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HealthWell provides financial assistance to adults and children facing medical hardship resulting from gaps in their insurance that cause out-of-pocket medical expenses to escalate rapidly.
Crossroads survey: "Expand HSAs that allow people to save money tax-free for use on out-of-pocket medical expenses.
The benefit can be used to: pay out-of-pocket medical expenses, supplement daily living expenses, cover lost income for unpaid time off work and safeguard finances.
Thirty-six percent spent more than 10 percent of their household income on out-of-pocket medical expenses in 2007, compared with 27 percent of workers in larger firms.
Population-based household surveys in 2003 of 6,345 women who had given birth in the previous 24 months asked about out-of-pocket medical expenses for maternity care incurred during childbirth by women and families at all levels of the health system in two districts each in Burkina Faso, Kenya and Tanzania.
Blue Cross will also reimburse these consumers for out-of-pocket medical expenses (estimated to be $14 million) and pay a $1 million fine.
And 33% of working-age Americans spent 10% or more annually on these out-of-pocket medical expenses, compared with 21% in 2001.
Home ownership, state and local taxes, charitable donations, out-of-pocket medical expenses, and miscellaneous expenses are all deductible.