Monday, 21 January 2019 11:56

Collins urges colleagues to lower medical costs

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NATIONWIDE - Republican Sen. Susan Collins is urging her colleagues to rein in rising medical costs.

Collins made her remarks from the Senate floor last week, asking fellow lawmakers to support legislation to assist families who are struggling to afford high medical costs.

 

Collins said she re-introduced legislation that would reinstate and make permanent a lower income threshold for the medical expense deduction.

 

"Our bill, the Medical Expense Saving Act, would once again allow taxpayers to deduct unreimbursed healthcare costs that exceed 7.5 percent of their income," she said. 

 

Collins said the deduction can also be used for other expenses Medicare generally does not cover, including dental treatment, vision care and certain transportation costs.

 

"Seniors can also use the medical expense deduction for expenses like wheelchair ramps, installing railing and support bars in bathroom, lowering or modifying kitchen cabinets and equipment."

 

Collins also spoke about the partial government shutdown, which she strongly opposes. She called on the president and her colleagues on both sides of the aisle to compromise on a plan that strengthens border security while allowing the hundreds of thousands of federal employees affected by the shutdown to return to work.