Is Employer-Subsidized Insurance Causing Higher Healthcare Costs?
Monday, October 6th, 2008
photo credit: Progress Ohio
If you’re in a position where you have to buy your own health insurance, you’re probably grumbling about it for many reasons, not the least of which is that you don’t enjoy the same tax breaks on health insurance that employer-subsidized insurance does.
When you’re lucky enough that your employer pays for your health insurance, every cent they contribute in health insurance premiums is 100% tax-free. Basically this means you enjoy the protection of health insurance at a discount, which you wouldn’t get if you were responsible for buying it yourself.
