My husband and I were talking about the health insurance reform thing that is going on right now. I know nothing is set in stone, but he said that if they pass it and are able to tax health insurance plans that they think are too good (I think they call them cadillac plans?), that we will have to pay a 40% tax on the amount of overage they determine constitutes a cadillac plan. Is that correct? He said that we might have to drop me from the coverage to avoid the taxation and get me on something different.
If this is true, why is the government penalizing those that have chosen to care for their families and do the responsible thing if they can so afford it?
Asked by Anonymous at 12:56 PM on Jan. 16, 2010 in Politics & Current Events
Answer by mancosmomma at 1:43 PM on Jan. 16, 2010
Answer by stacymomof2 at 1:01 PM on Jan. 16, 2010
What is determined as "too expensive" and if it's not 40%, what is it? I need to start to see if it would make sense for me to get an individual plan.
And another question since you seem to know something about it, what is the point of determining what is too expensive? Right now I have good coverage that we pay for. It just hurts the insured, not the insurance company. So I am the one the ends up paying, yet there was all of this talk about the insurance companies making too much money off of the consumer. How does this hurt the insurance companies at all? Or was it not supposed to in the first place? I really can't tell.
Answer by Anonymous at 1:12 PM on Jan. 16, 2010
Answer by Anonymous at 1:13 PM on Jan. 16, 2010
Answer by NotPanicking at 1:20 PM on Jan. 16, 2010
Answer by yourspecialkid at 1:22 PM on Jan. 16, 2010
Well, for the next 5 years, if you are a member of a union or work for the fed. or local state governments, then you don't have to pay the tax. More vote buying/support. So, how will he make up the $20 billion dollars in revenue he lost by making this sweetheart deal? He is going to raise fees charged to seniors for Medicare, medical devices (pace makers, knee replacements, etc.) and fees for medicines to seniors. And the democrats ALWAYS ran campaigns with the fear moniker of the republicans will tax your benefits, ruin Medicare, raise prescription drug prices. I believe the democrats have trampled all over any increases the republicans ever did.
Answer by jesse123456 at 2:07 PM on Jan. 16, 2010
Answer by NotPanicking at 2:09 PM on Jan. 16, 2010
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