Generally, how are health insurance policies taxed?

Generally, how are health insurance policies taxed?



a. If premiums are tax-deductible, benefits are taxed as income.

b. If premiums are tax-deductible, benefits are also tax-deductible.

c. Premiums and benefits are not taxed.

d. None of the above



Answer: a. If premiums are tax-deductible, benefits are taxed as income.

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