> The tax cost paid by the employee = $200 (additional tax)
> Google paid the insurer $450; without the policy, that cash could be directly paid to the employee = $350 (post-tax)
> Total cost for the insurance: $550
Wait, isn't it like saying "The lunch is free, but if the employer didn't provide lunch they could give me $20 dollars per day instead!"?
> The tax cost paid by the employee = $200 (additional tax)
> Google paid the insurer $450; without the policy, that cash could be directly paid to the employee = $350 (post-tax)
> Total cost for the insurance: $550
Wait, isn't it like saying "The lunch is free, but if the employer didn't provide lunch they could give me $20 dollars per day instead!"?