Health insurance is so central to the health and well-being of people that it may be hard for many Americans to believe it could ever have been a less important factor in helping to promote good health than it is today. In fact, health insurance as it is recognized today is a relatively recent development.
Since the early development of health insurance coverage, many changes have occurred in the manner in which health care services are delivered and paid for. Among those changes is the emergence of various tax-favored health plans. This course will examine many of those tax-favored health plans.
Learning Objectives
After completing this course, you will be able to:
Chapter 1
Identify the tax treatment of personally-owned health insurance premiums and benefits;
Compare the tax treatment of personally-owned health insurance premiums paid by self-employed taxpayers and taxpayers who are not self-employed; and
Apply the rules governing the tax treatment of employer-paid health insurance premiums and benefits.
Chapter 2
Identify the tax treatment given to -
Archer Medical Savings Accounts,
Health Savings Accounts, and
Health Reimbursement Arrangements; and
Calculate the contributions that may be made to -
Archer Medical Savings Accounts, and
Health Savings Accounts.
Chapter 3
Compare the tax treatment of premiums for and benefits paid under individually-paid and employer-paid disability income policies;
Identify the tax treatment of premiums for and benefits paid under various business-related disability policies; and
Apply the tax rules to long term care premiums and benefits.
Major Topics
Health Insurance Coverage
Personally-owned Health Insurance
Employer-Paid Health Insurance
Tax Favored Health Plans
Medical Savings Accounts
Health Savings Accounts
Disability and Long-Term Care Insurance Coverage
Disability Income Policies
Qualified Long Term Care Insurance Policies
