The reform allows dependents to stay on health insurance plans of their parents until they turn 26. So many families in California have moved their children to individual health plans to their plan sponsored by the employer to save money.
Unfortunately, California has a tax loophole that considers coverage for non-dependent children under the income tax. Income growth has put residents in higher tax brackets so well that they did not pay for a separate individual, they faced more taxes.
California tried to pass legislation to exempt contributions to the state income tax last year reports The Sacramento Bee . The legislation failed because it was part of a broader project of law, but now lawmakers want to spend as its own legislation.
Assemblyman Henry Perea said, "The law of the federal health care radically change things, not all states have kept pace with these changes. And we try to make sure we do what is good for our working families "
If passed, California would lose $ 92 million of tax exemptions. - Hurting an already deep state debt. but the thousands of families who have changed their dependent children to their plans would see more benefits and not be taxed because of the reform of health care.
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