Sentences with phrase «pocket medical expenses incurred»

With Accident Medical Expense Insurance, members are reimbursed for out - of - pocket medical expenses incurred as a result of a covered accident.

The second most important thing to do is to keep track of all out of pocket medical expenses you incur after you open the HSA account.

Not exact matches

Indiana law also permits you to recover any out of pocket expenses you've incurred for your medical treatment.

Although a «limited» plan will cost about 20 % -40 % less, if you incur medical expenses, your out - of - pocket expenses will be more than the premium dollars you saved that particular year.

But wait: Kentucky also requires drivers to carry personal injury protection (PIP), which is the part of your insurance that pays for your own medical expenses, lost wages and similar out - of - pocket costs incurred by an injury in a car accident, no matter who's at fault.

Regardless of how much in medical expenses the policyholder incurs throughout the calendar year, the out - of - pocket maximum limits how much he or she is responsible to pay during the same calendar year.

A question that our online insurance school often receives is how to figure out a health insurance policy's «out - of - pocket limit», or maximum financial limit that an insured must meet in a calendar year based on incurred medical expenses.

You know that you'll incur significant medical expenses during the year and determine that gold or platinum plan with a lower out - of - pocket maximum will save you money, even when accounting for the higher premiums.