Sentences with phrase «by high medical expenses»

Not exact matches

HSAs allow individuals who are covered by high - deductible health plans to receive tax - preferred treatment of money they have saved for medical expenses.

If you have a High Deductible Health Plan, you can set up a Health Saving Account (HSA), which you can use to pay for medical expenses not covered by your health insurance tax - free.

While it's never ideal to withdraw money from an IRA early, single people overburdened by unplanned medical expenses will lose 10 percent of the withdrawal amount even if the expenses are high.

Unsecured loans, on other hands are the most common type of loans availed by a lot of people looking for personal loan in Pune to meet all their financial requirements, including pursuing some higher education, renovating their house, marriage expenses, to fund their vacation or for meeting some medical emergencies.

A Health Savings Account (HSA) is a tax - free way to save and pay for medical expenses — especially if you carry a high - deductible health insurance plan — by placing pre-tax funds into your HSA.

By liability I just mean it in the financial context for the institution — honoring commitments made for covering the post-retirement medical benefits as well as the expenses associated with providing a high level of care.

While recovering compensation to cover future medical expenses and lost earnings can not undo the physical and emotional damage wrought by a serious accident, it can protect the victim and their family from financial ruin due to the high cost of long - term medical care.

As a result, a lot of work goes into proving there was negligence and a breach of care by the other party This is because the potential compensation the victim and his or her family can get is much higher, because they would need it for long - term medical expenses.

With this type of health insurance plan, you need not worry about the medical expenses or the high premium rates which will be charged to you by your insurance company.

By combining a health benefits plan with your major medical plan, you can maximize your financial protection and reduce hassles often associated with health insurance — high deductibles, out of pocket expenses, and income losses associated with illness.

If your plan excludes pre-existing conditions and you have high blood pressure and experience a heart attack on a cruise and need medical care, none of those expenses will be paid by your travel insurance plan because of the pre-existing condition.

Underinsured motor vehicle coverage pays for your medical expenses, lost wages, and related damages, if you're hurt in a car accident caused by someone with liability insurance, but whose coverage limits are lower than those you choose for this coverage, and aren't high enough to pay your damages.

Because many final expense policies do not require a medical exam, however, the risk that is taken on by the insurer is usually higher than for that of a traditionally underwritten policy.

Medical expenses increase by the day with employees demanding higher amounts of sum insured.