Home Improvement Contractor - Licensed Contractors

Can you get reimbursed for health insurance payments if you are an independent contractor?

I am an independent contractor (real estate agent) and just wanted to see if it were possible to be reimbursed for my monthly insurance payments. I sell for a developer, but I am not employed by them. Thanks!

Public Comments

1. No. Being provided health insurance is an employee benefit. If you are not an employeee, you don't get the benefits. You can use the cost as an itemized deduction on your income taxes.
2. Probably no. However, contrary to what bdancer222 wrote, if you are an independent contractor, you are legally "self-employed" and deduct the payments on the line on the front of the 1040 for health insurance for the "self-employed" (it is in the "adjustments to income" section, near the line for IRA contributions), not on the medical expense line of Schedule A. Unlike an employee, you can claim the expense even if you do not itemize or do not have enough in other medical expenses to exceed the required % of gross income.
3. No. But if you purchase the insurance on your own, and not via their group policy, you can make it a tax deduction if you itemize.
4. By whom? You're self employed. No one is going to 'reimburse' you for health insurance.