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<blockquote data-quote="jbird669" data-source="post: 1064005" data-attributes="member: 44384"><p>Obamacare hasn't been implemented fully yet, but there are a couple of facts to consider:</p><p></p><p>1) many companies are dropping insurance coverage as a result</p><p>2) The insurance companies were the ones who lobbied hardest for it. Hmmm.</p><p></p><p>The biggest thing that bothered me about Obamacare was the politicians acted like if this didn't get passed, there were no other options. That's simply untrue. The best idea was HR 1945 - Comprehensive Health Care Reform Act of 2009. That would:</p><p></p><p><strong>(1)</strong> revise the tax credit for the health insurance costs of a taxpayer, the taxpayer's spouse, and dependents to increase the amount of, and expand eligibility criteria for, such credit; </p><p><strong>(2)</strong> permit up to $500 of unused health benefits under a health flexible spending arrangement to be carried over to a succeeding plan year or paid directly to an employee as compensation; </p><p><strong>(3)</strong> revise the tax deduction for payments to a health savings account to eliminate the requirement for coverage under a high deductible health plan; and </p><p><strong>(4)</strong> repeal the 7.5% threshold limitation on the tax deduction of medical and dental expenses.</p></blockquote><p></p>
[QUOTE="jbird669, post: 1064005, member: 44384"] Obamacare hasn't been implemented fully yet, but there are a couple of facts to consider: 1) many companies are dropping insurance coverage as a result 2) The insurance companies were the ones who lobbied hardest for it. Hmmm. The biggest thing that bothered me about Obamacare was the politicians acted like if this didn't get passed, there were no other options. That's simply untrue. The best idea was HR 1945 - Comprehensive Health Care Reform Act of 2009. That would: [B](1)[/B] revise the tax credit for the health insurance costs of a taxpayer, the taxpayer's spouse, and dependents to increase the amount of, and expand eligibility criteria for, such credit; [B](2)[/B] permit up to $500 of unused health benefits under a health flexible spending arrangement to be carried over to a succeeding plan year or paid directly to an employee as compensation; [B](3)[/B] revise the tax deduction for payments to a health savings account to eliminate the requirement for coverage under a high deductible health plan; and [B](4)[/B] repeal the 7.5% threshold limitation on the tax deduction of medical and dental expenses. [/QUOTE]
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