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  2. Flexible spending account - Wikipedia

    en.wikipedia.org/wiki/Flexible_spending_account

    The most common type of FSA is used to pay for medical and dental expenses not paid for by insurance, usually deductibles, copayments, and coinsurance for the employee's health plan. As of January 1, 2011, over-the-counter medications are allowed only when purchased with a doctor's prescription, except for insulin. [5]

  3. FSA Eligibility List - Wikipedia

    en.wikipedia.org/wiki/FSA_Eligibility_List

    The FSA Eligibility List is a list of tens of thousands of medical items that have been determined to be qualified expenses for flexible spending accounts in the United States. The U.S. Internal Revenue Service outlines eligible product categories in its published guidelines. [ 1 ]

  4. Health savings account - Wikipedia

    en.wikipedia.org/wiki/Health_savings_account

    Health insurance premiums are generally not HSA eligible, except for some specific cases such as COBRA premiums, premiums while on unemployment, certain Medicare expenses, and long-term care insurance premiums. According to the IRS, insurance premiums are not considered qualified medical expenses, with some exceptions like long-term care insurance.

  5. A Guide to Tax Breaks for Medical Expenses for Seniors - AOL

    www.aol.com/guide-tax-breaks-medical-expenses...

    A long list of medical expenses are tax-deductible, including the deductibles and co-payments you pay for care that is covered by insurance and your out-of-pocket costs for many expenses that aren ...

  6. Medical Expenses You Can Deduct From Your Taxes - AOL

    www.aol.com/finance/medical-expenses-deduct...

    There’s nothing fun about medical bills or the reason you have them. The debt that often results from medical bills can create financial strain — even for people with savings earmarked for ...

  7. Covered California - Wikipedia

    en.wikipedia.org/wiki/Covered_California

    Since Covered California is a part of the Affordable Care Act, there are some essential health benefits that the insurance companies must offer to consumers. This is a list of a few services: [18] Ambulatory services; Emergency/urgent care; Hospital care services; Maternity and newborn care; Mental health and substance abuse services ...

  8. Health reimbursement account - Wikipedia

    en.wikipedia.org/wiki/Health_Reimbursement_Account

    Arrangements (medical services, dental services, co-pays, coinsurance, deductibles, participation) may vary from plan to plan, and an employer may have multiple plans in place, allowing much flexibility. The kinds of expenses that can be paid under an HRA are generally the same as the expenses that can be paid through a Flexible Spending ...

  9. Medical Expenses You Can Deduct From Your Taxes - AOL

    www.aol.com/finance/medical-expenses-deduct...

    With a hypothetical $6,500 in medical expenses, subtracting your $3,750 base amount from the $6,500 in expenses equals $2,750, which is your deduction if you choose to itemize rather than take the ...

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