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I view health insurance as my lone remaining barrier to ER, so I'm very interested in how Kerry's plan would affect me. I assume his plan would be of great interest to many on this board?
I read his website but I'm having trouble understanding exactly what he is saying, except that the main overall goal of his plan is to reduce insurance cost by "an average of $1000 per year per family". I can't tell where I am in relation to "average" but $1000 certainly doesn't solve my problem. He also isn't clear if the $1000 is a reduction from today's cost, or maybe from some nebulous projection of future years' costs, in which case the $1000 would be at best a slight temporary relief and at worst just an accounting gimmick.
But what's interesting is that he then says he will protect workers "between jobs" with a 75% tax CREDIT (not deduction) for health insurance costs! Now that is some real money, and the question is how long could I qualify for that status after I "quit"? (Common sense tells me this falls into the "too good to be true" category.)
I would appreciate any insight anyone would care to share. (No political punditry please, just facts...)
I read his website but I'm having trouble understanding exactly what he is saying, except that the main overall goal of his plan is to reduce insurance cost by "an average of $1000 per year per family". I can't tell where I am in relation to "average" but $1000 certainly doesn't solve my problem. He also isn't clear if the $1000 is a reduction from today's cost, or maybe from some nebulous projection of future years' costs, in which case the $1000 would be at best a slight temporary relief and at worst just an accounting gimmick.
But what's interesting is that he then says he will protect workers "between jobs" with a 75% tax CREDIT (not deduction) for health insurance costs! Now that is some real money, and the question is how long could I qualify for that status after I "quit"? (Common sense tells me this falls into the "too good to be true" category.)
I would appreciate any insight anyone would care to share. (No political punditry please, just facts...)