Health insurance costs of eligible retirees The deduction allowed by section 224. . (c) Clerical amendment The table of sections for part VII of subchapter B of chapter 1 of such Code is amended by redesignating the item relating to section 224 as an item relating to section 225 and inserting before such item the following new item: Sec. 224. Health insurance costs of eligible retirees. . (d) Effective date The amendments made by this section shall apply to amounts paid in taxable years beginning after December 31, 2018.