An insurance deductible is the amount a covered person pays on covered events before insurance benefit payments kick in, according to If a person has a $250 deductible on hospital services, that person pa... More »

A deductible is an annual amount a person pays on an event covered by insurance before benefits kick-in. Home, auto and health insurance products all commonly have deductibles. In general, a higher deductible reduces pre... More »

Taxpayers can take deductions for home mortgage interest, real estate taxes and charitable contributions of cash and goods, according to TurboTax. Individuals who pay state income taxes can deduct those amounts from thei... More »

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Co-insurance is an amount a covered person pays toward medical care that is protected by health insurance. Someone with an 80-20 co-insurance setup pays 20 percent of the remaining post-deductible balance on qualified tr... More »

The U.S. Centers for Medicare & Medicaid Services features a glossary of medical insurance terms on its website, The National Association of Insurance Commissioners and AIG provide glossaries of general i... More »

Common benefits of group health insurance coverage include the tax benefits for employees and the payments that employers usually contribute toward the premiums, reports the National Association of Health Underwriters. B... More »

A National Insurance number is a personal account number assigned to residents of Great Britain and Northern Ireland who are at least 16 years old and contributing National Insurance payments and taxes, explains Tax Guid... More »