deductible

The federal government has continuously increased subsidies to insurance companies to hide ObamaCare’s affordability failures and spare Americans on ObamaCare from its skyrocketing costs—while everyone’s premiums, copayments and deductibles have soared.

As deductibles increase and “premiums start edging up to five figures, a lot of people start to go, ‘Wouldn’t I be better off putting this money away for a rainy-day fund or investing it?’”

Even if you have high copays or deductibles, your out-of-pocket share with insurance is still likely to be cheaper than paying the entire cost yourself, even at a substantial discount.

The interest payments on a cash-out refinancing are deductible if the money is used for home improvements, which is also the case for interest on a home-equity line of credit.

Next year, the threshold for deductibles rises to $1,700 for individual plans and $3,400 for family coverage.