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Tax Preference for Employer-Sponsored Insurance

Under the current tax code the amount employers spend on health insurance is tax deductible and not considered taxable compensations; similarly, employees’ contributions toward their premiums can be made with pre-tax dollars. Individuals purchasing insurance on their own do not benefit from the same preferential tax treatment.

Affordable Care Act (ACA)

Commonly used shorthand for the Patient Protection and Affordable Care Act, the 2010 health care reform law signed by President Obama; often referred to as…