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Tax Exclusion For Health Benefits Could Be Part Of 'Fiscal Cliff' Talks

December 14, 2012

As the deficit debate continues, some policy wonks think it’s inevitable that negotiators will address a loophole that allows workers to avoid paying taxes on the value of their job-based health insurance.

“The No. 1 tax expenditure is employer-provided health insurance,” said G. William Hoagland, a senior vice president at the Bipartisan Policy Center, who spoke Thursday at a conference sponsored by the Employee Benefit Research Institute. “There’s no way on God’s green earth … that we will not see that exclusion on the table.”

Read the full story: http://bit.ly/lzzeJp

Source: Kaiser Health News