WHEN WHEN when is health insurance deductible paid when? When?
The deductible in a person's health insurance policy is paid by the owner of the policy. This means that the person who purchases the policy is responsible for the deductible fees.
No, personal interest is never deductible, regardless of who it is paid to.
Most insurance companies for auto insurance have requirements for the insured to pay a deductible when the vehicle in question is done being fixed. The deductible is paid as part of the repair bill. Some auto repair businesses ask for a down payment before work is to begin. A deductible for medical expenses is paid throughout the year as a person spends money, out of pocket, for medical services.
No; this is a copayment (or "copay"). A co-insurance is a percentage that the insured is responsible for after meeting their deductible.
Any time there's a claim which will be paid by the Insurance co, a deductible is paid by the insured.
Personal interest is not tax deductible
no
no,
The deductible applies to every individual claim.
Yes. If someone hits your vehicle and the insurance company pays for the damages, they will go after the person who was at fault for the damages paid and after they collect all the money paid out they will reimburse you for the deductible that you paid when the vehicle was repaired. The damages were paid under your uninsured motorists coverage which has at least a $250 deductible for property damage so when all the damages are recovered from the person, that will include the deductible and you will get a check back for that amount.
what is the rule for receiving tax deductible for medicare paid in for retirees filing jointly, under $13.000?