Is Medicare supplemental insurance deductible?

Answer No matter what type of Medicare supplemental insurance you use, you can claim it as an itemized, deductible medical expense when filing your taxes. The premium you pay on the insurance each month i... Read More »

Top Q&A For: Is Medicare supplemental insurance deductible

Medicare Supplemental Insurance Levels?

At an additional cost, Medicare beneficiaries can purchase Medicare supplemental plans, also known as medigap plans. These plans are used in conjunction with Original Medicare. They supplement cost... Read More »

Is ConnPACE Medicare supplemental insurance?

ConnPACE is not Medicare Supplemental Insurance; rather, ConnPACE is a prescription drug program that covers most medications, insulin and syringes. Administered by the Connecticut Department of So... Read More »

How to Compare Medicare Supplemental Insurance Plans?

Compare Medicare Supplement PlansComparing the available Medicare Supplement plans on the market is the first step in finding the right plan for you. Do not merely take the advice of someone who wo... Read More »

Are supplemental health insurance premiums tax deductible?

You are allowed to deduct health insurance premiums, including supplemental health insurance premiums, from your income on your federal income tax as long as you are not reimbursed for the expenses... Read More »