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Are funds from health insurance for groceries taxable income?
As confirmed by Shall I report Member Rewards incentive payments from my health insurance for choosing a certain med..., I realize that "Medical Rewards" incentive payments from health insurance [for things like learning about the "Medical Rewards" program, getting a (paid-for-by-insurance) annual physical exam, etc.] *are* taxable as "Other Income".
However, I imagine that funds made available (by debit card, 1 time) by the insurance company to help pay for groceries, utilities, and transportation are *not* taxable as income.
Is that correct?
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‎October 9, 2023
5:02 PM