To amend the Internal Revenue Code of 1986 to allow a deduction for amounts paid for health insurance and prescription drug costs of individuals.

Amends the Internal Revenue Code to allow as a deduction, subject to limitations, an amount equal to the sum of the amount paid during the taxable year for: (1) insurance which constitutes medical care for the taxpayer and the taxpayer's spouse and dependents; plus (2) unreimbursed prescription drug expenses paid by the taxpayer for the taxpayer and the taxpayer's spouse and dependents.