Those who work in certain industries know this is the time of the year when health insurance options open for the coming year. With the many changes in the healthcare law and possible changes coming with a new administration, knowing the options for personal and family healthcare is critical.
Business and personal finance consultant in Chicago Jeff Badu is a certified public accountant and familiar with the many different laws and governance for the healthcare options available. Each year, health care insurance recipients should be asking three essential questions for their options.
“The most important question is whether or not the payer is happy with the options they have available to them. If they are, then no changes are needed. Plans, however, do change as well as certain coverages. It is a good idea to review all options carefully before making a final selection,” said Badu, a personal finance advisor in Chicago, IL.
The other two questions to ask are the possibility of a flex spending account, FSA, and whether this would be a solid choice. A recent addition in the healthcare industry, the FSA allows the insured to use tax-free money to cover certain expenses.
Lastly, the other options outside of standard health care include vision, dental and the like. These are often optional, but good planning can really make a difference. Badu can help make the best decisions for the individual with a simple meet and plan.
As one of the best tax advisors in Chicago, Illinois, Badu and Badu Tax Services work with clients to determine tax liability, make tax payments and assist in the case of an IRS audit.
More information is on the website. Go to www.badutaxservices.com for details.
Company Name: Badu Tax Services LLC
Contact Person: Jeff Badu
Email: Send Email
Address:4258 N Greenview Ave Ste 1E
State: Illinois 60613
Country: United States