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Committee debates tax exclusion for employer contributions to health care sharing programs; no vote due to fiscal impact
Summary
House Bill 1698 would extend the same income-tax exclusion that employers receive for health insurance contributions to contributions for health care sharing ministries or similar medical cost-sharing programs; committee discussion was informational and no vote was taken because the bill has a fiscal impact.
Representative Randy Torres, R-17, presented House Bill 1698 to allow employers’ contributions to health care sharing ministries or similar medical cost-sharing programs to be excluded from taxable income in the same manner as employer-paid health insurance.
Torres said the…
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