Health Insurance Income. This 7.5% rule is typically disadvantageous mathematically, unless you have significant other medical expenses in addition to your insurance premiums. Here’s how incomeshield complements your medishield life coverage.
The aca offers financial assistance that reduces. You can deduct your health insurance premiums—and other healthcare costs—if your expenses exceed 7.5% of your adjusted gross income (agi). Stride data shows nearly 40% of gig workers who enrolled in health insurance in 2021 were paying less than $1 a month.
