I’m still trying to get an answer from my Senators about this. Are the military and their dependents going to have to pay this tax???
watch your TRICARE premiums and deductibles- they will go up. Already got notice about my dental. Can’t imagine the “imputed value” of that for taxation.
First of all, individuals will not be paying the tax directly. The tax is paid by insurers. It will be 35% on the cost of policies above $8000 for individuals and $21,000 for families. The insurers will then likely pass that cost on to their customers in the form of higher premiums, reduced benefits, or both.
That's my plan, the FEHBP - the Federal Employees Health Benefit Plan. Along with monthly premium increases and no COLA increase in my federal pension for the next two years, this government is NOT helping me.
I had to bust my a@@ for an entire working career to get my health coverage, now the Dems want to tax my retiree a@@ to fund the welfare crowd and illegal aliens.