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If you itemize your deductions, you pay for your health insurance yourself with after tax funds, or if you are self employed you may be able to deduct part or all of it in 2009.

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Q: Can you deduct your health insurance premium on your 2009 federal tax?
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What is the basic insurance premium for members of FEGLI the Federal Employees' Group Life insurance Program?

The basic insurance premium for the members of FEGLI, the Federal Employees' Group Life Insurance Program is 3%, which can be higher or lower depending on your health.


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Can you deduct health insurance premiums you paid?

If you file Schedule A (long form) you can deduct your health insurance premiums as a medical expense. If you pay this through your employer, most likely you have it paid from pre-tax income such as through a cafeteria plan, then you are not allowed to deduct the premiums.


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One of the most popular corporations known for offering premium health and dental insurance to its employees is Deckers. This is not the only corporation to offer premium health and dental insurance, as many corporations will provide insurance under the United States government through programs such as Medicare.


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