handling my health insurance, tip needed please

[Jason Ahrens]

Bob Alexander wrote:
> Dear friends,
> when I pay for some medical procedure, I register that on my "medical
> expenses" expense account and transfer it to either the credit card, cash or
> checking account depending on the payment method. So far it's simple :)
>
> Here is what I do not understand how to handle.
>
> I send that medical expense to my medical insurance company. After some time
> I get a reimbursing statement telling me how much of the original sum is
> reimbursed and will get a money transfer done from them on my bank account.
>
> what type of accounts and what transactions should I setup ?
>   

You already have all the accounts you need.

At this point, youy have a rebate from your Medical Expenses to your 
Bank Account

Asset:Bank Account - $40 Deposit
Expense:Medical - $40 Rebate

That's all there is to it :) Adjust as necessary for your account 
hierarchy complexity.

Jason