Medical Insurance Premiums
Medical and hospitalization insurance premiums intended to cover medical expenses are allowable. This includes health, dental, and vision insurance. When a group policy does not specify how much of a premium is for each person, the amount is divided among those included in the policy. Only the portion of the insurance premium assigned to the elderly or participant with a disability is budgeted.
Costs for accident and disability insurance benefits are not allowed including any of the following:
● Benefits payable in lump sum settlements for death or dismemberment.
● Income maintenance policies that cover mortgage or loan payments (including auto loans) while the policyholder or beneficiary has a disability.