The Latest Debt & Finance Blog
A pink slip can be a traumatic experience but losing your employer-provided health insurance is nothing short of devastating. Since the coronavirus pandemic erupted in early 2020, tens of millions…
If you are paying on a federal student loan, you probably already know that the government CARES Act has provided benefits that suspends payment and interest requirements through December 31.…
Americans with student loan debt have a $1.6 trillion question on their minds: What would President Trump or a President Biden do about all that money these 45 million borrowers…
Americans were already struggling with medical debt before the COVID-19 pandemic, and, largely because of record-setting unemployment in the last six months, the issue is expected to get worse. About…
The gap between the presidential candidates on tax programs is Grand Canyon-esque. And that may understate it. President Donald Trump wants to continue the 2017 tax cut, which his campaign…
There hasn’t been much good economic news in 2020, but if you’re buried in student loans, there was an astoundingly positive development recently. Thanks to a recent court ruling, you…
The COVID-19 pandemic has created record unemployment, erased profit margins, closed businesses and wreaked havoc on almost every family’s money outlook. It has even affected America’s ultimate get-out-of-jail financial symbol…
Veterans indebted to the Department of Veterans Affairs won a partial payment reprieve this summer that will last at least through the end of 2020. The VA action extends a…
Many American businesses are disregarding President Trump’s order allowing them to temporarily stop withholding Social Security taxes from their employees’ paychecks. The plan, they say, is confusing and won’t produce…
Household debt in the U.S. was a record $14.20 trillion for the first quarter of 2020, which seems like a lot of debt and it is. If you stacked that…
Sources:
- Horsh, AJ (2020, October 9) Lost Your Job and Health Insurance? Here Is What You Need to Know. Retrieved from https://www.cnbc.com/2020/10/09/lost-your-job-and-health-insurance-here-is-what-you-need-to-know-.html
- Abelson, R. (2020, October 9) Workers With Health Insurance Face Rising Out-of-Pocket Costs. Retrieved from https://www.nytimes.com/2020/10/08/health/health-insurance-premiums-deductibles.html?searchResultPosition=1
- N.A. (ND) Medicaid & Chip Coverage. Retrieved from https://www.healthcare.gov/medicaid-chip/getting-medicaid-chip/
- McKelvy, M. (2014, October 4) Can a Health Insurance Company Drop Me Without Notice? Retrieved from https://www.insurancelibrary.com/health-insurance/can-a-health-insurance-company-drop-you-without-notice
- Miller, M. (2018, August 6) How to Cancel Your Health Insurance Plan – The Steps to Take. Retrieved from https://www.firstquotehealth.com/health-insurance-news/cancel-health-insurance-plans
- Davis, E. (2020, March 9) Lost Your Health Insurance? Not Open Enrollment? What Now? Retrieved from https://www.verywellhealth.com/lost-your-health-insurance-not-open-enrollment-what-now-1738557