Self-Insured Medical Plans: Tax Trap For The Unwary
Changing from a fully insured plan to a self-insured arrangement, however, carries with it a potential tax trap that can inadvertently create significant tax liabilities for an employer’s most valuable employees.
Moreover, the employer may also incur economic loss if the affected employees look to it to be made whole for their unexpected liability.
The issue arises because most welfare benefits, including medical...
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