Re:US Workers Are Highly Taxed If You Count Premiums
by lotsofpulp on Monday April 08, 2019 @10:02PM
(#19611056)
Employer’s share of premium is on your W-2 tax forms, box 12 code DD.
https://www.irs.gov/affordable-care-act/form-w-2-reporting-o...
Re:US Workers Are Highly Taxed If You Count Premiums
by cozzyd on Monday April 08, 2019 @11:20PM
(#19611483)
Yeah I only pay like 20% of the cost of the premium for my plan for my wife and I. Which means the actual premium is over $1k a month... yikes. At least the deductible is only a few hundred dollars...
Re:US Workers Are Highly Taxed If You Count Premiums
by Bombthecat on Tuesday April 09, 2019 @12:05AM
(#19611705)
What the...? Almost a thousend a month? That's 12k a year, just paid by employers. Where is the money going?
Re:US Workers Are Highly Taxed If You Count Premiums
by ceejayoz on Tuesday April 09, 2019 @10:52AM
(#19615257)
To the USA's $9.5k/year per-capital healthcare spending.
Did my taxes and my family of four was well past the $30k mark for insurance, copays, dental, and optical this year.
Re:US Workers Are Highly Taxed If You Count Premiums
by b_t_s on Tuesday April 09, 2019 @04:11PM
(#19618476)
Ha, that's cheap. Last time I checked the medical system gets over 20 grand a year from me(some via my employer). Works out to like 4 to 7 grand a visit, and that's mostly routine checkups/vaccinations for my kid. There's a reason doctors and medical/insurance execs are so wealthy.
In my case I do know. My employer pays $930 some a month. My rent used to be $860/month.
The other thing the happens is just because you have insurance doesn't mean that healthcare providers aren't trying to jack more money out of you. Any procedure/service will be up coded to increase your out of pocket share.