Employed and Uninsured
Why should I participate in my employer's health
- Participating in your employer's health insurance
program is a TAX SAVINGS. Here's why: Your premium contributions are made on a
pre-tax basis through payroll deductions. Thus, you are taxed on lower wages,
so you have fewer taxes taken out of your paycheck. This savings helps reduce
the cost of your premium contribution and makes it more affordable.
- group health insurance offered by an employer often
costs the employee much less than if he or she purchased an individual health
plan policy because the employer often pays for part of the cost.
Go to the Health Benefits Tax
Savings Calculator for Employees to discover your potential tax savings by
participating in your company's health plan, and see how these savings help
reduce your contributions to your company's health plan premiums.