To be clear, are you planning to sign up for Medicaid with a share of the cost of premiums? Medicaid premiums vary by state and income, and may also include cost-sharing requirements.
Reimbursement for premiums paid would not be taxable unless you already took a medical expense deduction on your tax return for the premiums.
If you have medical expenses that are reimbursed by a Health Reimbursement Arrangement (HRA), you can't include those expenses in your medical expenses.
See IRS Publication 502 for more information about the tax aspects of medical expenses.
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