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What is Integrated medical and rx deductible?

Anonymous

∙ 10y ago

Updated: 9/16/2023

An integrated Rx deductible means it is an employee health care plan with a higher deductible and lower premiums. This is typically preferred; however, since many people are on medications, this may be a bad choice for them.

Wiki User

∙ 10y ago

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Related Questions

Is acupuncture fees a deductible medical expense?

Yes, to the degree your medical expenses are deductible

What is the medical abbreviation meaning prescription?

Rx is the medical abbreviation meaning prescription.

How Much Medical Expenses are tax deductible?

Medical expenses are deductible up to the amount that they exceed 7.5% of your AGI. If you had an adjusted gross income of $100,000 and your unreimbursed medical expenses were $13,000 than your medical expenses deductible would be $5,500 (13,000 - (100,000 * 7.5%)).

What is the average deductible for medical travel insurance in Europe?

The average deductible for medical travel insurance in Europe depends on specific aspects of the traveler and the trip. Age of the traveler, length of the trip, and medical limits all factor into the deductible of the insurance.

Can insurance co-pay be tax deductible?

If you are referring to a MEDICAL/HOSPITALIZATION insurance co-pay, yes, that is deductible as a medical expense. And on property/casualty insurance, it may be deductible as a casualty loss.

When was National Integrated Medical Association created?

National Integrated Medical Association was created in 1947.

Are glasses tax deductible?

Medical expenses are deductible to the extent that they exceed 7.5% of your adjusted gross income. The cost of prescription eyeglasses is a qualified medical expense.

What does Rx stand for?

RX Prescription RX Radix (Latin: Root; derivation of prescription) RX Receive/Receiver/Reception RX Radiation Experiments RX Re-Xray RX Reaction (medical) RX Reactor RX Recipe - Take RX Reparable Exchange RX Reserve RX Resources Exchange RX Rexall RX Treatment RX US Revenue Distilled Spirits (Scott Catalogue prefix; philately) rx Rotary Experimental (Mazda model/engine)

Who owns Select RX LLC?

McKesson Medical Surgical

Are long term care insurance premiums tax deductible?

Yes, it is. Long term care insurance premiums are tax deductible. Premium payments are considered to be medical expenses and they are deductible as long as the medical expenses exceed 7.5% of the individual's income.

What kind of insurance is tax deductible?

Insurance for one's personal property such as auto or homeowner's insurance is tax deductible. Other tax deductible insurances are medical and dental insurances.

Where did Rx originate?

Rx is a symbol that is used for a medical prescription written by a doctor. It originates from the Latin word recipe and it means to take.

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