May 11 will mark the end of the federal public health emergency for COVID-19, bringing changes to health care and public benefits.
Q&A on the End of the COVID-19 Public Health Emergency
Issues: employer-provided health insurance
Employer Premiums and the ACA
White House Press Secretary Sean Spicer claimed that “because of Obamacare, premiums on everybody have gone up … whether you’re in an employer-based system or not.” Employer premiums have been affected somewhat, but they’ve been growing at historically low rates for several years.
Health Care Law and W-2 Forms
Q: Does the new health care law require workers to pay income tax on the value of employer-provided health insurance?
A: No. The value will appear on employees’ W-2 forms for information purposes, but will not be considered taxable income.