Help yourself by checking he...

#036 Power To The Patients - Why You Need To See Prices explains why Hip Hop artists Fat Joe, Rick  Ross, Busta Rhymes, Method Man, French Montana and Chuck D are spot on in the public service announcement demanding price transparency in health care. Watch the PSA here Support the show Book a One on One with Scott now!  Click the link below! Not sure which health plan fits you best? [Pick My Best...

#034 Is Your HSA Ready For Next Year explains the steps you need to take now to be prepared for January 1st so that your HSA has you 100% covered for the entire year. Support the show Book a One on One with Scott now!  Click the link below! Not sure which health plan fits you best? [Pick My Best Plan - Book 1:1] New to or want to better start saving tax-free? [Start My HSA The Smart Way - Book Now...

#035 - Why You Need To Tell Your CEO You Want Fountain Health explains why you need to speak up so that you and your family can be healthy and well with the proactive and preventative benefits from Fountain Health compared to what you only have now. Support the show Book a One on One with Scott now!  Click the link below! Not sure which health plan fits you best? [Pick My Best Plan - Book 1:1] New...

#033 - If you don't know about Fountain Health, you are missing out on the most revolutionary idea to hit health insurance since 1965 and the advent of Medicare.   Scott W. Dowling explains how Fountain Health is better than your traditional plan - saving lives while saving money.  Learn what makes Fountain Health different and how it helps your company, your employees and their loved ones. S...

#032 - So How's Your HSA Look In The Middle Of The Year helps you to determine if you are short of dollars needed to cover an accident or sickness right now and the rest of the year, how you can fix that now and whether or not you need a new strategy for 2023. Scott W. Dowling explains the calculation needed to figure out if you are short of HSA funds in the middle of the year.  You may need...

#031 - HSA - How To Start Your New Year illustrates what you need to do at the start of 2022 to be 100% covered and have peace of mind no matter what health insurance claims you may incur during the year. Support the show Book a One on One with Scott now!  Click the link below! Not sure which health plan fits you best? [Pick My Best Plan - Book 1:1] New to or want to better start saving tax-free?...

#030  - Why Your High Deductible Health Plan Is Not As High As You Think exposes the misperception that an HDHP is too expensive.  Scott W. Dowling provides a real world example - from close to home - that illustrates why there is no advantage to having a traditional low deductible plan and how it ultimately costs you more compared to a High Deductible Health Plan. Focus on Out Of Pocket Maximum -...

#029 - How To Structure Your Health Savings Account gives you a list of ten (10) easy steps to ensure that you are 100% covered by your High Deductible Health Plan and Health Savings Account from the Get-Go! Enroll in a qualified High Deductible Health Plan (aka HDHP) Open a Health Saving Account (aka HSA) - click here to see the HSA I use Identify your Enrollment and Effective Date for your plan...

#028 - What Is A High Deductible Health Plan And How Can It Help Me?  explains what kind of health insurance plan you can have so you can open and fund a Health Savings Account.  Scott explains the basics so that you can get 100% covered and spend the least amount of money possible. High Deductible Health Plan Requirements In order to open and fund a Health Savings Account, the Internal Revenue Se...

#027 - Your employer is really your health insurance company.  Two out of every three (67%) Americans who get their health insurance through their employer are in a self-funded insurance plan - which means your employer is paying the claims, not an insurance company. 2020 Kaiser Family  Foundation Survey - 2 out of 3 Employers Are Self-Funded Scott considers the unfortunate comments of someone who...

#026 - HMO PPO EPO WTF IDK NVM Part 2 looks at how HMO and PPO networks have run their course, what approach employers are now considering and what employees can expect in the near future. Healthcare Is Not Health Insurance The entanglement of healthcare and health insurance has led to rampant medical inflation for decades, much higher than the rate of inflation for the overall US economy.  The ge...

#025 - HMO PPO EPO WTF IDK NVM takes a look at the health plan terms you see all of the time, but know nothing about.  Scott W. Dowling tells you what you need to know and what you don't.  This is the first of two shows discussing so-called networks and how they affect the price of your health insurance. Health Maintenance Organizations are said to have started as prepaid medical care for log...

#024- Traditional PPO vs. High Deductible Health Plan With Health Savings Account answers the question posed by an anticipated Dad to be.  Is it better to switch from a high deductible health plan (HDHP) with Health Savings Account (HSA) to a traditional PPO plan due to a possible family addition?  Listen in to what Scott has to say! Most people do not understand how Health Savings Accounts work,...

#023 - Reprise: Why You Save By Getting Your Health Insurance Through Your Employer is an encore presentation of one of our most listened to episodes.    Learn the advantages and reasons why you win, your employer wins and the insurance company wins when your employer provides health insurance as an employee benefit. History Of Employer Sponsored Health Insurance In Dallas, one of the earliest kno...

#022 - Reprise of Health Insurance Open Enrollment Make It Simple, Episode 2. Get ready for Open Enrollment now so that you have the fundamentals down….get out ahead….don’t wait until October when stress will be highest and you might make a poor choice. For some employees, this show is quite timely because many employers have renewal dates on July 1st.  Ask your employer the date that your health...

#021 - Reprise: Don't Fear The High Deductible is an encore presentation of our most popular show.  Health Savings Accounts (HSAs) work with High Deductible Health Plans (HDHPs) save you the most money, period. In order to open a Health Savings Account, you must be enrolled in an eligible High Deductible Health Plan.  Most people see High Deductible and get scared away.  High Deductible Healt...

#020 - Your money is being taken from you and you don't even know it.  Your health insurance premiums are higher, in part, because you sign away your health insurance benefits to third parties who act in their best interest, not necessarily yours. Assignment of Benefits (AOBs) is essentially demanded by hospitals, doctors and pharmacies before they will serve you.  You probably don't eve...

#019 - I Hate Insurance and other comments about health insurance and healthcare are highlighted in a snapshot look at how people view their current situation within the health insurance and healthcare systems as exclaimed on Twitter. Follow @doxcost on Twitter Lots of angst and anguish can be found on Twitter.  We decided to take a look and see what is really bothering people about  health insura...

#018 - Learn how an HSA will earn you a quick and easy return by making an eligible deposit before you file your taxes. An HSA is  like getting free money! Don't Pay FICA or Federal Income Tax (some states still tax your HSA deposits) FICA = Social Security Withholding AND Medicare Withholding = 7.65% of your paycheck Federal  Income Tax Withholding = 10% to 37% Maximum HSA Deposit in 2021 In...

#017 - Healthcare.gov review is a cursory look at the current exchange portal.   The site provides access to insurance plan options for the 50 states and District of Columbia.  Links can be found for both the federal website and individual state exchanges. Go to Healthcare.gov here This Healthcare.gov review still keeps in mind that the goal is to get 100% covered and spend the least amount possib...