Who has health insurance coverage? Q.Who has health insurance coverage? A.Ninety percent of nonelderly individuals were covered in 2016, with rates rising sharply with income. The repeal of the individual mandate in 2019 is projected to reduce the percent covered by four percentage points. Read more about Who has health insurance coverage?
How does the tax exclusion for employer-sponsored health insurance work? Q.How does the tax exclusion for employer-sponsored health insurance work? A.The exclusion lowers the after-tax cost of health insurance for most Americans. Read more about How does the tax exclusion for employer-sponsored health insurance work?
What is the Cadillac tax? Q.What is the Cadillac tax? A.Employer-sponsored health benefits whose value exceeds legally specified thresholds will be subject to a 40 percent excise tax, starting in 2022. The so-called Cadillac tax will be levied on insurance companies, but the burden will likely fall on workers. The tax will effectively limit the tax preference for employer-sponsored health insurance. Read more about What is the Cadillac tax?
