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GST exemption on insurance premium: Will you get a refund if you paid a multi-year premium on your policy?
Paid the lump sum premium for your 3-year health insurance or single premium life insurance policy upfront, only to learn that GST on premiums has been slashed from 18% to 0% starting September 22?
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a ...
Insurance subsidies that have helped millions of Americans pay for health coverage are set to expire on Wednesday.
Learn how vanishing premiums in life insurance use policy dividends to pay premiums, and explore key considerations to avoid common financial pitfalls.
Dear Toni: My Medicare starts Nov. 1, and I received my first bill, due Oct. 25, about a week ago. This bill is for three months, from Nov. 1 to Jan. 31, and it’s over $550. I currently have more than ...
NPR’s series Cost of Living: The Price We Pay is examining what’s driving price increases and how people are coping after years of stubborn inflation. How are higher prices changing the way you live?
Major changes to different parts of Affordable Care Act premiums are likely to send insurance costs for Americans soaring next year, according to an analysis by KFF. The ACA, established in 2010 under ...
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GST on Health Insurance Ends September 22: Will You Get a Refund on Premiums Already Paid?
From September 22, 2025, health and life insurance premiums will no longer attract the 18% Goods and Services Tax (GST). This policy change will significantly reduce the cost of new policies and ...
Americans' health insurance premiums are on track to surge next year, due to the imminent expiration of enhanced Affordable Care Act (ACA) tax credits introduced in response to the COVID-19 pandemic.
Florida graduate student Alexis Brake is doing something pretty unusual. Not only is she pursuing a combined M.D./Ph.D. in neuroscience at the University of Miami, Brake has decided to steer clear of ...
Editor’s note: This story has been updated to reflect the number of Coloradans the insurance changes will affect as well as clarify from where the increase in costs will come. DENVER (KDVR) — On ...
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