Finally. A plan to make us more responsible for our own healthcare costs.
Since starting my own business I have become more aware of what health insurance costs me.
My former employer offered a plan under COBRA that would have cost me $500 per month.
I shopped around and found a plan that costs "only" $340 per month.
This for a single adult without "pre-existing conditions".
Under the Bush plan I will now be able to deduct that cost come tax time. DEDUCT that cost. Which means that if this proposal is passed into law, I can take a tax deduction of $4080 off of my annual earnings. A tax deduction. For those of you who have suffered public education, this means that I can deduct that $4080 in health expenses each year.
And for those of you working for somebody else; You will now be taxed on the health benefits you recieve through your employer. As it should be.
And as it has been for those of you with access to a company vehicle.
Finally a way to engage each of us in our personal health care decisions.
Thursday, January 25, 2007
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