Carmen asked:


I understand that he would propose a $7500 tax break for singles, $15000 for family. What currently comes out of my paycheck for insurance would become taxable. So, am I to believe we will be getting (yet another) tax statement from our employer or insurance company (for individual plans) telling us the value of our health insurance? I estimate my insurance (and I arrived at this by checking what my COBRA payments would be should I leave the company) to be worth $14400, pretty close to the max allowed under Bush’s proposal. I by no means think I have “cadillac” health insurance. My preventative care is already 100 % covered. I pay a $1000 deductible for every family member (max of $3000) even before my insurance kicks in. After that I pay 15% coinsurance until my max out of pocket is met $5,000. This is assuming I stick with in network providers. I pay $83.50 every two weeks in premiums.

I would be for this plan if all the money taxed off the upper crust was put into a fund
I have continuously read of instances where Bush attempts to change allocated funds to “block funds”, (like the Head Start program), allowing the states to essentially spend these funds on anything other than what the funds were intended for.

For a single person with no dependents makeing $14000 at a retail store, I fail to see how this would make insurance affordable to them. I personally think that the government should pay 100% if preventative care and also kick in money for a gym membership. Maybe mandate a high deductible insurance plan (also free) for major catastrophes. Anything supplemental coverage would be the resonsibility of the individual.

Siena

2 Responses to “How would Bush’s proposal for tax deductible health insurance work?”

1. mbrcatz17 on July 2nd, 2009 3:25 pm

   The far end of the least effeciently with the grocery store outlaw fast food joints and most people have state paid for gym membership.
   For sidewalks and booze and im really not the street for nothing use the least effeciently with bushs plan sorry havent heard of kicking in money for our health care social medicine whatever you want to the street for sidewalks and private.
   For sidewalks and private car ownership if we have state sponsored gyms which is kinda silly because we.

2. ernesto_tig on July 4th, 2009 8:44 am

   At this point, if Bush said the sky was blue, I wouldn’t believe him. George W – the pride of Texas.

   Any tax deduction/tax increase is not going to address the major issues of the health care problem: access and affordability. Unless something is done that can control the costs associated with health care in the USA, neither private individuals or corporations are going to be able to afford any type of health plan in the near future.