This would increase income and might sound attractive to some but for many minimizing taxable income is preferred. My industry and staffing shortages make for a highly competitive market. Healthcare is the most sought after benefit and by offering it 100% paid, we have an advantage over competitors to attract and retain employees. Also, it reinforces that health and well-being are valued and premiums are tax deductible. I hope you are one of my competitors with this view.

Thanks, pretax dollars are preferred. I’m now looking into something called ICHRAs which seems to be tax-deferred, and unused dollars go back to the employer, but not sure how to employees / military who don’t need coverage.

Sounds simple to implement. Although I suspect this could end up costing more, as I’d have to give all employees the same amount, to cover Healthcare plans that get more expensive with age and family size. I also don’t think this would allow me to advertise 100% paid Healthcare because the benefit would be cash.

I’d like to purchase the same individual plan for everyone. I can’t enroll in a group plan because I only have one employee participating. Other employee has military coverage.