• 1939 Revenue Act of 1939 (Sec. 104), establishes employee tax exclusion for compensation for injuries, sickness, or both received under workers' compensation, accident, or health insurance. (ebri.org)
  • Health insurance was an attractive means to recruit and retain workers during a labor shortage for two reasons: Unions supported employment-based health insurance, and workers' health benefits were not subject to income tax or Social Security payroll taxes, as were cash wages. (ebri.org)
  • Below is a compilation of key dates in the history of health insurance benefits as they have evolved in the United States. (ebri.org)
  • 1968 Firestone Tire and Rubber Co. begins to self-fund health benefits. (ebri.org)
  • 1912 National Convention of Insurance Commissioners (now the National Association of Insurance Commissioners) develops first model for state law, the Standard Provisions Law, for regulating health insurance. (ebri.org)