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of <h1>Section 80D: Deduct health insurance premiums, preventive check-up costs and certain medical expenses for individuals and HUFs</h1> Individuals and Hindu undivided families may deduct specified payments for health insurance premiums, preventive health check-ups and, in certain cases, medical expenditure from taxable income. For individuals the law allows aggregate deductions for self/family and for parents subject to monetary caps (standard limit and higher limits where the insured is a senior citizen), with a separate small cap for preventive check-ups and rules restricting cash payment to check-ups only. HUFs have analogous limits. Lump-sum prepaid premiums are apportioned over coverage years. Eligible insurance must be under schemes approved by the insurer regulator or the designated government corporation.
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