An expense which you can deduct from your income or capital gains. For example, you can deduct allowable business expenses from trading income, and allowable rental expenses from the income from letting property. Your tax liability will be calculated on the net income (gross income minus allowable expenses) or on the net gains (gross capital gains minus allowable expenses).
An allowable expense is an expense specified by an insurance plan to be eligible for payment either in part or whole.
Any claims that meet the criteria of the insurance policy which you are covered by.
Any necessary, reasonable or customary item of expense that is covered, at least in part, by one or more of the plans under which an individual is insured.
A necessary, reasonable and customary item of expense for healthcare, when the item of expense is covered by the Plan or any other Plan.
Any item of expense covered by the benefits plan that is necessary, reasonable, and customary. Such items are usually reimbursable.
Any necessary and reasonable health expense, part or all of which is covered under any of the plans covering the Member for whom claim is made.