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- Mar 12, 2014
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A church with 2 preachers used to have a group insurance policy, but the price skyrocketed and cant afford it anymore. Both pastors have went out and purchased their own insurance(1 thru the marketplace and 1 thru the private market). Does anybody know a clear way to still reimburse the premiums tax free? I have read all the notices and paper work and am very confused. The only way I can see is a defined contribution health benefit, which to me the church would throw a set amount in an account each month and the separate premiums can be paid from that. That way there is not a limit to the amount for the year. Any thoughts and links where this issue is clearer would be appreciated. Thanks
Brad
Brad