My company provides life insurance for free at 2x your salary. If the amount is over $50k, (say $100k for example) the premium for the additional $50k is considered taxable income and is shown on the W-2 as additional income.
Why medical premiums from the employer are treated differently must be some function of the law. I wouldn’t be surprised if employer medical premiums don’t get taxed in the future like the life insurance premium is now.
There is no logical reason for medical benefits to be provided tax exempt by employers.
It’s another bad outcome of WW2 wage and price controls.
I don’t particularly want anybody else to pay taxes on their insurance, just give those of us who buy our own to write off 100% of our premium to put us on the same playing field as a UAW worker