truckbroke
Well-Known Member
And I dearly appreciate it.
Poke said:It costs us about $2,000 per month, per employee to have healthcare. so in 2018 we will have to pay a $800 tax on that, per employee, per month. That's roughly $10,000/yr per employee. For 60 employees that's a $600,000 tax.
I just signed the papers about 3 min ago renewing for 2016. The numbers are correct. It's supposed to be good insurance but every year the cost goes up and the coverage goes down.matth_85 said:What kinda damn insurance do you offer that is $2000 per employee per month?
Poke said:It is about to get much worse. Have you heard of the Cadillac tax? That is the name of the tax in ObamaCare that is supposed to fund it all. I am an employer, over 50 people. Ive been in our healthcare meetings over the last few weeks so we can pick the plans we will be offering. The last 3 years its been the same thing. The provider tells us its going up 15-18% we do our best to eat as much of the increase as possible and pass as little as possible on to employees. The increases are so bad at this point, we can't afford to keep eating them.
Now on to the Cadillac tax. It starts in 2018. It's a 40% tax on all companies over 50 employees. a 40% tax on every cent my company spends on healthcare. It costs us about $2,000 per month, per employee to have healthcare. so in 2018 we will have to pay a $800 tax on that, per employee, per month. That's roughly $10,000/yr per employee. For 60 employees that's a $600,000 tax. It will put companies out of business. Here is the kicker, the tax is also on all monies that an employee spends on healthcare. So if an employee puts $100 into an HSA or FSA, THE COMPANY pays a $40 tax on that.
It will break the economy in the first month. http://www.cigna.com/aboutcigna/informed-on-reform/cadillac-tax.
OR Every small business in the USA will be dropping healthcare in 2018 and force us all to the exchange... hello single payer.
jimbo0076 said:Just cancel the ****...I decided **** it when they told me that mine was going to cost $1200 per month for coverage for my wife and I. The out of pocket also went up to 2k before they would pay a dime. I canceled it all together and honestly hope for the best. I've had to go to a doc in the box a couple times for sinus problems and if youll walk in and so I aint got **** for insurance but will pay CASH right now if you make the price reasonable they get real cheap. I paid $50 to see the doc and get a shot for the flu last time WITHOUT insurance...hell it cost $35 before with my insurance. The big kick right in the balls is that on my taxes last year the govt hit us for $1600 penalty for not having insurance...pissed me the hell off but I still came out lots of money ahead through the year not paying $1200 a month for insurance that sucks donkey balls anyhow. :steps off soapbox:
patooyee said:We can't afford to use our insurance any more. It's only there for catastrophic crap and my daughter. My wife and I have gone to the Doc in a Box and paid cash for everything we've needed since Obamacare started. I pay 38% more for insurance every month than I do my house payment. Insurance is my highest single bill.
jimbo0076 said:Just cancel the ****...I decided **** it when they told me that mine was going to cost $1200 per month for coverage for my wife and I. The out of pocket also went up to 2k before they would pay a dime. I canceled it all together and honestly hope for the best.