answersLogoWhite

0

As long as you meet the guidelines to be able to deduct medical expenses, payments for private insurance are deductable.

User Avatar

Wiki User

16y ago

What else can I help you with?

Related Questions

Will you receive disability benefits if you have a disability plan?

The disability has to be 'approved' by a panel of people, one or several of which could be medical doctors. Just because you or your employer have a 'plan' that includes disability payments doesn't mean that payments are automatically given for an injury. There is most likely a time limit imposed for such payments.


What is a supplement plan?

Medicare is medical insurance that the government provides at age 65- but it does NOT cover all medical expenses. A Medicare Supplement plan is additional insurance that you buy from a private company that will cover the medical expenses that Medicare does not cover.


How can I consolidate my medical bills?

To consolidate your medical bills, you can consider options such as taking out a medical loan, using a medical credit card, or negotiating a payment plan with your healthcare provider. Consolidating your bills can help you manage your payments more effectively and potentially reduce your overall debt burden.


Do you need to keep your Medicare health plan if you have medcaid and Medicare AND B?

Unless one anticipates becoming ineligible for Medicaid, there is no good reason for a person who has both Medicare A & B and Medicaid to keep a private insurance plan. However, if you choose to do so, please do the taxpayers a favor and let your medical providers and your Medicaid caseworker know about the private plan, so that Medicaid will be billed only after the bill is "adjudicated" by Medicare and/or the private plan.


How can I consolidate my medical bills into one single payment?

To consolidate your medical bills into one single payment, you can consider options such as a medical bill consolidation loan, a medical credit card, or negotiating a payment plan directly with your healthcare provider. These methods can help simplify your payments and make managing your medical expenses easier.


Can you have Medicaid and a personal health insurance plan?

Yes, you can have both Medicaid and a private health insurance plan. The Medicaid plan will pay after your private plan pays. This means that your doctor (or hospital or other service provider) will bill your private plan first; then they will send the private plan's explanation of benefits (called an "EOB") to Medicaid.


Do you have to keep your healthplan if you are on Medicare and Medicaid?

Unless one anticipates becoming ineligible for Medicaid, there is no good reason for a person who has both Medicare A & B and Medicaid to keep a private insurance plan. However, if you choose to do so, please do the taxpayers a favor and let your medical providers and your Medicaid caseworker know about the private plan, so that Medicaid will be billed only after the bill is "adjudicated" by Medicare and/or the private plan.


What is a good source for medical benefits?

Medical benefits are available through several different sources. In Canada, private medical insurance can be purchased for whatever the provincial medical plan doesn't cover. Many full-time jobs also offer medical and dental insurance packages.


Do I have to make a payment plan with a debt collector or can I just send in payments?

You can send in payments, it won't stop them from bothering you though, that is what the payment plan might be able to do for you.


Which plan requires a high deductible to be met before any payments are made by the health plan?

A high deductible health plan requires individuals to pay a certain amount out of pocket before the health plan starts making payments.


Can you sell annuity payments from a qualified IRA plan?

No


Are you open to a private car sale with a payment plan?

Yes, I am open to a private car sale with a payment plan.