I purchased a "lifetime" emergency medical transportation membership in 2023 to cover any future emergency medical transportation expenses not completely covered by Medicare - such as flight for life - for the rest of my life. In doing so, I incurred a one-time expense - or premium - all paid in December of 2023. There will be no future premiums expenses incurred for the rest of my life.
Assuming I itemize deductions, can I deduct the entire cost of the lifetime membership on my 2023 tax return?
