The tax code subsidizes health care consumption through credits, deductions, and exemptions, such as the exclusion for employer contributions to insurance plans. In fiscal year 2023, Treasury estimated these provisions to total $276 billion.
May 8, 2023
The tax code subsidizes health care consumption through credits, deductions, and exemptions, such as the exclusion for employer contributions to insurance plans. Before the pandemic, Treasury estimated these to total $286 billion in FY2020.
January 11, 2021
The tax code subsidizes health care costs through various credits, deductions, and exemptions, such as the exclusion for employer contributions to insurance plans. According to Treasury estimates, these tax expenditures will total $272 billion in 2019.
August 19, 2019