Aetna hsa insurance plan cost

Amounts paid for special equipment installed in your home for improvement qualify as medical expenses if specified by a physician that the equipment is mainly needed for or as a result of a specific medical condition. Please retain the prescription or other order with your tax records. If the capital expenditure increases the value of the property, the excess value is not reimbursable.

Improvements made to accommodate a residence for a person's disability do not usually increase the value of the residence, and the full cost is usually reimbursable. Only reasonable costs to accommodate a personal residence for a disabled condition are considered medical care. Additional costs for personal motives, such as for architectural or aesthetic reasons, are not reimbursable

Example. You have a heart ailment. On your doctor's advice, you install an elevator in your home so that you will not have to climb stairs. The elevator costs $8000. An appraisal shows that the elevator increases the value of your home by $4,400. You figure your medical expense like this:

1. Enter amount you paid for the improvement.1.
   1. $8,000
2. Increase in value of home after improvement.
   1. Enter value of your home after improvement. 2a. $124,400
   2. Enter value of your home before improvement.
      2b. $120,000
   Childbirth classes are not qualified medical expenses. Classes are elective and not medically necessary (personal convenience). Chiropody Fees paid to a chiropractor are qualified when authorized by a physician to treat a specific medical condition. Please retain the prescription or other order with your tax records. Christian Science Practitioner Infant circumcision is a qualified medical expense. This procedure is also qualified if performed in the participant's home by a rabbi. Adult circumcision is qualified ONLY if it is performed for a specific medical reason. Premiums paid for COBRA benefits are a qualified expense. Collagen Injections