Qualified Medical Expenses definition

Qualified Medical Expenses as defined in Code Section 223(d)(2), means amounts paid for certain specified (but not all) expenses related to medical care. (See Section

Qualified Medical Expenses means amounts paid for medical care as defined in Section 213(d) of the Code for the Owner, his or her spouse, or his or her dependents (as defined in Section 152 of the Code), but only to the extent that such amounts are not compensated for by insurance or otherwise. With certain exceptions, such as to pay premiums under COBRA, health insurance premiums are not Qualified Medical Expenses. See IRS Publication 969 for more information about Qualified Medical Expenses.

Qualified Medical Expenses means medical expenses as defined in Section 213(d) of the Internal Revenue Code of 1986, as amended;

Examples of Qualified Medical Expenses in a sentence

• A Health Savings Account is a tax-exempt account established under Section 223(d) of the Internal Revenue Code for the exclusive purpose of paying current and future Qualified Medical Expenses.

• Qualified Medical Expenses are amounts paid for medical care as defined in Section 213(d) of the Internal Revenue Code for the Account Owner, his or her spouse, or tax dependents, but only to the extent that such amounts are not compensated for by insurance or otherwise.

• The use of any debit card in connection with the HSA may be limited to eligible merchants that provide, among other things, health care related goods and services that are eligible for reimbursement as Qualified Medical Expenses and that supply applicable MCC codes for verification purposes.

• With certain exceptions, health insurance premiums are not Qualified Medical Expenses.

• Funds from an HSA are only available to pay for HSA Qualified Medical Expenses after they are contributed to the HSA.

More Definitions of Qualified Medical Expenses

Qualified Medical Expenses means the term as defined by Section 223(d)(2) of the Code, which includes amounts that are paid for medical care as defined in Code Section 213(d) for the Account Owner, his or her spouse, or dependents (as defined in Section 152 of the Code) to the extent such amounts are not compensated for by insurance or otherwise, and excludes certain types of expenses for HSA purposes.

Qualified Medical Expenses means amounts paid for medical care as defined in Internal Revenue Code section 213(d) for you, your spouse, or your tax dependents as defined in the relevant IRS Rules, but only to the extent that such amounts are not compensated by insurance or otherwise.

Qualified Medical Expenses shall have broadest permissible meaning under Section 213(d) of the Code and shall include, without limitation, Required Contributions under the ALPA Retiree Health Plan, Medicare Part B premiums, Medicare supplemental insurance premiums, Tricare premiums, medical and prescription drug expenses necessary to satisfy insurance deductibles, co-payments, co- insurance payments and out of pocket maxima, and any other qualified medical expense described in IRS Publication 502.

Qualified Medical Expenses means expenses incurred for medical care (as defined in Code Section 213(d)), including but not limited to expenses for diagnosis, cure, mitigation or treatment of disease or injury to the body or mind, or the prevention of such disease. If you have questions as to whether particular medical expenses qualify for reimbursement under the Plan, contact your tax advisor prior to enrolling in the Plan. You may also refer to Appendix B for a list of eligible and ineligible medical expenses.

Qualified Medical Expenses means amounts paid for medical care as defined in Section 213(d) of the Code for the Owner, his or her spouse, or his or her dependents (as defined in Section 152 of the Code), but only to the extent that such amounts are not compensated for by insurance or otherwise. With certain exceptions, such as to pay premiums under COBRA,

Qualified Medical Expenses are those expenses authorized under the provisions of Internal Revenue Code Section 213, excepting only those expenses the parties mutually agree to exclude.

Qualified Medical Expenses means an y amount paid during t he taxable year, not compensated for by insurance or ot herwise, for medical care ( as defined in section 213( d)) of t he taxpa yer, his spouse, or his dependent ( as defined in sec- tion 152).