Did You Know?
Most small employers who offer health benefits say it benefits their business in multiple ways.
Most small employers do not know that health insurance premiums are 100 percent tax deductible.
Two thirds of small employers do not realize that health insurance premiums are treated like general business expenses with regard to taxes.
About half of small employers are not aware that employees who purchase health insurance on their own generally cannot deduct 100 percent of their health insurance premiums.
About one third of small employers do not know that employees do not pay tax on their share of premiums that are paid by their employer.
Sixty percent of small employers are not aware that insurers may not deny health insurance coverage to them even when the health status of their workers is poor.
Source: EBRI, 2000.
