Once all of the provisions of Obamacare kick in, there is going to be a huge cohort of people who will suddenly become valuable, highly prized employees in any industry: prospective employees who don't need employer-paid medical coverage because they can demonstrate that they have coverage through other means. This can be a spouse's employer-paid insurance plan or a government plan (I'd love to be hiring older employees on Medicare right now).
In my company, if you cover a spouse that is eligible to be covered under their company’s medical plan, that will cost an additional $150/month to cover them.
(I’d love to be hiring older employees on Medicare right now).
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I had not thought about that. However, I think there may be a law regarding coverage gap, so that anything not covered by Medicare would have to be covered, if it was covered for the rest of the FTEs. Do you know if that is the case?
I was just thinking that, if the work force restructures to part-time, I might look for a part time job. Can’t make more than around $14,000 or my Social Security gets reduced.
If I went back to work full time, We would be in a higher tax bracket, and loose Social Security dollars too, so we would be feeding the beast.
Still, I would probably be working, if my daughter didn’t need me to babysit. I really think it is better to avoid day care.