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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)
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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