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In scenarios will you be entitled to pay the least amount of money out-of-pocket for a medical expense?
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Is the medicare part b premiums a tax or medical expense?
It's a medical expense.
Are you entitled to a medical card if you work?
not usally
Is acupuncture fees a deductible medical expense?
Yes, to the degree your medical expenses are deductible
What help do you have if a surgery error caused medical issues later?
Lawsuit for medical malpractice - at your expense.
Are detainees entitled to both medical and dental care?
Civilian Population
Are health insurance premiums a business expense?
If you are paying them for your employees as part of their compensation package, yes, it is a business expense. If it is for yourself, no, it is not a business expense, but it is usually tax deductable under medical costs.
What is the journal entry for medical expense?
Debit prepaid expensesCredit cash / bank
What is the definition of covered medical expense?
A covered medical expense is an event/procedure that your insurance company will pay for, in full or in part (perhaps with a co-pay or deductible). Uncovered expenses are things you're expected to pay out of pocket.
Can medical bills from an accident be claimed on taxes if there was a settlement?
Not if the settlement is medical expenses is more than the actual medical expense were. If the expense have already been deducted on your income tax return and you receive a settlement after that then you will have some recovery income that will have to be reported as income on your income tax return.
How does medical expense insurance differ from disability income insurance?
Medical expense insurance: Covers some or all of the out of pocket expenses paid by the insured for covered medical expenses. Disability insurance: Makes up for some or all of the income lost during the disability of the insured.
Pows are entitled to food clothing and shelter but not medical care?
B. False
Can you claim your child's medical expense if it is his fathers year to claim him?
No, medical expenses for a dependent can only be claimed by the person who is claiming him or her as a dependent.
