If the account beneficiary has attained age 65, are Medicare Part D premiums qualified medical expenses?
Yes. If an account beneficiary has attained age 65, premiums for Medicare Part D for the account beneficiary, the account beneficiary’s spouse, or the account beneficiary’s dependents are qualified medical expenses. See also Notice 2004-2 [DOC], Q&A-27, and Notice 2004-50, Q&A-4 and Q&A-45, regarding Medicare Parts A and B.
Related Questions
- If a current Medicare beneficiary has outstanding workers= compensation or liability related medical services or prescription drug claims that were not paid prior to the settlement is it Medicare or the Medicare Set-aside that pays those claims?
- Can a plan offer reductions in premiums or enhanced benefits based on the length of a Medicare beneficiarys membership in the plan?
- Can I pay my spouses health insurance premiums through my Medical Expense Reimbursement Flexible Spending Account (FSA)?
