I have heard that starting January 1, 2011 if I, for example, have some kind of surgery and my health insurance that I carry through my employer pays out say $20K for the surgery - I will be seeing that $20K as income on my W2 for the year 2011. Has anyone heard this? Is this true?
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No. The benefits of the insurance would never count as income. I had heard rumors that the policy premium might be considered income, at present time it is not, however from my understanding it didn't pass in the health care bill. I can't answer with 100% certainty because I haven't read the 2800 page bill.
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