Older Americans Economic Security Act of 1993

Older Americans Economic Security Act of 1993 - Amends the Internal Revenue Code to allow a tax deduction for qualified elderly care expenses which exceed five percent of the taxpayer's adjusted gross income.

Allows a charitable deduction to physicians and registered professional nurses for medical services or goods donated to elderly individuals.

Allows tax-free withdrawals from individual retirement accounts to pay long-term care expenses or to purchase insurance covering such expenses.