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 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?
What are health reimbursement arrangements and how do they work? Q.What are health reimbursement arrangements and how do they work? A.HRAs are tax-advantaged employer-sponsored accounts used to reimburse employees for qualified medical expenses. HRAs are usually offered in conjunction with high-deductible health plans. Read more about What are health reimbursement arrangements and how do they work?
