How do flexible spending accounts for health care expenses work? Q.How do flexible spending accounts for health care expenses work? A.A health care flexible spending account is a tax-advantaged employer-sponsored account used to reimburse employees for qualifying health care expenses. Read more about How do flexible spending accounts for health care expenses work?
How much does the federal government spend on health care? Q.How much does the federal government spend on health care? A.The federal government spent nearly $1.5 trillion on health care in fiscal year 2022. In addition, income tax expenditures for health care totaled $300 billion. Read more about How much does the federal government spend on health care?
How does the tax exclusion for employer-sponsored health insurance work? Q.How does the tax exclusion for employer-sponsored health insurance work? A.The exclusion lowers the after-tax cost of health insurance for most Americans. Read more about How does the tax exclusion for employer-sponsored health insurance work?