MERP Write offs

 Wonder what you can write off as a business expense when you set up a medical expense reimbursement plan?

Here’s detailed list of medical expenses that you can write off as business deductions if you form a Medical Expense Reimbursement Plan (MERP) Section 105 tax deduction.

Eligible medical expenses that can be reimbursed include:

Insurance:

  • Health insurance premiums (Paid Out of pocket or withheld from spouses check)
  • Major medical premiums
  • Dental insurance premiums
  • Long-term care premiums
  • Contact Lens insurance
  • Cancer insurance
  • Sports insurance
  • Supplemental Premiums
  • Medicare, Part A (Only voluntary entroll premiums)
  • Supplemental medicare insurance (include Medicare Part B)
  • Hearing aid insurance
  • School insurance

Other Medical Expenses:

  • Abortion (Legal)
  • Acupuncture
  • Alcoholism Treatment (including AA)
  • Artificial Limbs & Teeth
  • Braces
  • Breast Reconstruction Surgery (following mastectomy for cancer)
  • Birth Control
  • Braille Books and Magazines
  • Chiropractor
  • Christian Science Practitioner
  • Clinics
  • Contact Lenses & Supplies
  • Co-payments
  • Crutches
  • Deductibles
  • Dental treatments, implants, braces (no teeth whitening)
  • Drug addition treatment
  • Exams
  • Eyeglasses
  • Eye surgery (includes laser eye surgery & radial keratotomy)
  • Fertility enhancement
  • Hand Controls for Car
  • Handicapped Accessibility Improvements
  • Health Care supplies (diabetic syringes, casts, bandages, etc)
  • Hearing Aids
  • Hospital Care
  • Labs
  • Lead based paint removal
  • Lodging ($50 per person/$100 per night)
  • Long-term care (qualified amounts only)
  • Medical conferences (for chronic illnesses for you or family members)
  • Medicines & drugs (doctor prescribed)
  • Nursing Care (In-home)
  • Nursing Homes
  • Orthopedic Shoes
  • Oxygen Tanks
  • Physicians
  • Psychiatric care
  • Psychoanalysis
  • Seeing Eye Dog & maintenance for the blind
  • Special Education
  • Sterilization
  • Stop Smoking Programs (Doctor prescribed)
  • Surgery
  • Tests
  • Therapy (mental & physical)
  • Transplants
  • Transportation (to medical care & special schools)
  • Treatment Programs
  • Trips to medical care
  • TTY Equipment
  • Tuition for special schools (handicapped, learning disabilities, visually or hearing impaired, etc)
  • Vasectomy
  • Weight Loss Programs (doctor prescribed)
  • Wheel Chairs & maintenance
  • Wigs (Hair loss due to condition or disease)
  • X-Rays

The following expenses do not quality for Section 105 Plan (MERP):

  • Cosmetic Surgery (facelifts, hair transplants, teeth whitening, liposuction)
  • Health club dues
  • Illegal operations & treatments
  • Maternity Clothing

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