Vision Coverage) at a rate of? Is the Baucus health care plan to tax Cadillac plans (ie any plan with Dental or Vision Coverage) at a rate of 40%, a penalty on those that are responsible enough that they actually buy insurance on themselves and their families?
Also Is this another way to push Companies to accept a Government run health care plan and not provide the so called Cadillac plans?
Actually yes it is the definition of the Cadillac plan's. The definition that I have heard is a plan that includes Dental and Vision is considered a cadillac plan. I have also heard that plans that cost over 8000 per year.
Just looked up a definition that puts it at 8,000 for individuals and 21,000 for families. The average family coverage is over 13,000. It would not take much to put a family over that and I would say that there are a lot of individuals that pay over 8,000 per year.
Ok so we agree that the limit for a Cadillac plan on families is 21,000 dollars. I can tell you this that I am in no way a rich person but if you put an additional 40% tax on these so called Cadillac plans, I can either expect to not get nearly as good insurance in the next few years if this is passed. Am I right? Because the increase in cost is going to be an incentive for the employer to not offer the best insurance plans, is it not?
To think that the tax on the Cadillac plans is not going to trickle down to us is naive. We will have to pay more or it will not be offered at all.
I pay about 40% of my insurance bill my employer pays the rest. I pay a little over 800 per month, this puts me into the cadillac plan catagory. If this bill passes, I will either be faced with not being able to get nearly as good of coverage for my family or I will have to pay an additional 400 and probably closer to 600 dollars per month to get the same insurance coverage! Because again if you think that the insurance companies are not going to pass that increased cost down to the consumer is very naive
So one last time, those of us that are being responsible in the first place will be penalized for caring for ourselves and our families!
Also Is this another way to push Companies to accept a Government run health care plan and not provide the so called Cadillac plans?
Actually yes it is the definition of the Cadillac plan's. The definition that I have heard is a plan that includes Dental and Vision is considered a cadillac plan. I have also heard that plans that cost over 8000 per year.
Just looked up a definition that puts it at 8,000 for individuals and 21,000 for families. The average family coverage is over 13,000. It would not take much to put a family over that and I would say that there are a lot of individuals that pay over 8,000 per year.
Ok so we agree that the limit for a Cadillac plan on families is 21,000 dollars. I can tell you this that I am in no way a rich person but if you put an additional 40% tax on these so called Cadillac plans, I can either expect to not get nearly as good insurance in the next few years if this is passed. Am I right? Because the increase in cost is going to be an incentive for the employer to not offer the best insurance plans, is it not?
To think that the tax on the Cadillac plans is not going to trickle down to us is naive. We will have to pay more or it will not be offered at all.
I pay about 40% of my insurance bill my employer pays the rest. I pay a little over 800 per month, this puts me into the cadillac plan catagory. If this bill passes, I will either be faced with not being able to get nearly as good of coverage for my family or I will have to pay an additional 400 and probably closer to 600 dollars per month to get the same insurance coverage! Because again if you think that the insurance companies are not going to pass that increased cost down to the consumer is very naive
So one last time, those of us that are being responsible in the first place will be penalized for caring for ourselves and our families!