Episode

[Health Insurance] 65, Tax Treatment of Individual Health Insurance Premiums

Podcast
Insurance Exam Prep
Published
May 31, 2026
Duration seconds
164
Processing state
not_requested
Canonical source
https://open-exam-prep.com/
Audio
https://episodes.captivate.fm/episode/2bc4380b-22c9-4932-980a-35309f34afc2.mp3
JSON
/v1/public/podcasts/insurance-exam-prep-7644557/episodes/health-insurance-65-tax-treatment-of-individual-health-insurance-premiums
Markdown
/podcast/insurance-exam-prep-7644557/health-insurance-65-tax-treatment-of-individual-health-insurance-premiums.md

Actions

  • POST https://stenobird.com/v1/public/podcasts/insurance-exam-prep-7644557/episodes/health-insurance-65-tax-treatment-of-individual-health-insurance-premiums/transcription-requests
    Idempotently request low-priority transcript generation for this episode.
  • GET https://stenobird.com/podcast/insurance-exam-prep-7644557/health-insurance-65-tax-treatment-of-individual-health-insurance-premiums.md
    Read the agent-friendly Markdown representation of this episode resource.

Summary

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - Self-employed individuals can take an above-the-line deduction for health insurance premiums, up to the net profit of the business. - Employees paying for individual policies with after-tax dollars can only deduct premiums as an itemized medical expense. - The itemized deduction for medical expenses is only for costs that exceed 7.5% of Adjusted Gross Income (AGI). - Marketplace plans may offer a Premium Tax Credit to lower costs, which is a credit and not a deduction. - COBRA premiums are treated as a standard medical expense, subject to the 7.5% AGI floor, with no special tax treatment. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep