Tax Treatment of Sickness and Injury Plans

CPAs, EAs, CRTPs

Health insurance, now a central component of personal well-being, is a relatively recent development in the promotion of public health. Over time, significant changes have occurred in how health care services are delivered and financed, including the rise of various tax-favored health plans. This course explores the evolution of health insurance and provides an in-depth look at the different types of tax-advantaged health plans available today.

• Identify the tax treatment of premiums for and benefits from health insurance policies
• Apply the rules governing health savings accounts and Archer medical savings accounts
• Recognize the tax treatment of health reimbursement accounts
• Compare the tax treatment of employer-paid and individually-paid disability income insurance policies
• Apply the tax rules governing business-related disability coverage
• Identify the tax treatment of long term care insurance