But another important consideration are the tax benefits. You use pre-tax dollars to pay for the health insurance through your employer and use after-tax dollars when you buy the insurance through the exchange.So can you deduct the costs you pay for health insurance premiums? As is the case with most tax questions, the short answer is it depends.ou use pre-tax dollars to pay for the health insurance through your employer and use after-tax dollars when you buy the insurance through the exchange.
When you pay yourself first, you ensure the specified amount of money you want to save really does make it into your savings account or investment, since it happens before you have the opportunity to use the money for something else.
Itâs the amount you have to pay out of your own pocket before your health planâs benefits kick in. If, for instance, you buy a plan with a $2,500 deductible, you will pay for the first $2,500 of your medical expenses yourself. At that point, your plan will start paying some share of the expenses. If you go to the doctor, you might pay a flat $30 (this is called a copay) and the plan will pay the rest of the bill.