Medical Insurance and Sec 80D

Medical Insurance Premium & Section 80D Examples Let us see the above scenarios with examples.. Example : Mr Dev (35 years) has employer’s mediclaim coverage. He pays Rs 15,000 as premium. The coverage is applicable for Mr & Mrs Dev and their son. He has also included his parents (father 55 years & mother 52 years) under his employer’s medical insurance scheme. For parents coverage he pays Rs 20,000. He has also incurred Rs 8,000 for preventive health check-ups towards his family. Let us to know how much he can claim as total tax deduction under Section 80d? Since no one in the family has attained 60 years of age, Mr Dev can claim a tax deduction of Rs 40,000 (Rs 15,000 (for His Family) + Rs 20,000 ( for taking Mediclaim for His Parents) + Rs 5000(Preventive Health check up,, Max). for Health Insurance Related Services, Including Senior Citizen Mediclaim, U can call now 98401 77017 Devarajan www.starhealthdevarajan.com https://www.facebook.com/mediclaimagent #starhealth #mediclaim #seniorcitizen