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  2. Cafeteria plan - Wikipedia

    en.wikipedia.org/wiki/Cafeteria_plan

    A cafeteria plan or cafeteria system is a type of employee benefit plan offered in the United States pursuant to Section 125 of the Internal Revenue Code. [1] Its name comes from the earliest such plans that allowed employees to choose between different types of benefits, similar to the ability of a customer to choose among available items in a ...

  3. A Guide to Section 125 (“Cafeteria”) Plans - AOL

    www.aol.com/news/guide-section-125-cafeteria...

    A cafeteria plan - also known as a Section 125 plan, after the portion of the IRS code that regulates the plans - lets employees redirect part of their salaries and wages to pay for certain benefits.

  4. Flexible spending account - Wikipedia

    en.wikipedia.org/wiki/Flexible_spending_account

    According to IRS section 125, benefits received from a health insurance plan are not considered taxable income. [ citation needed ] The same reasons that make pre-funding a possible benefit to an employee participating in a plan make them a potential risk to employers setting up a plan.

  5. Massachusetts health care reform - Wikipedia

    en.wikipedia.org/wiki/Massachusetts_health_care...

    The Massachusetts health care reform, commonly referred to as Romneycare, [1] was a healthcare reform law passed in 2006 and signed into law by Governor Mitt Romney with the aim of providing health insurance to nearly all of the residents of the Commonwealth of Massachusetts . The law mandated that nearly every resident of Massachusetts obtain ...

  6. Employer-sponsored healthcare costs keep rising, and it's ...

    www.aol.com/finance/employer-sponsored...

    November 19, 2023 at 9:30 AM. Employer-sponsored health insurance is growing costlier in the US, according to new data. According to the Kaiser Family Foundation (KFF)’s 25th Employer Health ...

  7. Health insurance in the United States - Wikipedia

    en.wikipedia.org/wiki/Health_insurance_in_the...

    In the United States, health insurance helps pay for medical expenses through privately purchased insurance, social insurance, or a social welfare program funded by the government. [1] [2] Synonyms for this usage include "health coverage", "health care coverage", and "health benefits". In a more technical sense, the term "health insurance" is ...

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