Here are three of the more common types of professional liability insurance: 1  Malpractice insurance: This coverage is designed especially for medical professionals. It protects against suits that allege negligence or mistakes.
June 28, 2009. Besides regular income tax, federal laws require your employer to collect Social Security and Medicare taxes separately and send in the money to pay for your coverage under these plans. OASDI is the government acronym for Old Age, Survivor and Disability Insurance, better known as Social Security. Pay slip with pen and notebook.
Best Answer: OASDI is the old age, survivor, disability income portion of your Social Security tax. It is 6.2% of your gross pay up to $102,000. HI is the Medicare (health insurance) portion of your Social Security tax. It is 1.45% of your gross pay, without limit.