Tracking U.S. Health Expenses with Beancount
Accounting for health-related expenses in the U.S. is slightly different from typical expense tracking because it usually involves insurance. In this post, we’ll walk through how to use Beancount to track your healthcare expenses in the U.S. How Healthcare System Work in US How healthcare system works In its simplest form, the healthcare system typically works as follows: You visit a healthcare provider who delivers medical services to you. The provider submits claims to your insurance company. The insurance company verifies the claims and pays a portion (or all, depending on your coverage). Once the claims are processed, the healthcare provider sends you a bill for the remaining amount. The insurance company also sends you an Explanation of Benefits (EOB), detailing how your medical claims were processed based on your plan. As a patient, there are two important documents you should pay attention to: ...