Episode 88: The Savings Loopholes Inside the unAffordable Care Act with Michael Dinich

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My Guest on the Show…

 

Michael Dinich from YourMoneyGeek.com is coming on the show to talk about one of the most hated topics when it comes to your money: INSURANCE

Michael is an expert in the health insurance world and I asked him to come on the show to explain how insurance works in and to please explain it in terms we can all understand.

By the way, did you know the #1 cause of bankruptcy today is directly related to medical debt? And if you think about it, what has become one of the largest expenses inside the monthly budget each month?

If you said health insurance, you’d be exactly right.

During this interview, Michael and I discuss how you can save on the Affordable Care Act.

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Mentioned in this Episode


 

YourMoneyGeek.com

Hacking The Affordable Care Act

Whatever Happened to Penny Candy by Richard Maybury

Awesome Money Course

 

Show Notes


Why the Affordable Care Act Should be Call the unAffordable Care Act [1:27]

The ACA was well-intentioned [7:16]

The relationship between premium and deductibles [14:52]

How does a Health Savings Account work [19:03]

2 Comments

  • I’m a huge Richard Maybury fan and I’ve read many of his other Uncle Eric book series! And, I’m even a member of his EWR newsletter, so maybe I’m a bit biased. I wish they were required reading for all high school and college students.

    Great episode overall, we belong to a Health Sharing plan too because the costs are significantly cheaper and it’s one of the few ways we can “afford” self-employment.

    Reply

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