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Karla Flores

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7 Surprising Medical Expenses You Can Deduct on Your Tax Return

April 1, 2024 By Insurance Experts

Medical costs can add up, depending on the treatments you get and how often you need medical care. Even if you have insurance, you’ll probably have expenses you need to pay for out of pocket. 

The IRS allows certain taxpayers to save money on their tax return by deducting qualified medical and dental expenses, such as: 

  • Prescription contact lenses 
  • Prescription eyeglasses 
  • Prescription medications 
  • Root canals 
  • Teeth cleanings 
  • Visits to healthcare providers and dentists 

It’s important to consult with a tax professional to get a better idea of what medical expenses you can deduct. It’s easy to overlook less common expenses that may also be tax deductible. 

How do I claim medical expenses on my taxes?

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Filed Under: Health Insurance, Medical Costs

Health insurance and your taxes

March 13, 2024 By Insurance Experts

If you had Marketplace coverage at any point in 2023 and got the premium tax credit, here’s what you need to know about filing your federal taxes.

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Filed Under: Health Insurance

How should we compare health insurance for families?

February 21, 2024 By Insurance Experts

Health insurance is an essential part of one’s investments that can take care of any medical treatment. For those who do not know about health insurance, you purchase a policy from an insurance company for a yearly premium. In return, the insurance company will cover all your health-related costs. 

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Filed Under: Health Insurance

COVID vs. RSV vs. Flu: What Your Symptoms Can and Can’t Tell You During the Tripledemic

February 14, 2024 By Insurance Experts

During the winter, people often come down with a stuffy nose and sore throat. Viruses cause hundreds of millions of upper respiratory tract infections — also known as “colds” — every year. These viruses are most active during the months that make up the cold and flu season.

With this year’s tripledemic, a cold could mean that you get COVID-19, the flu, and respiratory syncytial virus (RSV). These viruses can make you sicker than a regular cold virus. So what’s the difference between COVID, the flu, and RSV? And how can you tell which you’ve got? 

Let’s take a look at how your symptoms can give you an important clue.

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Filed Under: Health Insurance

More patients are losing their doctors – and their trust in the primary care system

February 7, 2024 By Insurance Experts

First, her favorite doctor in Providence, R.I. retired. Then her other doctor, at a health center a few miles away, left the practice. Now, Piedad Fred has developed a new chronic condition: distrust in the American medical system.

“I don’t know,” she said, eyes filling up. “To go to a doctor that doesn’t know who you are? That doesn’t know what allergies you have, the medicines that make you feel bad? It’s difficult…I know that I feel cheated, sad, and like I have my hands tied.”

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Filed Under: Health Insurance

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