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Is This True??

Discussion in 'Shooting Related Threads' started by BigM-Perazzi, Jul 16, 2010.

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  1. BigM-Perazzi

    BigM-Perazzi Well-Known Member

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    Why don't you ask your employer.
     
  2. Unknown1

    Unknown1 Well-Known Member

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  3. tachyon

    tachyon Member

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    My understanding is as follows:

    The value of your health insurance will be included on your W2. This will be used as part of the "fine" for not having insurance when the plan is in full bloom.

    Starting in 2018, if the value of your health insurance is over $27,500 (family) $10,200 individual then anything over that will be taxed at 40%. The tax will be paid by the insurance company (yah right... it will be passed on to the user.) The average insurance benefit is about $13,000 right now so most people will not be impacted by this new law. There are a lot of fine print exceptions/additions to the bill.

    Many unions had negotiated these so called "Cadillac" plans. They would take a lower increase in pay and negotiate better health insurance benefits. At one time the bill excluded plans that were negotiated by a union. So if a UAW worker had a $30,000 plan he/she would not be taxed but if the boss had the plan they would be taxed. An interesting special exclusion for one of Obama's main support groups. Right now there are different thresholds for high risk professions (fire fighter is one).
     
  4. 221

    221 Banned User Banned TS Supporters

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    Health care could easily be 30,000 a year by 2020. Most employees with health care benefits have no concept of what it cost's an employer to provide it. I've even talked to nurses who are shocked at what I pay a month to insure an employee and their family.
     
  5. 1oldtimer

    1oldtimer TS Member

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    The end result is, someone has to pay for those who cann't. Guess who that someone is. Don't worry,Obama will take care of you. Yeah Right!
     
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