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FOM1 805805.5 Introduction A national health insurance program, better known as Medicare, was enacted in 1965 (Title XVIII of the Social Security Act) for individuals age 65 and over who are insured
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What is health insurance and health?
Health insurance is a contract between an individual and an insurance provider that covers medical expenses. Health refers to the overall physical and mental well-being of an individual.
Who is required to file health insurance and health?
Generally, individuals who have health insurance coverage and those who are required to report this coverage on their tax returns must file health insurance information.
How to fill out health insurance and health?
To fill out health insurance information, individuals typically need to gather details about their insurance plan, including policy numbers, coverage types, and provider information, and accurately complete the necessary forms during tax filing.
What is the purpose of health insurance and health?
The purpose of health insurance is to provide financial protection against high medical costs and to promote access to health care services for individuals.
What information must be reported on health insurance and health?
Individuals must report information such as the type of health coverage, the insurance provider, and the duration of coverage for the tax year.
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