Retiree medical allowance

[Always The Herd]

I received a "Retiree Medical Allowance" balance from my employer approx. 8 years ago (they actually did away with medical coverage for future retirees). All of this money is administered by a company called Beneflex.
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I can use this money to purchase a monthly "premium" insurance policy or a Cobra policy. I am required to send a receipt to Beneflex. I am then reimbursed out of that account for the premium payments I made.
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My question is this: Can I count the monthly premiums as a medical expense on my 2014 taxes?

Thank You for your guidance.

 

[herdfan06]

REPOST

 

[banker6796]

I would buy Alzheimer's coverage with that money if I were you.

 

[herdfan06]

Originally posted by banker6796:
I would buy Alzheimer's coverage with that money if I were you.

 

[Always The Herd]

I have received some replies that the premiums are not allowed.....but can you explain why not?

 

[herdfan429]

Call the irs or go to hr block/CPA. Do something on your own. Sometimes I wonder how you ever procreated
Posted from Rivals Mobile

 

[alphasig1053]

Can you explain why you think it should be?