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Medical Expenses for Disabled Dependent

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(@jmessner)
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Joined: 2 months ago
Posts: 3
Topic starter  

I realize this is (hopefully) an uncommon situation, but if you have a disabled dependent child, is there a way to input medical expenses so that the medical expenses inflation rate could be used? The Healthcare Expenses input handles both spouses only. Currently, the best I can come up with is entering costs as phased expense and pseudo-inflating it that way over time.



   
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(@smatthews51)
Member Admin
Joined: 5 years ago
Posts: 1139
 

@jmessner Could you put that expense in the Out-of-pocket expenses fields on the Healthcare Expenses page? I think that will work IF the disabled dependent child will be with you throughout the entire modeling period.

Stuart



   
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(@jmessner)
Active Member
Joined: 2 months ago
Posts: 3
Topic starter  

@smatthews51 That's a good idea. The assumption of full duration dependency related to medical expenses is probably reasonable from a modeling standpoint and better than my phased expense approach. Thanks.



   
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(@jmessner)
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Joined: 2 months ago
Posts: 3
Topic starter  

Wow, I logged on today and all of a sudden there's a phased expense inflator implemented. I can use that to show these expenses more explicitly rather than using the Out-of-pocket expense approach. Nice work!



   
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