Cox Bill Would Let Individuals Deduct Health Care Costs


Rep. Christopher Cox, R-Calif., introduced H.R. 5705, which would allow individuals to deduct expenses not reimbursed by insurance or other benefits, for medical care of the taxpayer, the taxpayer's spouse, or a dependent.

Document Type: Congressional Record

Tax Analysts Document Number: Doc 2002-25654 (1 original page) [PDF]

Tax Analysts Electronic Citation: 2002 TNT 225-48

Citations: H8060; Health Care Freedom of Choice Act (8 Nov 2002)


=============== SUMMARY ===============


Rep. Christopher Cox, R-Calif., introduced H.R. 5705, which would allow individuals to deduct expenses not reimbursed by insurance or other benefits, for medical care of the taxpayer, the taxpayer's spouse, or a dependent.

"By putting the medical choices made by individuals on an equal footing with the medical choices made for them by their employers and third parties, the Tax Code can encourage greater choice and competition, thereby reducing the cost of necessary insurance for all," the bill's text says.


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By Mr. COX:

H.R. 5705. A bill to improve health care choice by providing for the tax deductibility of medical expenses by individuals; to the Committee on Ways and Means.

By Mr. COX:

H.R. 5706. A bill to repeal the Federal estate and gift taxes and the tax on generation-skipping transfers; to the Committee on Ways and Means.



Code Section: Section 213 -- Medical Expense
Geographic Identifier: United States
Subject Area: Health care tax issues
Individual income taxation
Legislative tax issues
Industry Group: Health care
Cross Reference: For text of H.R. 5705, see Doc 2002-25655 (5 original pages) [PDF].
Author: Cox, Rep. Christopher
Institutional Author: House of Representatives