This is from the Washington Post which is presumably left I imagine?
Check it out and see what it says for you.
all results based on single with employer provided insurance
$1 = If you pay more than 9.5% of your income in premiums, beginning no later than 2014, you will be eligible for Medicaid. The health bill expands Medicaid to all individuals and families with income at or below 133 percent of the federal poverty level. Depending on where you live, people with higher incomes may also be eligible.
40k income = credits to keep out of pocket expense under a certain level.
Beginning in 2014, if you pay more than 9.5% of your income in premiums you will have the option to receive tax credits to help afford insurance premiums in the new exchanges as well as assistance with deductibles and co-payments. According to your income and family size, the tax credits will ensure you do not spend more than $3800 on premiums. Your maximum out-of-pocket costs for deductibles and co-payments would be capped at 30% of the total cost.
90k = no change
250k= no change for coverage, but higher medicare tax from paycheck and 3.8% tax on investment income.
Your Medicare payroll taxes will increase by 0.9% (from 1.45% to 2.35%) and you will have to pay a 3.8% tax on investment income.
What does the health care bill mean to me? (washingtonpost.com)
Check it out and see what it says for you.
all results based on single with employer provided insurance
$1 = If you pay more than 9.5% of your income in premiums, beginning no later than 2014, you will be eligible for Medicaid. The health bill expands Medicaid to all individuals and families with income at or below 133 percent of the federal poverty level. Depending on where you live, people with higher incomes may also be eligible.
40k income = credits to keep out of pocket expense under a certain level.
Beginning in 2014, if you pay more than 9.5% of your income in premiums you will have the option to receive tax credits to help afford insurance premiums in the new exchanges as well as assistance with deductibles and co-payments. According to your income and family size, the tax credits will ensure you do not spend more than $3800 on premiums. Your maximum out-of-pocket costs for deductibles and co-payments would be capped at 30% of the total cost.
90k = no change
250k= no change for coverage, but higher medicare tax from paycheck and 3.8% tax on investment income.
Your Medicare payroll taxes will increase by 0.9% (from 1.45% to 2.35%) and you will have to pay a 3.8% tax on investment income.
What does the health care bill mean to me? (washingtonpost.com)
