My employer does not offer a plan and i need a bridge or implant very soon but most individual plans don't cover much of the cost and they make you wait 6-12 months for bridges and implants.
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First you should check to see if there is a dental school somewhere near you. (Or at least within reasonable driving distance.) Many dental schools provide a full range of dental work in order to give their students experience. (Tricky procedures are usually done by the teacher, with the students assisting.) Sometimes they limit expensive procedures to low-income people only, but you can always check. (If you have low income, you may find you can get some assistance from the county health too.)
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Monday, December 13, 2010
can imputed income for medical & dental insurance for my domestic partner be claimed as medical expense?
my company offers medical and dental insurance to my domestic partner. but my company reports the entire value (what it cost me and my company) of the medical and dental coverage as taxable income to me. This totals over $8k last year. When I file my taxes, can I declare this as a medical expense under medical insurance premium?
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I run across this quite often. The answer is no. While some states recognize domestic partnership, the Federal Government does not. That is the reason that your employer reports it as income. They should not be pre-taxing your contribution for his insurance because Section 125 of the IRS code will only allow you to deduct on a pretax basis for members of your family, as defined by Federal Law. Domestic partnership does not meet that definition. The same holds true for COBRA. It is a federal law, and therefore, does not recognize domestic partnership. IRS Publication 502 lists all medical expenses that are eligible for tax consideration/deduction. It says: "You can generally include medical expenses you pay for yourself as well as those you pay for someone who was your spouse or your dependent...To include these expenses, you must have been married either at the time your spouse received the medical services or at the time you paid the medical expenses." It further defines dependent as, " Child, grandchild, great grandchild, etc, your stepchild, brother, sister, half brother, half sister, stepbrother or stepsister, parent, grandparent, or other direct ancestor, but not foster parent, stepfather, stepmother, brother or sister of your father or mother, son or daughter of your brother or sister, father-in-law, mother-in-law, son-in-law, daughter-in-law, brother-in-law, or sister-in law." The person must have lived with you for the entire year and you must have provided half of that person's total support for the calendar year. There is no mention of domestic partner. By the way, I don't believe that you can file a joint return unless you are married either.
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I run across this quite often. The answer is no. While some states recognize domestic partnership, the Federal Government does not. That is the reason that your employer reports it as income. They should not be pre-taxing your contribution for his insurance because Section 125 of the IRS code will only allow you to deduct on a pretax basis for members of your family, as defined by Federal Law. Domestic partnership does not meet that definition. The same holds true for COBRA. It is a federal law, and therefore, does not recognize domestic partnership. IRS Publication 502 lists all medical expenses that are eligible for tax consideration/deduction. It says: "You can generally include medical expenses you pay for yourself as well as those you pay for someone who was your spouse or your dependent...To include these expenses, you must have been married either at the time your spouse received the medical services or at the time you paid the medical expenses." It further defines dependent as, " Child, grandchild, great grandchild, etc, your stepchild, brother, sister, half brother, half sister, stepbrother or stepsister, parent, grandparent, or other direct ancestor, but not foster parent, stepfather, stepmother, brother or sister of your father or mother, son or daughter of your brother or sister, father-in-law, mother-in-law, son-in-law, daughter-in-law, brother-in-law, or sister-in law." The person must have lived with you for the entire year and you must have provided half of that person's total support for the calendar year. There is no mention of domestic partner. By the way, I don't believe that you can file a joint return unless you are married either.
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Around how much can you expect to pay for dental insurance?
for only yourself? never bought it before, so don't know
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Too much for what you will benefit. I would consider having a dental exam to access your needs. Then I would consider some sort of payment options..such as Care Credit, versus insurance. If your needs are minimal, you don't need insurance. Good Luck
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Too much for what you will benefit. I would consider having a dental exam to access your needs. Then I would consider some sort of payment options..such as Care Credit, versus insurance. If your needs are minimal, you don't need insurance. Good Luck
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Any cheap dental insurance?
I am into getting braces but i dont have dental insurance. So i was looking into delta dental and aethna? but didnt know if they were better ones that cover more and that have cheap payments or annual fees?
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Look, they all charge about the same, and most of them exclude orthodontics, flat out. Orthodontics coverage is EXTREMELY limited, because only people who wanted to use it, would ever buy it.
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Look, they all charge about the same, and most of them exclude orthodontics, flat out. Orthodontics coverage is EXTREMELY limited, because only people who wanted to use it, would ever buy it.
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are there any affordable health and dental insurance plans out there,i mean really affordable?
i am going through a financial crisis so to say, and cant find any affordable health and dental plans out there.
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Honestly, if you're in a financial crisis, buying a dental plan is hard to do. I bought my health insurance on www.ehealthinsurance.com. They are the easiest site I've found to compare benefits of companies at certain premium price levels. I did it for Washington State. I believe they have other states. If you're hoping to use the insurance to save you health care costs, the answer is probably no. A $500 deductible plan is very expensive. If you're trying to prevent a worst-case catastrophic event, then there are a number of inexpensive plans available. When you analyze if you are going to get insurance, consider the reason. If it's to save on health care costs short term, frequently, by the time you pay for the premiums and deductibles, it would have been cheaper to simply out of pocket the expense. Email me with any questions. Good luck, Jared
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Honestly, if you're in a financial crisis, buying a dental plan is hard to do. I bought my health insurance on www.ehealthinsurance.com. They are the easiest site I've found to compare benefits of companies at certain premium price levels. I did it for Washington State. I believe they have other states. If you're hoping to use the insurance to save you health care costs, the answer is probably no. A $500 deductible plan is very expensive. If you're trying to prevent a worst-case catastrophic event, then there are a number of inexpensive plans available. When you analyze if you are going to get insurance, consider the reason. If it's to save on health care costs short term, frequently, by the time you pay for the premiums and deductibles, it would have been cheaper to simply out of pocket the expense. Email me with any questions. Good luck, Jared
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Lost heath/dental insurance, anything more affordable than COBRA?
I just graduated from college and have 30 days to determind if I stay with the COBRA plan (about $350 a month) or find other insurance. I don't mind having to use in-network doctors. I'm also based in NJ if that makes a difference. Any ideas on what I can use? Much appreciated.
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Well, there might be some health insurance cheaper than your cobra, HOWEVER, you won't find effective, stand alone dental. Your BEST bet is to take Cobra month to month until you have a job. And take any job you can find that will give you benefits.
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Well, there might be some health insurance cheaper than your cobra, HOWEVER, you won't find effective, stand alone dental. Your BEST bet is to take Cobra month to month until you have a job. And take any job you can find that will give you benefits.
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have no dental insurance or job where can i get dental care in nc?
i am in need of dental care but dont have insurance where can i go in goldsboro nc
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you can try UNC-Chapel Hill Dental School-they have a application process where you can get cheap care and help the students learn.
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you can try UNC-Chapel Hill Dental School-they have a application process where you can get cheap care and help the students learn.
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