General Discussion

MontanaMama

(24,722 posts)

32. Great question!

Sun Dec 17, 2023, 08:26 PM

Dec 2023

The reality is that my husband and I are both employed by our small businesses and we have to claim income whether or not we actually realize that income in our bank accounts. For example, my take-home pay was $24,500 last year. However, our businesses did quite well, thankfully, enabling us to pay our employees a living wage, and a wide range of benefits. That money that the business made is viewed as taxable, even though it didn’t ever end up in our bank account.

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On being self insured: My health insurance does nothing to insure my health. [View all] MontanaMama Dec 2023 OP

Is this what is available even with Obamacare? MOMFUDSKI Dec 2023 #1

Insurance through the marketplace costs more MontanaMama Dec 2023 #6

Correct me if I'm mistaken, please misanthrope Dec 2023 #12

No they can't. Demsrule86 Dec 2023 #25

It is my understanding that under the ACA MontanaMama Dec 2023 #28

They do it by charging by age IbogaProject Dec 2023 #35

Yeah, you hit that age and insurance companies raise your premiums out the wazoo because they... LudwigPastorius Dec 2023 #13

Ten years ago DENVERPOPS Dec 2023 #20

And, if your income is above a modest amount (which doesn't cover much in high cost cities) spooky3 Dec 2023 #26

This is exactly what's going on. MontanaMama Dec 2023 #29

Message auto-removed Name removed Dec 2023 #21

There is a well known solution practiced by almost every other developed country Voltaire2 Dec 2023 #2

Indeed. MontanaMama Dec 2023 #7

The GOP and it's members will fight it IbogaProject Dec 2023 #36

Maybe DENVERPOPS Dec 2023 #42

Hey it's only 1T a year. Voltaire2 Dec 2023 #43

And for Decades DENVERPOPS Dec 2023 #47

For years, we lived in diverse neighborhoods...that's why my last POC neighbor was a Backseat Driver Dec 2023 #55

I feel for you! Diamond_Dog Dec 2023 #3

Yes. MontanaMama Dec 2023 #8

I think the part about that... 2naSalit Dec 2023 #10

Amen sister. MontanaMama Dec 2023 #30

TY for providing benefits XanaDUer2 Dec 2023 #4

I don't want to wish time away... MontanaMama Dec 2023 #9

I lined up a bunch of tests XanaDUer2 Dec 2023 #11

The insurance companies pay dearly for all their lobbyists, I assume Deuxcents Dec 2023 #5

Do you have a local Chamber of Commerce? Lonestarblue Dec 2023 #14

SMH. How terrible and how can Americans afford these kinds of rates for medical insurance? SWBTATTReg Dec 2023 #15

Usually plans will not cross state boundaries. erronis Dec 2023 #19

I would be very interested to know what you find out from your sister. MontanaMama Dec 2023 #31

As soon as my sister gets back to me on, w/ regards to her husband (a self-employed concrete contractor), and his SWBTATTReg Dec 2023 #41

Can you lower your income to qualify for the subsidy? Auggie Dec 2023 #16

Healthcare.gov offeres tax subsidies to reduce premiums based on income dlk Dec 2023 #22

My friend paid $2 a month Auggie Dec 2023 #23

Depending on the income, the tax credits can save a significant amount on the monthly premium dlk Dec 2023 #24

Great question! MontanaMama Dec 2023 #32

What types of plans do you provide your employees? MichMan Dec 2023 #51

If health insurance is something MontanaMama Dec 2023 #60

Do Blue States Beachnutt Dec 2023 #17

I don't know. MontanaMama Dec 2023 #33

Pre-65 health insurance premiums are very pricy dlk Dec 2023 #18

When self insured earlier this year JustAnotherGen Dec 2023 #27

why do people tolerate this? mike_c Dec 2023 #34

Why do I tolerate this? MontanaMama Dec 2023 #38

We provide it for Medicare recipients because they pre paid into the system for 40 years MichMan Dec 2023 #52

We desperatly need universal healthcare. area51 Dec 2023 #37

THIS. MontanaMama Dec 2023 #39

Our U.S. House members and Senate Members DENVERPOPS Dec 2023 #45

These high deductible plans are making people sicker Tree Lady Dec 2023 #40

They are making people sicker. MontanaMama Dec 2023 #44

Ugh!!! Tree Lady Dec 2023 #46

This is hideous, MM, and makes me so angry cilla4progress Dec 2023 #48

The only answer is National Healthcare like Emile Dec 2023 #49

Most of them fund it with VAT taxes of 10-20 % MichMan Dec 2023 #53

Well, we will have to fund it by taxing the wealthy. Emile Dec 2023 #56

Kick dalton99a Dec 2023 #50

I never made much money and had to buy insurance through the ACA for two years before Medicare kicked in brewens Dec 2023 #54

Thinking outside the box here. Desert grandma Dec 2023 #57

i hear ya.......... Takket Dec 2023 #58

This wont help with lowering your insurance xmas74 Dec 2023 #59