20k? Wow!
20k? Wow!
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A family member’s insurance is going up to $1,850/month for his family so that’s $22,200/year. His portion is $850 or $10,200 annually with a $5K deductible, $30 copays. The company pays $12,000/year. His gross income is about $40K a year so just health insurance is taking a major hunk - over 25% of gross income and that is just plain confiscatory. He’s looking at a Christian medical expense sharing organization which will seriously reduce his costs (and it qualifies under Obamacare so you do not get the penalty for no insurance).