Of course, the Smiths don't have Joe's considerable fee — they want to
pay that out of the insurance check.
Rather, they will
pay out of the insurance fund created to address work place injuries.
In cases of an animal or dog bite, the owner of the dog is fully responsible by default for the dog's actions, and if they are a homeowner, compensation will most likely be
paid out of their insurance after a personal injury claim.
These benefits are
paid out of an insurance policy held by the employer which protects both employer and employee.
Not exact matches
The Trump administration's moves on Obamacare last week — including the decision to stop
paying subsidies meant to lower low - income enrollees»
out -
of - pocket medical costs to
insurance companies — have dominated health care headlines.
That said, the real muscle behind the pushback stems from disenfranchised cab operators, who must comply with a complex web
of regulations and shell
out for
insurance, vehicle maintenance and exorbitant licence fees: In Montreal, cab drivers
pay around $ 200,000 for a taxi medallion.
«It looked as if Hertz wanted you to
pay out of pocket without getting your
insurance company involved,» he said.
Furthermore, the CBO expects the Senate's health bill to substantially raise Americans»
out -
of - pocket medical costs by slashing Obamacare's mandated benefits and rolling back assistance to poorer and sicker people, as well as discouraging some low - income Americans from buying
insurance in the first place (the BCRA would nix Obamacare's requirement that people carry coverage or
pay a fine).
A number
of prominent GOP Senators, including Sen. Bill Cassidy, are sounding a defiant note on President Trump's proposal to end Obamacare payments to
insurance companies — payments that help reduce the deductibles and
out -
of - pocket costs
paid by low - income Americans who purchase a mid-level «Silver» plan in Obamacare's markets.
When he got down to less than 20 percent
of his mortgage left to
pay off, he also took his money
out of escrow to avoid
paying extra fees and negotiated his
insurance rates down even further.
So instead
of throwing your employees
out in the street to buy
insurance on their own, you offer them an allowance to help them
pay for their health
insurance.
Claims for Social Security Disability
Insurance — which
pays out $ 143 billion each year to more than 11 million Americans unable to work because
of a serious illness or impairment — have been ticking upward.
In order to save on homeowners
insurance premiums, purchasers can raise their deductibles — the amount
of money they'll need to
pay out of pocket toward damages before the
insurance company will cover the damage.
He felt it was a moral imperative for companies to take care
of their employees — to provide them adequate health
insurance, to
pay them good wages, and to look
out for them when things got bad.
While not all
of the costs are necessarily borne by taxpayers — i.e., your employer might
pay a share
of your health
insurance premiums — many
out -
of - pocket expenses count toward the deduction (more on that below).
You give an
insurance company money in a lump sum or in payments over a period
of years, then at retirement, the cash gets «annuitized,» or
paid out in a string
of payments based on your life expectancy.
People would generally only have to
pay that much if they either didn't have health
insurance (making them
out of compliance with the Affordable Care Act, which requires Americans to have coverage) or if they had not yet reached their health plan's deductible (more common for people with high - deductible, so - called catastrophic health plans).
It takes money
out of your pocket each month — because even if you own it free and clear you must still
pay utilities,
insurances, maintenance, taxes, etc..
Health
insurance premiums rose, in some cases heftily, in many Obamacare markets as insurers prepared for Trump to end critical federal subsidies that help
pay for consumers»
out -
of - pocket medical costs (a move the president eventually made) and the repeal
of the individual mandate.
While 2004 was an exceptional year for mortgage
insurance, over the past 10 years CMHC has
paid out at an average rate
of 45 %, far lower than most other forms
of insurance.
Insurance underwriting has dragged on recent results, and Berkshire last year
paid out billions
of dollars for hurricane losses.
As Shabo notes, the Trump proposal is also controversial because it says leaves will be
paid for
out of funds used for unemployment
insurance.
PPI was a form
of insurance intended to
pay out if consumers failed to make payments on their loans.
Of the $ 2.6 billion in treatment for opioid addiction and overdoses, $ 2.3 billion was paid by insurance, while another $ 335 million was paid out of pocket — and more than half went toward covering employees» childre
Of the $ 2.6 billion in treatment for opioid addiction and overdoses, $ 2.3 billion was
paid by
insurance, while another $ 335 million was
paid out of pocket — and more than half went toward covering employees» childre
of pocket — and more than half went toward covering employees» children.
