Sensory (adj) of or pertaining to the sensorium or sensation; as, sensory impulses; -- especially applied to those nerves and nerve fibers which convey to a nerve center impulses resulting in sensation; also sometimes loosely employed in the sense of afferent, to indicate nerve fibers which convey impressions of any kind to a nerve center
Tax Exemption of Health Insurance Premiums Currently, health insurance premiums âpaid byâ the employer are exempt from federal and state personal income taxes and FICA taxes.
Premiums paid for group life insurance coverage up to $50,000 are not considered income to the employee and are entirely deductible by the employer as an ordinary business expense. For coverage amounts over $50,000, a portion of the premiums paid by the employer are considered income to the employee. Using the Uniform Premium Table in IRC Section 79, the dollar amount added to the worker's taxable income is calculated based on the employee's age and the size of the life insurance policy.