Laboratory Instruments

We are itemizing our medical expenses for 2007 due to exceeding the 7.5% of AGI for medical expenses. Can we prepay my wife’s individual health insurance premiums for 2008, so that I get credit for them in 2007? The 12 month amount would be ~$1300 and will be paid for with aftertax dollars. We should [...]

Tags: 2007, 2008, Expenses, Health, Insurance, Itemizing, Medical...., Premiums, Prepay

Let’s face it, here in the U.S. the medical insurance premiums for group health coverage is rising faster than inflation. As a result, a lot of companies are either reducing the levels of coverage in order to offset the cost of insurance, increasing the deductible, and or increasing the cost to the employees for the [...]

Tags: Companies, Employers, Insurance, Medical...., Premiums, Reduce