Program that allows employees to pay for their portions of the premiums for employer sponsored health insurance on a pretax basis, which lowers taxable income and tax liability. Also referred to as a cafeteria plan
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Disclaimer: The information provided on this website is general in nature and does not apply to any specific U.S. state except where noted. Health insurance regulations differ in each state. See a licensed agent for detailed information on your state. PeopleKeep, Inc., does not sell health insurance.