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Medicare Supplemental Deduction


Guest gfeligonde
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Guest gfeligonde

A handful of employees have joined the ranks of the 'Working Aged' and are opting for Medicare as their primary insurance. I am being instructed that the employer will pay for the supplemental policy and that it is a deductible expense. All the references I can find say the opposite.

Could somebody please direct me to the actual rule. Either way, allowable or not, I need to be able to cite an authority rather than 'everybody says'.

Thank you,

gf

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Guest Ira Hayes

Working aged cannot deduct premiums for supplemenal coverage under Medicare Part A. Employer can deduct premiums for supplemenal coverage under Medicare Parts A or B per Treas.Reg 1.162-10(a)

A handful of employees have joined the ranks of the 'Working Aged' and are opting for Medicare as their primary insurance. I am being instructed that the employer will pay for the supplemental policy and that it is a deductible expense. All the references I can find say the opposite.

Could somebody please direct me to the actual rule. Either way, allowable or not, I need to be able to cite an authority rather than 'everybody says'.

Thank you,

gf

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