Since Obama, my BC/BS premium has gone from $300/mo to $672. (Got that greeting Nov. 2.)
Next day, I get the news that the Minimum Allowable Deductible for my HSA has been raised by $50 friggin dollars, making future tax savings go out the window.
And then....there’s the new hike in Medical Deductions on your tax return. Goes from 7.5% og AGI to 10% IIRC.
No I am not. As a retired person my income has decreased around 20%. Here are the results of the poll.
About the same 11.6%
Not sure 1.2%
Total votes: 6255
I just got the announcement from my employer that the FSA maximum has been reduced down to only $2500. That alone will increase next year’s tax bill by around $600. As for our premium increase, they were actually afraid to tell us. We’ll have to wait for now and find out later. Meanwhile, I see our emergency room co-pay has been eliminated, meaning that the normal deductible applies. And our list of health plan doctors has been reduced yet again.