6 May 2008 External T.I. 2007-0254661E5 F - Partie B Medicare -- summary under Private Health Services Plan

Regarding whether premiums paid to the U.S. Medicare (Part B) plan qualified for the medical expense credit, CRA stated:

Medicare appears to encompass the basic elements of being an insurance plan according to [IT-339R2, para. 3]. However, in order to qualify for the medical expense tax credit, it would be necessary to determine whether the only expenses covered by the plan are eligible medical expenses pursuant to subsection 118.2(2) and who is covered by the plan … .

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