Can you claim what pay for health insurance?

In the United States, health insurance premiums paid by an individual or their employer are generally considered a pre-tax expense and can be deducted from taxable income. The deduction applies to both individual health insurance premiums and employer-sponsored group health insurance premiums.

For individuals, health insurance premiums can be claimed as an itemized deduction on their personal income tax returns. To qualify, the premiums must be paid for qualified health insurance plans, which include employer-sponsored health plans, individual health insurance plans purchased through the Marketplace, and certain other types of health insurance plans.

For employers, health insurance premiums paid for employees are typically considered a business expense and can be deducted as such from the employer's taxable income. This includes premiums for both group health insurance plans and individual health insurance plans provided to employees.

It's important to consult with a tax professional or refer to the latest IRS guidelines for specific details on claiming health insurance premiums as a deduction. The tax treatment of health insurance premiums may change over time, so it's recommended to stay up-to-date on the most recent rules and regulations.