You may only deduct amounts paid for long-term care insurance policies during the tax year to the extent the amounts paid for premiums were not deducted from your federal taxable income.

Long-term care insurance policy means any insurance policy designed to provide coverage:

• For not less than 12 consecutive months; and
• For medically necessary services provided in a setting other than an acute care unit of a hospital.

Long-term care insurance does NOT include any insurance policy that is offered primarily to provide:

• Basic Medicare supplement coverage
• Basic hospital expense coverage
• Basic medical-surgical expense coverage
• Hospital confinement indemnity coverage
• Major medical expense coverage
• Disability income or related asset-protection coverage
• Accident only coverage
• Specified disease or specified accident coverage
• Limited benefit health coverage

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