At two congressional hearings, lawmakers slammed executives of major companies, saying they were failing to rein in the cost of medical care for consumers.

Are medical premiums tax deductible? You may be able to deduct your health insurance premiums if you are self-employed and buy your own health insurance.

David Garza is one of the many Americans who is struggling with this new reality. His new job includes an insurance plan with an annual deductible of $4,000, and as someone with Type 2 diabetes, the higher costs of treatment are forcing him to gamble with his health.

The average 65-year-old retiring today needs about $172,500 to cover their own healthcare expenses, according to Fidelity.

If you had substantial health care expenditures last year, you may be able to deduct some of them from your taxable income. But many taxpayers miss out on this valuable tax break because they don't know which expenses are eligible or how to claim them.

When it comes to health insurance, it's essential to know what each plan covers. Thatch delves into the nuances of Health Reimbursement Arrangements, or HRAs, Qualified Small Employer Health Reimbursement Arrangements, or QSEHRAs, and Individual Coverage ...