IRS: Medical Expenses to Include HCSM Memberships

IRS: Medical Expenses to Include HCSM Memberships

ISSUE The Affordable Care Act required workers to have “essential coverage” health insurance.  An exemption was “carved out” for Health Care Sharing Ministry (HCSM) memberships.  However, the HCSM payments were not included in “medical expenses” under I.R.C. Section...