Tax policy reform boosts health insurance coverage and welfare for all.
The U.S. tax policy on health insurance mainly benefits those with employer-provided group insurance, which can be unfair. Removing this subsidy would lead to fewer people having insurance and worse overall well-being. However, making the subsidy fairer and extending benefits to private insurance could improve welfare and increase coverage. By studying health policy in a broader framework and using real data, researchers found ways to make health insurance more accessible and beneficial for everyone.