Employers receive a $200 billion tax break from the federal government for providing health insurance to their employees.

Question

Quizplus · Accepted Answer

This is true. Employers receive a tax break called the employer-sponsored insurance (ESI) exclusion, which allows them to provide health insurance to their employees without having to pay taxes on the funds used to purchase the coverage. The estimated value of this tax break in 2020 is $280 billion.

Employers Receive a $200 Billion Tax Break from the Federal