Medical expense deduction definition

Medical expense deduction or “MED” means the cost of the following expenses if incurred in the United States:
Medical expense deduction. (MED) means Title XIX waiver member whose family income exceeds the limits of all other Title XIX categories (except ALTCS) and has family medical expenses that reduce income to or below 40% of the FPL. MED members may or may not have a categorical link to Title XIX.
Medical expense deduction means the cost of :

Examples of Medical expense deduction in a sentence

  • Medical expense deduction is permitted only for households in which the head or spouse is at least 62 or disabled (Elderly or Disabled households).

  • Medical expense deduction is permitted ONLY for households in which the head, spouse, or sole member is at least age 62, or handicapped or disabled regardless of their age.

  • The full new service life of the remanufactured product is ensured by rigorous testing and performance standards that require the product to meet or exceed the performance and quality specifications of a current new version of the same type of product.

  • MEDICAL EXPENSES Medical expense deduction is permitted only for households in which the Head of Household, or their spouse, is at least62 years old or disabled (at any age) (Elderly or Disabled households).

  • Medical expense deduction costs must qualify as medical expenses as outlined in Chapter 13.

  • Amend subrule 41.5(8) as follows:41.5(8) Medical expense deduction limitation.

  • Medical expense deduction allowed on federal Schedule A (line 4 less line 5)$2,000 HEALTH INSURANCE AND LONG-TERM CARE INSURANCE DEDUCTION LIMITATIONS(4-6-05)194.

  • MEDICAL EXPENSES Medical expense deduction is permitted only for households in which the head or spouse is at least 62 or disabled (Elderly or Disabled households).

  • Units with a homeless household shelter deduction will not have an excess shelter expense deduction.• Total deductions must equal the sum of the following:- Standard deduction- Earned income deduction- Medical expense deduction- Excess shelter expense deduction or homeless household shelter deduction- Dependent care deduction- Child support payment deduction.7In Chapter III, we describe the complex process by which we determine whether a case is internally consistent and, if not, perform needed edits.

  • Medical expense deduction not allocated to health insurance costs.


More Definitions of Medical expense deduction

Medical expense deduction or “MED” means the cost of the following expenses if incurred in the United States: A medical service or supply that would be covered if provided to an AHCCCS member of any age under

Related to Medical expense deduction

  • Medical Expenses means those expenses that an Insured Person has necessarily and actually incurred for medical treatment on account of Illness or Accident on the advice of a Medical Practitioner, as long as these are no more than would have been payable if the Insured Person had not been insured and no more than other hospitals or doctors in the same locality would have charged for the same medical treatment.

  • Allowable Expense means a necessary, reasonable and customary item of expense for health care, which is: • covered at least in part under one or more plans covering the person for whom the claim is made; and • incurred while this plan is in force. When a plan provides healthcare coverage in the form of services, the reasonable cash value of each service is considered as both an allowable expense and a benefit paid. Vision care services covered under other plans are not considered an allowable expense under this plan. PLAN means any of the following that provides benefits or services for medical, pharmacy, or dental care treatment. If separate contracts are used to provide coordinated coverage for members of a group, the separate contracts are considered parts of the same plan and there is no COB among those separate contracts.

  • Allowable Expenses means any necessary, reasonable and customary item of expense at least a portion of which is covered under at least one of the Health Benefit Plans covering the person for whom claim is made. When a Health Benefit Plan provides benefits in the form of coverage for services, the reasonable cash value of each service rendered shall be deemed to be both an Allowable Expense and a benefit paid.

  • Management Expenses means the Management Expenses more particularly described in Clause 10.1;

  • Program Expenses means all UHC’s expenses of administering the Program under the Indenture and the Act and shall include without limiting the generality of the foregoing; salaries, supplies, utilities, labor, materials, office rent, maintenance, furnishings, equipment, machinery and apparatus, including information processing equipment; software, insurance premiums, credit enhancement fees, legal, accounting, management, consulting and banking services and expenses; Fiduciary Expenses; remarketing fees; Costs of Issuance not paid from proceeds of Bonds; and payments to pension, retirement, health and hospitalization funds; and any other expenses required or permitted to be paid by UHC.

  • Development Expenses means, with respect to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.), usual and customary operating and financial costs, such as the compliance monitoring fee, the financial monitoring fee, replacement reserves, the servicing fee and the debt service reserves. As it relates to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.) and to the application of Development Cash Flow described in subsections 67-48.010(5) and (6), F.A.C., as it relates to SAIL Developments or in paragraph 67-48.020(3)(b), F.A.C., as it relates to HOME Developments, the term includes only those expenses disclosed in the operating pro forma on an annual basis included in the final credit underwriting report, as approved by the Board, and maximum of 20 percent Developer Fee per year.

  • Accrued Professional Compensation means, at any given moment, all accrued, contingent and/or unpaid fees and expenses (including, without limitation, success fees) for legal, financial advisory, accounting and other services and reimbursement of expenses that are awardable and allowable under section 328, 330(a) or 331 of the Bankruptcy Code and were rendered before the Effective Date by any Retained Professional in the Chapter 11 Cases, or that are awardable and allowable under section 503 of the Bankruptcy Code, that have not been denied by a Final Order, all to the extent that any such fees and expenses have not been previously paid (regardless of whether a fee application has been filed for any such amount). To the extent that the Bankruptcy Court or any higher court denies or reduces by a Final Order any amount of a Retained Professional’s fees or expenses, then those reduced or denied amounts shall no longer constitute Accrued Professional Compensation.