HEALTH PRACTITIONER GRT DEDUCTION SUNSET

HB 338 extends the expiration date for a tax deduction that health care practitioners can use to reduce their taxable gross receipts by certain patient payments, changing the deadline from 2028 to 2031. It expands the deduction to include coinsurance, copayments, and deductibles paid by patients for commercial health insurance plans (excluding Medicare and Medicaid services). This affects licensed health care professionals like doctors, dentists, nurses, and therapists who provide services under commercial contracts with insurers. The deduction must be reported separately and is only applied after other allowable tax deductions are taken.