An integrated Rx deductible means it is an employee health care plan with a higher deductible and lower premiums. This is typically preferred; however, since many people are on medications, this may be a bad choice for them.
Yes, to the degree your medical expenses are deductible
Rx is the medical abbreviation meaning prescription.
Medical expenses are deductible up to the amount that they exceed 7.5% of your AGI. If you had an adjusted gross income of $100,000 and your unreimbursed medical expenses were $13,000 than your medical expenses deductible would be $5,500 (13,000 - (100,000 * 7.5%)).
If you are referring to a MEDICAL/HOSPITALIZATION insurance co-pay, yes, that is deductible as a medical expense. And on property/casualty insurance, it may be deductible as a casualty loss.
The average deductible for medical travel insurance in Europe depends on specific aspects of the traveler and the trip. Age of the traveler, length of the trip, and medical limits all factor into the deductible of the insurance.
National Integrated Medical Association was created in 1947.
Medical expenses are deductible to the extent that they exceed 7.5% of your adjusted gross income. The cost of prescription eyeglasses is a qualified medical expense.
RX Prescription RX Radix (Latin: Root; derivation of prescription) RX Receive/Receiver/Reception RX Radiation Experiments RX Re-Xray RX Reaction (medical) RX Reactor RX Recipe - Take RX Reparable Exchange RX Reserve RX Resources Exchange RX Rexall RX Treatment RX US Revenue Distilled Spirits (Scott Catalogue prefix; philately) rx Rotary Experimental (Mazda model/engine)
Yes, it is. Long term care insurance premiums are tax deductible. Premium payments are considered to be medical expenses and they are deductible as long as the medical expenses exceed 7.5% of the individual's income.
Insurance for one's personal property such as auto or homeowner's insurance is tax deductible. Other tax deductible insurances are medical and dental insurances.
McKesson Medical Surgical
funeral expenses are not deductible on an individuals tax return as they are not medical expenses. However, if and individual has an estate, then the costs are deductible on their estate tax return (form 1041).