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UPS Union Issues
How is our health insurance to be taxed under current united health care/ Obama care
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<blockquote data-quote="Pizza" data-source="post: 3372022" data-attributes="member: 70704"><p>Nope.</p><p></p><ul> <li data-xf-list-type="ul">The tax is 40% of the cost of health coverage that exceeds predetermined threshold amounts.</li> <li data-xf-list-type="ul">Cost of coverage includes the total contributions paid by both the employer and employees, but not cost-sharing amounts such as deductibles, coinsurance and copays when care is received.</li> <li data-xf-list-type="ul">For planning purposes, the thresholds for high-cost plans are currently $10,200 for individual coverage, and $27,500 for family coverage.</li> <li data-xf-list-type="ul">These thresholds will be updated before the tax takes effect in 2020 and indexed for inflation in future years.</li> </ul></blockquote><p></p>
[QUOTE="Pizza, post: 3372022, member: 70704"] Nope. [LIST] [*]The tax is 40% of the cost of health coverage that exceeds predetermined threshold amounts. [*]Cost of coverage includes the total contributions paid by both the employer and employees, but not cost-sharing amounts such as deductibles, coinsurance and copays when care is received. [*]For planning purposes, the thresholds for high-cost plans are currently $10,200 for individual coverage, and $27,500 for family coverage. [*]These thresholds will be updated before the tax takes effect in 2020 and indexed for inflation in future years. [/LIST] [/QUOTE]
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How is our health insurance to be taxed under current united health care/ Obama care
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