So, let’s say it’s 2014 and you and your spouse have two children. You both make a combined salary of $93,000. You are both freelancers and don’t get health insurance through your employer.
In 2014, when the mandate goes into effect, the average health insurance premium for a family of four will be about $16,000 per year. You make too much money to qualify for federal subsidies to offset the cost of health insurance premiums.
Therefore, 17% of your pre-tax income will be spent on health insurance that you are mandated to buy, or you can pay a fine of $2,085.
According to today’s SCOTUS decision, you and your family must pay a “tax” to a private, for-profit corporation called Aetna or Wellpoint of 17% of your pre-tax income.
$16,000 or a fine of $2,085? But since the least expensive plan is more than 8% of your income, you do not have to pay the fine. And you are still uninsured.
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I’m pretty sure the plan is that there will be more competition...costs will hopefully go...
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YES! THIS DOES NOT MAKE SENSE! AMERICA! WHAT ARE YOU DOING!?!?
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populationpensive reblogged this from jayparkinsonmd and added:
Interesting commentary. France’s health care system charges everyone...8% on their...
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This is a really important time for me to submerge into the internet and follow politics, but I am just lost right now.
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Obama 2012
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Here’s the math. It’s not solving the problem.
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These are not the reforms we need.
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