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Another big bit is tax deductions. I believe when the employer provides healthcare, the amount they pay and the employee pays is 100% pre-tax. If you pay for
by kyrra 6y ago
Another big bit is tax deductions. I believe when the employer provides healthcare, the amount they pay and the employee pays is 100% pre-tax.
If you pay for medical insurance yourself, it starts getting complicated[0]. They honestly just need to make it so any medical insurance payments should be 100% deductible, regardless of anything else. It would help level the playing field.
[0] https://www.investopedia.com/are-health-insurance-premiums-tax-deductible-4773286 https://www.investopedia.com/are-health-insurance-premiums-t...