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Job-based health coverage gives taxpayers a positive ROI, American Benefits Council says - BenefitsPro

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According to the council, U.S. companies spend more than $5 on health benefits for every $1 of tax revenue lost.

Cost-share chart In a system without a tax exemption for employer-sponsored health insurance, the federal government might have received an additional $152.5 billion in tax revenue that year.

Employer-provided health care coverage provides a healthy return on investment for U.S. taxpayers, according to the American Benefits Council.

“It is no surprise that public polls reveal the popularity of job-based health coverage, because we all know it is the high-quality, affordable coverage that people want to keep,” said James A. Klein, president of the council. “Less well known is that employer-provided health coverage is an enormous bargain for American taxpayers. A simple calculation shows that U.S. companies spend more than $5 on health benefits for every $1 of tax revenue lost.”

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