Reply to professional to help organize medical expenses tracking?

Forum Index » Money and Finances

Reply to "professional to help organize medical expenses tracking?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous]Our FSA limit was easy to fill with dentist and pharmacy copays so when we deducted medical expenses in a few years when we had expensive surgeries with out of network surgeons, I just ignored those. 
All you save is some income tax on the margin. It your expenses are that big you could bag the FSA but then have even more receipts to log. 
Even with an accountant or bookkeeper you still need to give them the receipts. 
I am not sure you need to hassle the portals because you only need what you pay, presumably there is a bill or invoice they send you or give you. That's what you deduct. [/quote]

What I am dealing with right now is that we do not get sent any invoices. For instance, my son has a therapist who bills me (charges my credit card on file) and then as a courtesy files with my insurance company. Insurance company sends me a small check for the part that they cover. Insurance EOB has all the numbers on it but they add extra numbers so it isn't immediately apparent (to my FSA) exactly what I paid out of pocket. Because insurance has their "allowable amount" and "part you are responsible for" (but since therapist is out of network, I'm responsible for more than just that if that makes any sense.

I don't actually see a bill from the therapist. There is an online portal but I just checked and there isn't any receipt there that I can print out. I think I have to call the therapist and get them to send me a year's worth of receipts...It's stuff like that.

But I can see that even trying to get this all organized for some online bookkeeper to help me out will be a lot of work; if I am going to go to all that effort I probably should just take a day off of work and sort it through myself. I'm sure I can do it, I just really really don't want to. [/quote]

OP, I dread task organization like that too, but after I do it I feel so good. If you get a system started it should be easy for you or a personal assistant to fill in. Once you know how much you spend, you can ask your accountant about the best way to tax advantage.

There are organizers on Etsy. I was recently looking for a financial one and came across some for health management - which I also need a better system for. Here are some I bookmarked, but I haven't used any.

https://www.etsy.com/listing/1853253375/medical-expense-tracker-google-sheets?ref=user_profile&pro=1
https://www.etsy.com/listing/1805235807/hsa-expense-tracker-google-sheets?ls=a&ref=listing_page_ad_row-3&pro=1&dd=1&plkey=LT861e2b9048e861f0b6f13a17e7489a3a62d973ae%3A1805235807&listing_id=1805235807&listing_slug=hsa-expense-tracker-google-sheets
https://www.etsy.com/listing/4367938856/medical-binder-printable-chronic-illness?ls=a&ga_order=most_relevant&ga_search_type=all&ga_view_type=gallery&ga_search_query=health+tracker&ref=sc_gallery-1-2&sr_prefetch=1&pro=1&sts=1&dd=1&nob=1&plkey=LTead19292ca5ec9a8d10bea0b762c3f89a8e8da54%3A4367938856[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics