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What is Integrated medical and rx deductible?
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.
Are glasses tax deductible?
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.
What does after deductible mean?
"After deductible" means you will not get coverage or certain benefits until a deductible has been met. Insurance policies often have more than one deductible. For example, you may have a $1,000 per year deductible for certain medical expenses, and another deductible for prescription drugs. If your prescription drug deductible is $500 per year, you will have to pay out of pocket the first $500 of drug cots before your plan will kick. Many plans have complicated formulas for how deductibles are applied and how they are met so there is no one answer. But "after deductible" always means that the person with the insurance policy will have to pay something first, before getting reduced-cost, free, or co-pay services and drugs. Source: Women in Business (http://www.womeninbusiness.about.com)
What is the average deductible of a low cost life insurance?
For a low cost policy your deductible will be somewhere around $5,000-$7,000 with an additional prescription deductible of around $700-$1,000. There are many different policies from many different companies that fit families and individuals from all walks of life so finding one that suites you shouldn't be a hard task.
What is the correct spelling of deductible or deductible?
deductible
What does the Ontario Health Card cover in prescriptions?
Ontario Health Card covers eligible prescriptions to Seniors and to people that have applied to the Trillium Drug Program. Both of these groups will have a deductible that they must meet; for seniors it is either $100 per year, plus $6.11 per prescription, or $2 per prescription if their income is lower. For Trillium patients, annual deductible is geared to income, and once deductible is met, $2 copay per prescription. The Trillium Drug Program was introduced for individuals who have no private insurance through work and have expensive drug therapies. You must apply for this, it is not automatically assigned to you, since Health Card is mainly for doctor/hospital visits.
Is it deductible or deductible?
It is "deductible," except in Australia, where it's spelled "deductable."
Which type of deductible requires a new deductible for each separate claim?
Straight Deductible
Are prescription sunglasses tax deductible?
Yes, as part of your medical deductions on Schedule A of your return. Depending on your age, you will have to deduct 7.5% or 10% of your Adjusted Gross Income before medical expenses goes on your Schedule A.
Do you have to pay the deductible if you hit another car?
If your policy contains a Deductible clause then yes you will have to pay your deductible.
What is the average deductible for antiques insurance?
The average deductible varies depending on your company. However, on average, the deductible is about $1000.
Does a deductible apply for hitting a deer?
Yes! I did it and had to pay my deductible.
