are medical expenses covered by disability
I am often asked in my practice whether or not Social Security Benefits, if awarded, will take care of those outstanding medical bills. The answer is: maybe. Whether or not you have insurance through your disability benefits that will cover old medical bills depends on a number of factors. Medical expense insurance policies are offered in various forms of coverage including hospital expense, surgical expense, miscellaneous medical expenses, major medical expense, comprehensive medical expense, dental expense, as well as other limited medical expenses. It can, but not in the way health insurance would cover medical expenses. Disability insurance simply creates a pool of money for the insured to use for what they need to pay for. If medical expenses are part of their bills to be paid, then yes, disability insurance can help. Answered on May 28, 2013. +0. If you have a disability, you can take a business deduction for expenses that are necessary for you to be able to work. If you take a business deduction for these impairment-related work expenses, they are not subject to the 7.5% limit that applies to medical expenses. On Form 1040, medical and dental expenses are deducted on Schedule A, Itemized Deductions. People with disabilities often must follow different rules regarding the deduction of medical expenses. The following list highlights some of the additional medical expenses a disabled individual can include in figuring the medical expense deduction: --Artificial limbs, contact lenses, eyeglasses and hearing aids; A type of limited risk health insurance that pays a cash benefit directly to the policyowner in the event of hospitalization. Available on an individual or group policy basis, hospital indemnity insurance provides extra cash to cover personal expenses not covered by medical insurance during hospitalization. The federal health insurance program for seniors and some disabled individuals. Medicare is a Social Security program that provides medical care expense coverage for people age 65 and older and for certain disabled individuals. Surgical Expense - Providing compensation for the cost of surgery, this policy is usually covered along with hospital and miscellaneous medical expenses and the benefits pay for surgery charges as assessed by the surgeon. The process by which group medical insurance companies coordinate benefit payments to prevent overinsurance. COB prevents the duplication of benefits when a participant is covered by more than one group plan (i.e., when working spouses are covered under both plans). The primary plan is the employee's own plan. Basic Hospital Expense - This type of policy provides benefits for room and board expenses, miscellaneous medical expenses including the cost of x-rays, diagnostic test, ambulance services, lab fees, drugs, medicines, operating room charges, nursing services, and doctor visits in the hospital.
Whether or not you have insurance through your disability benefits that will cover old medical bills depends on a number of factors.