Can I deduct health insurance premiums paid from by bank account to former employer retiree health insurance plan?

Forum|Forum|3 months ago
April 10, 2026
1 reply
72 views

I am retired and offered retiree health insurance coverage benefit by former employer. The monthly insurance premiums are directly debited as an ACH transaction from my bank account by former employer. Can I deduct these post tax premiums paid?

FYI, currently working for another employer and not signed up for health benefit plan.

DavidD66

Level 15

If you were self-employed you could deduct your health insurance premiums. I doesn't sound like you are self-employed, therefore, the only way you can deduct your premiums if you itemize deductions, and then only to the extent that your medical expenses (including health insurance) exceeds 7.5% of your Adjusted Gross Income (AGI). It's a pretty high bar.

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