Deductions available under the two main Subsections of Section 80DSection 80DDBSection 80DDB of the Income Tax Act enables you to encash your health insurance policy to seek treatment for approximately 35 types of critical illnesses including different types of cancers, brain tumour, Alzheimer’s, paralysis, strokes, heart attack, coronary artery diseases, kidney failure, etc. Individuals suffering from or bearing the cost of family members suffering from critical illnesses can avail additional tax deductions of₹40,000 for patients under 60 years₹60,000 for patients between the ages of 60 and 80 years₹40,000 for patients above 60 yearsIndividuals filing for tax deductions under Section 80DDB should provide certificates and documents highlighting the cost and treatment while filing tax returns.Section 80 DDCTaxpayers who have family members or dependents suffering from disabilities can avail tax deductions under Section 80DD, another sub-section of Section … [Read more...] about Health Insurance Section 80D: Get a Complete Guide on Section 80D Health Insurance
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Also, the law says, "An adult earning member (irrespective of marital status) can be treated as a separate household, provided that he/she does not own a pucca (an all-weather dwelling unit) house in his / her name in any part of India." Which means that even if children (be it married or unmarried) are staying with their parents in a house owned by the parents (or on rent, in the same or another city), they can opt for PMAY scheme benefits provided they are earning and don't own any other home. A married couple living on rent -- even if their parents own a house -- will come under the eligible category as they will be treated as a separate household. But, the PMAY benefits will be extended to only one of them of the both together (as a joint-ownership). … [Read more...] about PMAY Subsidy: Learn How PMAY Subsidy Make Home Loan Cost Effective
Madara’s example is not an anomaly. Still, artificial intelligence is increasingly being added to doctors’ workflows—and big companies are involved. Despite public backlash to Google’s quiet partnership with Ascension, which involved the company accessing patients’ data without their explicit consent, the two companies are continuing to partner (notably, the two biggest health record companies, Epic and Cerner, have decided not to work with Google). “Super super proud of our work with Ascension,” said David Feinberg, head of Google Health, at a conference hosted by Startup Health. In that work, Google is developing machine learning algorithms to help doctors sift through electronic health records—like Google search for doctors. More specifically, the platform aims to organize patient records in a cohesive way. The work is currently ongoing at two hospitals, and Feinberg indicates that it will eventually be coming to more Ascension … [Read more...] about Can high-tech capitalism fix the healthcare industry?
Whether they need medicine to manage a chronic illness or emergency care after an accident, Americans are struggling to pay their medical bills. Facing sky-high out-of-pocket costs, many have turned to crowdfunding sites, asking family, friends, and even strangers to give what they can. And those family, friends, and yes, even strangers, are giving: One in five Americans say they or someone in their household have contributed to a crowdfunding campaign to pay for someone else’s medical bills or treatments, according to a new survey. … [Read more...] about 50 million Americans have helped crowdfund someone’s medical bills
2 p.m. I do a quick check-in on Instagram and Facebook and scroll through some of the photos our recipients are posting to see how arrangements [look] when they arrive. Social is kind of a slippery slope on holidays; it’s easy to get sucked down the rabbit hole. Valentine’s Day, in particular, is hard for me. Most of the year, the majority of our customers are women buying for other women. For Valentine’s Day, this flips on its head, and for most men, the stakes feel really high. So if anything goes wrong, it can get hairy in the comments section. Flowers sitting on frozen porches all day is one of the biggest culprits this time of year. I have some incredible team members who handle the majority of this now, but I can’t help but look and address some of it myself during these busy times. … [Read more...] about Farmgirl Flowers CEO Christina Stembel normally sleeps just 4 hours per night