A new report suggests that counting the value of employer-sponsored health insurance (ESI) toward taxable wages could generate about $400 more in annual payroll taxes per worker, shrinking Social Security’s long-term funding gap by roughly 25% in 75 years.  

The report published Tuesday by the Center for Retirement Research at Boston College concludes that the option is regressive since it would collect no additional taxes from earners above the wage cap, but it could be part of a larger Social Security reform package. 

The idea comes as Social Security faces a widening shortfall. Since 2021, benefits have exceeded details ⇒

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