Will My Health Insurance Be Taxed As Income? 
Will my health insurance be taxed as income ? At this point in time the answer is no , but that could change in the future . Health insurance is one of the few insurance items -LRB- and honestly I ca n't think of another -RRB- where the premium can be tax deductible and the benefit also tax free . This is another situation that government talks about every year , but so far no one has the political guts to support a change towards taxable premiums or taxable benefits . 