Scored 8/10 on whether it helps or hurts everyday people.
The Medicare Premium Bill
Medicare premium tax credit could lower seniors' tax bills
An Act Establishing A Medicare Premiums Tax Credit Against The Personal Income Tax.
Good for everyday people ·
If passed, the bill would let people subtract what they pay for Medicare from the amount of income tax they owe.
Our take
What we think, in plain words.
The bill could put money back in seniors' pockets by lowering their tax bill, making Medicare more affordable, but it also means the state loses tax revenue that could fund other services.
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The facts
What the bill actually says, no spin.
- The bill creates a tax credit for Medicare premiums.
- The credit is applied against personal income tax.
- It covers both Medicare and Medicare Advantage plans.
- Sponsored by Sen. Jason Perillo and Rep. Ben Mcgorty.
- Referred to the Joint Committee on Finance, Revenue and Bonding.
In the news
Scanning the news for this bill…
Headlines gathered from across the news, starting points to explore, not endorsements. Always read the official text before acting.
Sources
Read it yourself: the official bill and records.
This bill is in the Connecticut Bill Book 2026
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