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jmohrgov
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What is subsidized health insurance for ohio tax purposes

 
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Hal_Al
Level 15

What is subsidized health insurance for ohio tax purposes

No specific kind of insurance is considered subsidized by itself. The term subsidized means you didn't pay the whole premium yourself. Typically a subsidized policy is one associated with your employment. The premium you pay for an employer offered insurance plan is seldom 100% of the cost of a plan, so almost all company health plans are "subsidized". The Ohio tax deduction for unsubsidized plans is to help people who didn't get help (with the premiums) from their employer or the government (Medicare premiums are considered to be subsidized)

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Hal_Al
Level 15

What is subsidized health insurance for ohio tax purposes

No specific kind of insurance is considered subsidized by itself. The term subsidized means you didn't pay the whole premium yourself. Typically a subsidized policy is one associated with your employment. The premium you pay for an employer offered insurance plan is seldom 100% of the cost of a plan, so almost all company health plans are "subsidized". The Ohio tax deduction for unsubsidized plans is to help people who didn't get help (with the premiums) from their employer or the government (Medicare premiums are considered to be subsidized)

View solution in original post

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