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What happens to an HSA when you die?
When a person with a Health Savings Account (HSA) dies, the account becomes part of their estate. The funds in the HSA can be used to pay for qualified medical expenses of the deceased person's estate or designated beneficiaries.
What are medical expenses as they're incurred mean?
This phrase means that medical expenses will be paid as the bills come in. It is impossible to know how much debt a person will have with medical expenses so it usually demanded that a party pays them as they happen.
What bills are to be paid first from a will?
funeral expenses,, medical expenses and all other outstanding expenses which were not paid when the deceased person was still alive.
Definition of nominal real and personal accounts?
A nominal real account represents incomes, gains, expenses, and losses. A personal account represents a person's and organization's expenses.
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.
Is it an offence under section 498-A of IPC when a person demands additional dowry for his medical expenses?
No. It is not an offence. Dowry means to live a luxirious life. Medical expenses do not come within luxirious life.
Can medical bills be put on your credit report?
Yes. Defaulted medical bills can be reported and added to a person's CR. Privacy laws pertain to the medical records themselves, not the debt incurred from medical expenses.
What's the best way for a company to control its telecom expenses?
The best way for a company to control its telcom expenses is to have a budget on how much they spend on telcom. Hiring a person to keep an account of expenses will also be beneficial for the company.
Can I use my health insurance to cover medical expenses for someone else?
In most cases, you cannot use your health insurance to cover medical expenses for someone else. Health insurance policies typically only cover the person named on the policy. If someone else needs medical care, they would need to have their own health insurance or pay for the expenses out of pocket.
How do you write a hardship letter for medical expenses?
Hardship letter for medical - to get a reduced rate for medical visitsIf a person is struggling financially writing a hardship letter for medical expenses might be a viable solution. First gather up all important details such as account numbers, contact information, date of your procedure, specific details on your hardship. Next write down the date, address and number, double space than insert your name and address. Begin by stating the reason for the letter and enclose any supporting documentation.
Car accident and the person who hit victim did not have insurance but victim does?
then it turns into a legal matter where the person who didnt have insurance gets sued for losses and medical expenses
Is a surviving spouse in Oklahoma obligated to pay medical expenses incurred by the deceased spouse prior to death?
Only if the person entered into a written contract with the medical providers to do so.
