.25% HC tax.
My wife and I made combined last year slightly under $200k.
Your .25% tax is $4900 based upon 200k.
Our combined monthly health insurance premium right now is $1540 per month with a $7900 deductible each.
Ok, but you’re not factoring in the employer match and the annual report fees for business entities. Like I said, on the surface my math probably doesn’t work. But there should be a place where it does.
Maybe the employer tax is higher than the employee? Maybe the co-pays can be higher? Maybe there’s another option to raise more money for the fund? For example, what if we invoke a “Loser Pays” Law regarding lawsuits in any medical related cases? This could reduce malpractice premiums and then we could divert some of that money to the fund.
This is just a framework.
I don’t think $4,900 will cut it without reform to health care costs do you?
I pay almost $2,000 a month for two for insurance I have to pay another $7,900 to use. Great isn’t it?
in 2009 I paid $6,000 a year for insurance that was really all we needed but very good and the deductible was not two arms and a leg.
BTW, the proposal for healthcare? Medicare / medicade for all recycled. Why would anyone pay for private medical insurance under the proposal? Pretty lame and shallow thinking.