Home
 
 

Is GlobalMedID Tax Deductible?

Yes, GlobalMedID is considered a Medical Information Plan and qualifies as a Health Spending Account (HSA). According to the IRS, "you can include in medical expenses amounts paid to a plan that keeps medical information in a computer data bank and retrieves and furnishes the information upon request to an attending physician". For more information, see IRS publication 502.



Click here to return to the main FAQ page.


 
Site Map Terms of Use Privacy Statement