Consolidated Credit Recommends: HealthLawHelper

Consumer Reports launches new web tool to help you with health insurance

With the big news out of Congress is all the squabbling about the Affordable Care Act – aka Obamacare – one vital lesson is lost among the debate among Democrats and Republicans. Namely, how will this affect the average American?

That’s why Consolidated Credit is glad to support a new web tool from Consumer Reports, the consumer service organization that has empowered consumers for more than 75 years. Yesterday, the nonprofit announced the launch of HealthLawHelper.org, a website that lets you type in some specific information and then learn how you might be affected by the new law.

Says Consumer Reports…

With open enrollment beginning October 1, 2013 and a December 31st deadline for taxpayers to avoid penalties, the tool and companion report will help consumers act quickly to identify the best course of action for themselves and their families. The tool will also launch in Spanish at www.AseguraTuSalud.org and across a variety of platforms, including mobile and tablet, in October.

The website is much needed, since 57 percent of Americans are confused about how the new law will affect them, according to a Kaiser Family Foundation Poll. Yet the Congressional Budget Office says 20 million people are eligible for tax credits or other financial help through the law.

You can also check out Consolidated Credit’s nine-part section called Cutting Healthcare Costs. And remember that your personal health is directly related to your financial health. If your employer doesn’t offer medical insurance, then you have to investigate other options.

And keep in mind that given how the exchange is designed to work, even people who receive insurance through their employer may benefit from going through the exchange to find cost savings. It’s important to do your research carefully and take advantage of online tools like this one to make sure you’re getting the most affordable coverage possible.