Property tax,
insurance, upkeep, H.o.A. dues, etc. on a
paid off home can take a HUGE bite
out of your Social Security check
The subsidies,
paid to
insurance companies, vastly lower patient deductibles and
out -
of - pocket costs.
This excludes the policyholder and their household, who would need to file a health
insurance claim to cover the medical costs associated with an injury or
pay out of their own funds.
About 75 %
of Iceland's voters turned
out on Saturday to reject the Social Democratic - Green government's proposal to
pay $ 5.2 billion to the British and Dutch bank
insurance agencies for the Landsbanki - Icesave collapse.
It would attain the long - standing goal
of universal coverage against the cost
of pharmaceuticals, and it would reduce the high costs that Canadian
pay today for the drugs they use, through taxes,
insurance premiums, and
out of pocket.
«Patients were harmed as a result
of this fraud scheme when they were subjected to unnecessary medical procedures, and
insurance providers were harmed when they
paid out tens
of millions
of dollars after receiving fraudulent bills.»
Most people would
pay the tax penalty for being uninsured instead
of purchasing
insurance on the exchanges, because
paying full cost for
insurance remains unaffordable for practically everybody — it's a fact that medical costs in the United States are
out of control.
As Frank Armstrong III, founder and principal
of Miami - based Investor Solutions points
out, long - term care costs are not covered by
insurance: «Once a hospital releases you to any kind
of long - term care facility, your medical coverage quits
paying for your care.»
Initially, the author thought it might be Buffett himself or that it was predicated on the «float»
of his
insurance companies (the difference between claims
paid out and premiums
paid in).
Have you ever heard
of an
insurance company
paying out a $ 200 million Powerball jackpot?
With this option, you can get
out of paying monthly private mortgage
insurance by opting for a higher interest rate at closing, or by
paying all your PMI in one lump sum at closing.
Health
insurance is not taxed in the same way as other forms
of compensation, so an investment banker may prefer a health plan that covers everything instead
of one with a big deductible that she has to
pay out of her post-tax salary.
If you did not have renters
insurance, you would have to
pay the costs resulting from that incident
out -
of - pocket.
If you don't have renters
insurance, you would have to
pay for the cost
of staying somewhere else
out -
of - pocket.
In May, the company
paid $ 89 million to settle claims brought by the Department
of Justice that it had bilked taxpayers
out of mortgage
insurance through fraudulent foreclosures.
Property and casualty
insurance companies invest a substantial percentage
of book value and policyholder «float,» which is money they hold until policy claims are
paid out but do not own, in investment - grade bonds, particularly corporate bonds.
But we sometimes hedge our asset class views through the adoption
of a currency - hedged ETF — the cost
of that is essentially the
insurance premium you
pay in case our broad asset class views turn
out to be incorrect due to monetary - and macro-regime policies.
«Berkshire has access to two low - cost, non-perilous sources
of leverage that allow us to safely own far more assets than our equity capital alone would permit: deferred taxes and «float,» the funds
of others that our
insurance business holds because it receives premiums before needing to
pay out losses»
An annuity is an
insurance product that
pays out income, and can be used as part
of a retirement...
The company's combined ratio has averaged 95 % over the past decade, reflecting that Markel has been
paying out only $ 0.95 in
insurance losses and operating expenses for every dollar
of premium it takes in.
If Prior is right in his thesis that the federal government will aim to share the fiscal burden
of health costs with the users
of the healthcare system then health
insurance companies will be
paying out more money.
That's money that
insurance companies get from premiums years before they
pay out policies, and it's played a major role in the success
of Berkshire since it owns several
insurance companies.
With an annuity, however, you enter into a contract with an
insurance company to
pay a certain amount for the rest
of your life, giving you the peace
of mind that comes from knowing your income will never run
out.
We don't believe in selling lower quality
insurance products filled with terms that allow the
insurance carrier to get
out of paying claims.
If you're injured while performing a work - related task, your personal health
insurance will not respond forcing you to
pay out -
of - pocket for any medical costs associated with that injury.
There are a lot
of costs that go into insuring someone including administrative costs, the medical exam and testing costs, and potentially having to
pay out a large death benefit, so life
insurance companies weigh all the risks for those who apply for coverage.