I guess it depends on what works for you! I only have one bank account (well, two if you could checkings and savings as separate accounts but they're both with Chase) and I just have everything come out of it (for me, simple = best). Does your health insurance company allow CC payments? Mine does not (only monthly or quarterly EFT) but you could rack up some points if they did.
Sorry to hear your company cut your health insurance; my company doesn't even have it for employees (there's only 3 employees plus the 2 owners so they don't have to have it) so I have [ridiculously expensive] private insurance myself.
Quicksilver $10,000 | Better Balance Rewards $2000 | Sallie Mae $3500 | Freedom $3500
Health insurance plan costs vary widely from state to state. I happen to live in a state that has three companies in the exchange. Population has nothing to do with it either. I firmly believe that there is some price fixing going on in my state's case. Thankfully I have employer based coverage and my company has absorbed the increase in premiums the last couple of years. I have a few friends that work free lance, one of them earns too much for subsidy and just decided it was better to pay the fine than go broke paying premiums. Ironically we have a number of places to receive care on a sliding scale and most hospitals extend charity care based on individual circumstance rather than the poverty level figures. She's healthy, so in her case I can understand the rationale. Back to the original question, most carriers are able to set up an ACH payment from their end, you can set up automatic or manual bill pay via your bank, and some likely accept credit cards too. You can always do an old fashioned paper check and snail mail.
Current Score: TU: 674 | EQ: 722 | EX: 717 | Last Inq. 2/16/15...Locked Up in The Garden
@kjel wrote:
Health insurance plan costs vary widely from state to state. I happen to live in a state that has three companies in the exchange. Population has nothing to do with it either. I firmly believe that there is some price fixing going on in my state's case. Thankfully I have employer based coverage and my company has absorbed the increase in premiums the last couple of years. I have a few friends that work free lance, one of them earns too much for subsidy and just decided it was better to pay the fine than go broke paying premiums. Ironically we have a number of places to receive care on a sliding scale and most hospitals extend charity care based on individual circumstance rather than the poverty level figures. She's healthy, so in her case I can understand the rationale. Back to the original question, most carriers are able to set up an ACH payment from their end, you can set up automatic or manual bill pay via your bank, and some likely accept credit cards too. You can always do an old fashioned paper check and snail mail.
I've considered this and I qualify for a subsidy which I will not get as I refuse to use the Marketplace ever again because I had a HORRIBLE experience and I got totally scewed over by them (long story). My boyfriend's parents have taken this option since they make too much for a subsidy but cannot afford it due to all the debt they have.
I wonder what insurance companies take CCs...mine only does EFT and even for the initial payment I had to pay via EFT (although the dental took a CC for the first payment).