If one cuts that sort of thing, the general feeling of economy of that kind, then it will seep down through the organisation.
You may be able to deduct a portion of your Medicare Part B premiums on your income taxes. But to do so, you will need to have significant total medical expenses, and you must itemize your tax deductions.art B is a supplemental insurance program within Medicare that pays for treatments and procedures not covered by Medicare's basic program, known as Part A, which applies to care received in hospitals and nursing homes. Medicare recipients have to pay premiums for Part B coverage.
1 If youâre paying for individual health insurance out of your own pocket with no other tax break, you can deduct these expenses. 2  However, if youâre part of a group policy through your workplace and you pay the premium with pre-tax money, youâve already gotten your tax break â you canât deduct the same costs twice.ou canât deduct anything that already gives you a tax break, and if you pay for your medical premiums with pre-tax money, then you canât include the expense in your deductions. Still, you can find plenty of premiums that you can deduct, including the following: 1  Insurance Premiums.