Sentences with phrase «from high medical expenses»

President Clinton has promised to shield American families from high medical expenses.

Not exact matches

He had a couple thousand in credit card debt and a small, high - interest loan from EasyFinancial he'd taken to cover an unexpected medical expense for a family member.

Despite early efforts from the House, which passed a version of the tax bill that condensed the current seven tax brackets to four and cut many of the deductions — like those for teachers» supplies and high medical expenses — the final draft of the tax bill does no such thing.

Most consumers use personal loans to consolidate high - interest debt, such as that from unpaid credit card balances, or to pay for unforeseen expenses, such as medical bills.

I don't speak from experience, but once you start a family, you'll probably have higher medical insurance premiums, possibly a mortgage payment and the associated costs (maybe mortgage insurance, appliance repairs, etc.), savings for your childrens» education, and higher expenses in every other category (food, clothing, etc.) too.

With The Platinum Card ® from American Express, however, cardholders receive coverage for medical expenses that result from an accident or illness — covering even higher - risk behavior, such as snowboarding and most adventure sports.

Struggling to pay off high interest debts from medical expenses or credit cards can be absolutely overwhelming.

Otherwise, if your unreimbursed medical expenses are high, you could withdraw funds from your SEP - IRA to cover the excess of those expenses (above 10 % of your adjusted gross income).

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.

On the other hand, the reality is that such an outcome is actually the intent of the law in the first place; the bulk of tax assistance benefits for health insurance will be conveyed through the premium assistance tax credit specifically targeted at lower income individuals (who generally don't benefit from medical expense deductions due to the simple fact that they don't itemized deductions at all) while only limited benefits will be available through the medical expense deduction to higher income individuals.

f you're looking to supplement your high - deductible health plan to help you cover your medical expenses, a Health Savings Account (HSA) from Columbia Bank could be the perfect solution for you.

He had a couple thousand in credit card debt and a small, high - interest loan from EasyFinancial he'd taken to cover an unexpected medical expense for a family member.

Married couples who files under this status generally have separate high income and / or large itemized deductions (e.g., from charitable contributions or medical expenses).

* NOTE: Some rescue animals may have higher fees due to expenses incurred from out of state rescues, medical procedures, or other occurrences.

Medical and other expenses for these dogs can become high; CorgiAid gathers donations from those who want to help, and, within our funding guidelines, and gets funds to those rescuers who apply for help.

Illness or injury that prevents the spouse from earning a full salary, or creates high medical expenses

The medical expenses are almost always high and victims could need a long time away from work.

Individuals filing personal bankruptcy do so for a number of reasons, including loss of income from layoffs or hours cut back, unforeseen expenses such as medical bills from an accident or illness, and spiraling credit card debt with high interest rates and penalties.

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.

A life policy can help to protect your family from all funeral and death expenses, the high costs of medical bills, and most other outstanding debts left behind like the mortgage payments, credit card bills and personal or business loans.

Although, survival rates are considerably high due to advancements in medicine, it is of grave importance that you consider such plans so as that your family can pay for the medical expenses that would arise if you suffer from these illnesses in the future.

With his foreign medical bills spiraling higher, the family was horrified to discover that his travel insurance excluded medical expenses that occur from motorcycle accidents.

They help people with high - deductible health insurance plans cover out - of - pocket medical expenses — and save on their taxes, as contributions are deducted from your annual taxable income.

Those higher costs stem from rising medical expenses and increased legal claims and judgments as states and municipalities weigh in with laws on owners» liability for injuries a pet causes, said Heather Paul, a dog bite prevention specialist with State Farm.

The injuries alone that can result from high - speed crashes can be disastrous and the medical expenses can add up quickly.

They are there to protect you from debt in case your medical expenses are too high.

Since most medical plans — particularly high deductible plans — don't cover all expenses, employees can protect themselves from the financial strain of out - of - pocket costs and unexpected expenses.

Some of the other causes may be a mortgage that has a high monthly payment, car payments, medical condition related expenses, divorce, legal expenses stemming from a divorce or criminal conviction and the list goes on and on.

Being absent from work during recovery or in worst case forced to quit working will definitely impact your income and coping up with the high medical expenses will wash out your savings.

From expense accounts to company cars, medical sales reps are often viewed as living the high life.