What tax provisions subsidize the cost of health care? Q.What tax provisions subsidize the cost of health care? A.A host of tax preferences for health care cost the federal government roughly $225 billion in income tax revenue in 2018. The largest is the exclusion from taxable income of employer contributions for health insurance premiums. Read more about What tax provisions subsidize the cost of health care?
How do health savings accounts work? Q.How do health savings accounts work? A.HSAs are tax-exempt savings accounts used in conjunction with a high-deductible health insurance plan to pay for qualifying medical expenses. Read more about How do health savings accounts work?
How much does the federal government spend on health care? Q.How much does the federal government spend on health care? A.The federal government spent nearly $1.1 trillion in fiscal year 2018. In addition, income tax expenditures for health care totaled $225 billion. Read more about How much does the federal government spend on health care?
