Medical eXpense Tracking - 6.1

MXT was created to assist the tracking of tax-deductible medical expenses, health insurance annual deductibles, coinsurance limits, co-pays, payments, patient payments, and residual balances. MXT can track medical expenses and payments by most insurers, including Medicare. MXT provides the user an interface to record and summarize insurance plan benefit period's approved charges, deductibles, coinsurance amounts, co-pays, insurance payments, patient payments, and remaining unpaid balances. Accounting is provided for both Primary & Secondary Medical Insurance Policies, Dental Insurance, separate Drug Insurance Plans, and Medicare Parts A, B, & D. The user can generate reports for individuals covered by separate policies and/or family policies including multiple family members, or a combination of the two. With this reporting ability, it is possible to monitor when deductible or coinsurance limits have been reached or exceeded, verifying the accuracy with which your insurance company applies the limits in your policy contract. Additionally, the tax-payer can track his/her tax-deductible medical expenses, including those not covered by insurance as well as those that are. MXT can create tax or calendar year medical expense/payment reports for individuals or for those filing taxes jointly. These reports can be use to complete Form 1040 Schedule A Medical and Dental Expenses. MXT is a greatly enhanced version of the previously released MET (2004-2005). The GUI has be significantly modified, increasing the user friendliness of the application, allowing the instruction manual to be reduced in volume and integrated into an "online" tutorial. In addition to the previous record sort functions, the user can now search records for underpaid or pending insurance payments or by user specified criteria. Individual records that need special attention can be "flagged" for later recall. Individual records can be printed. The Report Module can generate & print user specified detailed or summary reports for Insurance Payment Status, for Tax Deductible Payments, and for Travel Expenses. Additionally, there are reports for Provider Account Payment Status, Appointment History, and Prescription History. A new module has been added, allowing the user to compile detailed personal and family medical histories - these reports are suitable for printing. In addition to Private Healthcare Insurance, the user can now easily track additional insurance plans for Dental Coverage, separate Drug Plans, Medicare Part A, Medicare Part B, Medicare Part D, and Secondary Insurance. Deductible and Coinsurance Limits can be tracked for all but Secondary Insurance Plans. Individual records are now easily identified as to the payment status of the medical expense, alerting you to pending or underpaid insurance. The application package is now supplied with an easy to use installer. This is a final beta version, with the application being made available for purchase in mid to late December 2005. The final version is a no-fee upgrade to current licensees. A free 10 year user license will be awarded to all non-licensed users who report a verifiable software bug to the author before the final version is released in December.