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Health Insurance?


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raheel312 asked:


I got a new job and switched Health insurance. A few weeks into my new job I had an appendectomy, and the Health insurance company is stating I “maxed out” for the year, which leaves me with a $4900 bill. Is there any why I can keep from paying the excess amount?

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Can I reimburse myself health insurance costs from company?


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lakeesha asked:


We used to have individual health insurance, and I would pay for it out of my own company (an S Corp). When we got insurance through my husband’s employer, I stopped reimbursing myself.
He is paid for by the company, and then it costs extra to add myself and our child.

I was just going to deduct health insurance premiums on our Sch A, but we don’t have enough other medical expenses to meet the limit.

Is it ligit to go ahead and reimburse myself the amount that it cost for the health insurance? Then it would be a business expense. Thanks.

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