SB 7 - This act allows an income tax deduction equal to one hundred percent of the amount paid for insurance premiums and out-of-pocket medical expenses to the extent such amount is included in federal adjusted gross income and not otherwise excluded from Missouri adjusted gross income. The term "out-of-pocket medical costs" is defined as those medical expenses allowable pursuant to section 213 of the Internal Revenue Code and federal rulings interpreting section 213 of the Internal Revenue Code. JASON ZAMKUS