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The New 2018 Tax Increases
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Contributors to this thread:
gflight 12-Jan-18
HDE 12-Jan-18
Bob H in NH 12-Jan-18
HDE 12-Jan-18
spike78 12-Jan-18
greg simon 12-Jan-18
HA/KS 12-Jan-18
From: gflight
12-Jan-18
Two new taxes from the ACA (Zerocare) kicked in Jan 1...

The Tax you pay in order to have health insurance...

"A study last year by Oliver Wyman Health found that the health insurance tax will increase annual health insurance premiums in 2018 by $158 per person in the individual market; about $500 per family for those getting coverage through many small employers and some large employers; and $245 for each Medicare Advantage member.

These increases will accelerate in 2019 and beyond. So over the next 10 years, the study concludes that individual market beneficiaries will pay over $2,000 more in premiums; families getting their coverage through small employers will pay over $6,000 more; and Medicare Advantage members will pay over $3,000 more."

The excise tax on medical devices kicked in as well.

From: HDE
12-Jan-18
All everyone has to do on the same day is to agree to tell the laws and taxes imposed by obamacare to pound sand. Doctors give a price sheet, judges tell frivolous lawsuits to take a hike, pharmaceuticals get real on prices for once, and pay only for what services you need.

That's the rose colored glasses view of the real world...

From: Bob H in NH
12-Jan-18
HDE that works until you actually get real sick or hurt. I'd like to see a hybrid option, works like car insurance: routine maintenance and small things up to you to pay for. MAJOR things you have insurance!

From: HDE
12-Jan-18
I agree Bob.

From: spike78
12-Jan-18
My health insurance increased $30 a week. Seems like we are really going backwards now in terms of keeping up with inflation. When has anyone ever earned less then the year before.

From: greg simon
12-Jan-18
Yes to what Bob said. What we have now is not insurance, it's a defined benefit plan. Insurance is needed to cover catastrophic losses/costs. Not pay for your Viagra!

From: HA/KS
12-Jan-18
"I'd like to see a hybrid option, works like car insurance: routine maintenance and small things up to you to pay for. MAJOR things you have insurance!"

obamacare made that illegal - not sure if it still is.

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