Tax Treatment of Sickness and Injury Plans addresses the tax treatment of plans designed to provide benefits upon the sickness or injury of a taxpayer. It examines the tax treatment of contributions to and benefits received under, health insurance, health savings accounts (HSAs), Archer medical savings accounts (MSAs), health reimbursement arrangements (HRAs), disability insurance and long-term care insurance.

Learning Objectives:

• Identify the tax treatment of premiums for and benefits from health insurance policies


• Describe the rules governing health savings accounts and Archer medical savings accounts


• Recognize the tax treatment of health reimbursement accounts


• Differentiate the tax treatment of employer-paid and individually-paid disability income insurance policies


• Summarize the tax rules governing business-related disability coverage