Document Type

Cal State Document

Publication Date

3-2007

Abstract

The treatment of health insurance and health care expenses in the Internal Revenue Code (IRC) is the primary means by which the federal government encourages health insurance coverage. For most working Americans and their families, tax treatment of health expenses depends largely on whether their health plan is paid for by an employer, whether they are self-employed, and whether they itemize deductions and have medical expenses that exceed 7.5 percent of their adjusted gross income (AGI)1 This brief describes federal tax incentives for health insurance, and their combined implications for costs and coverage.

Included in

Insurance Law Commons

Share

COinS