Medical debt has dropped during pandemic. That trend soon could shift

Medical debt has dropped during pandemic.  That trend soon could shift

mixetto | E+ | Getty Images Medical debt has dropped during the pandemic, but that trajectory could reverse course in the coming months, new research suggests. The share of adults ages 18 through 64 who carry medical debt dropped to 16.8% in April 2021 from 23.6% in March 2019, according to a new study from … Read more

How to choose a health insurance plan that saves money

How to choose a health insurance plan that saves money

Most Americans struggle to figure out which health insurance plan will save them money. It is a process that can be confusing, time-consuming and costly. A study of almost 24,000 employees at a major Fortune 100 company found that 61% of them chose the wrong plan for their needs. The average employee could have saved … Read more

Planning to travel? Here’s why you need to insure your next trip

martin dm | E+ | Getty Images When Covid-19 hit early last year and most travel ground to halt worldwide, would-be vacationers scrambled to get refunds from hotels, airlines, cruise lines and other travel suppliers — or to file travel insurance claims for canceled trips. They often hit a wall on both fronts. Suppliers struggled, … Read more

Need for trip insurance amid pandemic is reshaping travel landscape

Saowakhon Brown | Time | Getty Images The ever-evolving Covid-19 pandemic is reshaping where Americans spend their travel dollars and how they protect that investment. That’s according to the latest findings from travel insurance firms and the industry experts that track them. Airfare comparison site Next Vacay said it analyzed Google searches about travel insurance … Read more

Everything You Need To Know

Select’s editorial team works independently to review financial products and write articles we think our readers will find useful. We earn a commission from affiliate partners on many offers, but not all offers on Select are from affiliate partners. While more and more people are traveling, the Covid-19 pandemic continues to rage and breaking news … Read more

How to insure your trip amid airline cancellations

NicolasMcComber | E+ | Getty Images Air travel continues to be disrupted this week by the national surge in Covid infections, and many worried Americans may be wondering whether or how to ensure — and insure — upcoming or planned trips. Some 2,221 flights nationwide were canceled Thursday alone, according to FlightAware website. That was … Read more

Ahead of summer storms, check homeowners policy for weather coverage

Win McNamee | Getty Images As spring warmth takes hold, homeowners may want to make sure they’re prepared for the severe weather that will likely soon follow. That preparation should include checking your insurance coverage. Whether you live in an area prone to hurricanes, tornados, flooding, hail, wildfires or severe storms — all of which … Read more

Going abroad? Your destination may require travel insurance

Chile requires visitors to furnish proof of insurance coverage for Covid-19 and related conditions. Pictured, capital city Santiago. Oleh_Slobodeniuk | E+ | Getty Images Are you planning a trip abroad? You may need to buy travel insurance to visit your destination country. Many countries had insurance requirements even before the pandemic. But about a dozen … Read more

The cost of car insurance is going up too—here’s why

This article is reprinted by permission from NerdWallet. The pandemic sparked a shift in the world of car insurance. Despite providing customers an estimated $16.4 billion in refunds, auto insurance profits increased as fewer Americans drove and the number of auto claims dropped. But the pandemic continues to shift the industry, and now an increase … Read more

I’m newly self-employed. Should I open a health savings account?

I'm newly self-employed.  Should I open a health savings account?

With healthcare costing so much, and more every year, you should know about tax-smart health savings accounts (HSAs), especially if you’ve recently become self-employed. Here’s the story. If you’re self-employed, opening up an HSA involves taking more responsibility for your own healthcare costs instead of relying on the government. The good news: HSAs offer some … Read more