Long-Term Care Improvement Act of 2006 (H.R. 6405)

Overview:

109th Congress (2005-2007)

Type: Tax Deductions; Use of FSA Funds and Cafeteria Plans

Key Components:

  • Amend the IRC to: (1) allow individuals a tax deduction for LTC insurance premiums; (2) allow LTC insurance to be offered in cafeteria plans and FSAs; and (3) make certain consumer protection provisions applicable to LTC insurance contracts.

Key Authors:

  • Rep. Heather Wilson (R-NM)
    House Ways and Means

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