For more than 20 years, Intuit Inc. through its product TurboTax has helped many Americans in understanding their taxes. This includes legislation and taxes 2013. The company is now bringing its skills to the health care sector.
The bestselling and top rated online tax preparation service from Intuit Inc. has introduced TurboTax Health to help Americans who have not been insured to understand how the Affordable Care Act appertains to their personal situation.
TurboTax Health is a new and free internet too that is available at www.TurboTaxHealth.com, it guides users through an interview like experience that, comparable to the quite popular TurboTax software. The website offers a holistic assessment of what the Affordable Care Act means to the finances and healthcare of an individual.
Deciding on which health care option to choose is a major task, and it can be hard for people to know whether the choice they made is the right one. In just three steps, TurboTax Health offers people with an individualized Affordable Care Guide that will help them understand the health care options that they have so that they can confidently and easily choose the best health care option for them.
By answering a few easy questions people will easily and quickly be able to:
1. Understand the how much the health insurance for their family will cost.
2. Know if they will qualify for a tax subsidy and the amount that is estimated that will enable them to get a discount on their health insurance purchase.
3. Estimate how much will their tax penalty will be if they decided not to get health insurance.
4. For people who want to buy health insurance, TurboTax Health will connect them seamlessly to eHealth (the top private health insurance website), their federal or state health insurance market place.
Sasan Goodarzi the general manager and senior vice president of the Consumer Tax Group of Intuit Inc. said that every year they help millions of hardworking Americans understand the latest legislation and tax laws. He added that consumers want a similar service in health care and through TurboTax Health they have been able to offer this service.
TurboTax Health also provides users with individualized answers to personal healthcare questions, through a first of a kind social community that brings together the experience of peers and expertise of tax professionals. The AnswerXchange community together with the step by step guidance enables people to confidently choose their health care options.