GOP Destroys Valuable Medical Deduction with Tax Scam
From the House Democratic Leader's Press Office
Under the Ryan-McConnell tax bill, not only are
Nearly 9 million American households claim this deduction. Every day, it becomes more clear the
Several million people unlucky enough to face big medical bills not covered by their insurance would lose a valuable and versatile deduction under the
The medical expense deduction is also versatile. In addition to nursing home care, not generally covered by medical insurance plans, it can be used for:
--Fertility treatments.
--Transportation expenses to a top hospital, like a comprehensive cancer center.
--Laser surgery to correct vision problems.
--Some long-term care insurance premiums.
--Installing specialized medical equipment in a patient's home or vehicle.
--Dental procedures.
--Bills from out-of-network doctors.
The Hill:
The House Republican tax bill would eliminate the ability for individuals to deduct qualified medical expenses, a provision that could have major implications for households with extremely high health-care costs.
The Republican tax bill would wipe out a key medical deduction for many elderly Americans in nursing homes... The bill would repeal the medical expense deduction, which allows people who spend more than 10 percent of their income on out-of-pocket health costs to write them off.
"This would be a joke if the consequences weren't so serious," said
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