Collision and comprehensive coverage for car are different from coverage on common car insurance. Yes, this coverage is often easily confused with other. When you buy collision coverage on your insurance car policy, your insurance company will bear the fee for repair or replacement value of your vehicle is payable, regardless of who caused an accident. (more…)

With the passage of the Medicare Reform Act in late 2003 and its provisions for Health Savings Accounts (HSAs), attention again turned to the effects of higher deductibles on healthcare spending. Individuals and employers are able to establish tax-sheltered spending accounts that allow unused balances to be rolled over from one year to the next if they have an eligible health insurance plan. Among other requirements, an eligible health insurance plan must include a deductible of at least $1,000 per individual. This amount is to be adjusted annually for inflation under the terms of the legislation. (more…)