deductible

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Related to deductibility: ductile

payment

 [pa´ment]
remuneration in exchange for goods or services.
prospective payment payment to a health care facility at a predetermined rate for treatment regardless of the cost of care for a specific individual patient.
third party payment payment of hospital or other health care bills by a source other than the patient; the most common sources are private or governmental insurance. Called also third party reimbursement.

deductible

[dēduk′tibəl]
an amount paid each year by a health insurance plan enrollee before benefits begin. It is not synonymous with copayment.

de·duc·ti·ble

(dĕ-dŭk'ti-bĕl)
The amount for which the insured is responsible before the health care plan pays; amount usually set on an annual basis.
Synonym(s): annual deductible.

de·duc·ti·ble

(dĕ-dŭk'ti-bĕl)
The amount for which the insured is responsible before the health care plan pays; amount usually set on an annual basis.
Synonym(s): annual deductible.

deductible

(diduk´təbəl),
n 1. a stipulated sum the covered person must pay toward the cost of dental treatment before the benefits of the program go into effect. The deductible may be annual or payable only once and may vary in amount from program to program.
n 2. the amount of dental expense for which the beneficiary is responsible before a third party will assume any liability for payment of benefits. Deductible may be an annual or one-time charge and may vary in amount from program to program. See also family deductible.
deductible amount,
n the portion of dental care expense the insured must pay before the plan's benefits begin.
deductible clause,
n a provision in an insurance contract stipulating that the insurer will pay only that amount that is in excess of a specified amount.
References in periodicals archive ?
Secondly, the list of groups supporting MI tax deductibility continues to grow in length and diversity.
Commissioner involved captives that had between 52 percent and 74 percent of insurance premiums from unrelated risks, Despite a lower percentage of business from unrelated parties, deductibility of insurance premiums was upheld.
Housey laid out the case for deductibility, complete with citations of IRS rulings and tax court decisions.
Tax deductibility of the expenses of attending any association meeting, wherever held, is subject to several overriding rules.
Ultimately, TRA86 eliminated deductibility of only state and local general sales taxes.
If your survey indicates a problem with deductibility, you need to take some action.
The analysis suggests that the degree of tax deductibility be determined by the
In an April 1988 speech, Downey, a member of the House Ways and Means Committee, mentioned that a cap on mortgage-interest deductibility might be one of the many ways Congress could generate revenue.
Numerous taxpayers have asked about the deductibility of the cost of tutoring and extracurricular activities under Sec.
Abandon or substantially narrow the Reasonable Expectation of Profit test in draft legislation clarifying the deductibility of interest and other expenses.
Although most M&E expenses are subject to a 50% limit, exceptions permit 100% deductibility.
In addition, the Act also provides tax relief in the areas of distributions from a qualified tuition program and deductibility of travel expenses for Armed Forces Reserve members.