Comment by y7
5 days ago
> The obvious solution is to make it tax-deductible.
Or make employer paid health insurance count as income and therefore not tax-deductible.
5 days ago
> The obvious solution is to make it tax-deductible.
Or make employer paid health insurance count as income and therefore not tax-deductible.
True. Total employee compensation is around 145% of their salary. The government could tax that extra 45%, but I doubt that would fly politically.
Typical accounts of employee compensation only measure wages and salaries. I've only seen the WSJ using total employee compensation, which is a far more realistic figure.
That's how it works in the UK