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Is it worth filing a claim if the total bill is only 300 above your deductible?
Wiki User
∙ 18y ago
It is not worth it. Once you file a claim, your insurance premiums will increase for a couple of years. You should talk to your agent to see how long premiums will increase for and how much your increase will be. I would not file an insurance claim to get back $300. If it was over $1000, it might be worth it.
Wiki User
∙ 18y ago
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What does it mean when the insurance company makes full payment minus patient deductible?
Patient deductible means the expenses incurred by the patient party are inadmissble as per policy and hence deducted from the total claim amount at the time of settlement of claim. These may include room rent over and above the admissible rent, service tax, aya charges,refreshment to patients' attendants etc.
What is gross claim and net claim?
I would guess that your gross claim is the total amount of damages done and your net claim is the damages less your deductible. The gross claim may also include the cost of adjusting the claim, like sending someone out to appraise your damages. The extra costs aren't held against you, only the total damages.
Do you have enough deductible expenses to make itemizing worthwhile?
When filing your taxes, you can take the standard deduction or check to see if you have enough deductible expenses to make itemizing worthwhile. In many cases, itemizing is the best option. To see if you have enough expenses, total them and compare them to the standard deduction.
Can you claim your spouse as a dependent on your tax return?
No. If you're Married Filing Jointly, then you're allowed one personal exemption for you and one exemption for your husband. You can't claim your spouse as a dependent. Even if you're working and your spouse isn't, you can't claim your spouse as a dependent because you're allowed to claim two personal exemptions total for the two of you as a married couple filing jointly.
What is the timely filing limit of healthnet?
It varies from country to country. In India, you are submit claim papers within 7 days from the date of discharge and after 60 days for post hospitalization expenses to be the final part of the total claim.
Is it better to put in an insurance claim or pay for repairs out of pocket?
This would depend on the circumstances. Obviously you have insurance that you pay for and therefore should expect to have claims paid. That said, sometimes the net impact is such that you might be better off paying for it yourself. Let's say you had a $500 deductible on your auto policy and you had a $400 mirror replacement claim. If you filed a claim you would receive nothing because he amount is under your deductible. Easy call, just pay for it and leave the insurance company out. But what if the claim is $550? Then you should be aware of what the claim may do to good drive or other discounts. Is the net $50 you will be paid after the deductible worth losing a 5% or 10% discount on your total bill? Maybe not. At a minimum you should understand the consequences when you file a claim.
How is deductible met?
When the insured/beneficiary (patient) pays the total deductible amount out of his own pocket. A deductible is the amount for which the patient is financially responsible before an insurance policy provides payment.
Auto insurer refuses to pay full amount of at fault accident?
There could be a couple of reasons why the Auto Insurer is refusing to pay full amount of at fault accident: a) There would be a deductible condition in the policy - which would mean that you will have to bear or pay the deductible amount out of your pocket. b) If this is the claim amount for the vehicle - it would be a part applied to depreciations of the vehicle. c) If the claim is above the total coverage (limit of Liability) the insurer might have paid his share up to this limit and so you would be responsible for the amount which is above this. Remember that the insurer would not refuse to pay you once he has admitted liability unless it is not payable as per the policy condition. Please go through the policy conditions and asked the insurer for his reasons of non-payment.
Does any hospital take any insurance?
No. If the hospital has a contract with the insurance company, they will take care of filing the claim. If not, they will bill you and you will have to get reimbursement from the insurance company. Also, if it is a contracting provider, they have agreed to a total amount to be charged for various procedures and if the bill exceeds that amount they will write off the remainder. If they are not contracting, the insurance will still pay only the amount they think is a fair charge, less your deductible or copay, and if the hospital bill is more, you are responsible for paying the rest.
Can a person secure a mortgage after filing for bankruptcy?
"It is exceedingly difficult to do so. In most cases, bankruptcy inhibits that for the duration that the filing stays on record. If you do get a loan, it is usually at 8-12% rates, or 3-5% above the average. Total cost might be 200% of non bankruptcy loan."
Are you responsible for the deductible on the insurance of the car you hit if you do not have insurance?
If you were legally at fault, you are responsible to pay all damages to other vehicle. Even if you pay the other persons deductible, that insurance co. will come after you for total amount. The person that you gave the money to for their deductible will then have to give some of that back to insurance co., if they find out that deductible was given to him (her) by you.
Is a deductible due when the auto is considered a total loss?
Yes, if your own insurance is paying for an accident that you were at fault for provided you had full coverage and they are paying for your car. If the accident was not your fault, no you will not pay a deductible.
