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Reply #51: Its very hard to say, it varies from family to family [View All]

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Juche Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-06-09 12:32 PM
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51. Its very hard to say, it varies from family to family

But under HR676 a family would only pay about $2700/yr for healthcare.

http://cthealth.server101.com/h_r__676_fact_sheet.htm

Families Will Pay Less

Currently, the average family of four covered under an employee health plan spends a total of $4,225 on health care annually $2,713 on premiums and another $1,522 on medical services, drugs and supplies (Employer Health Benefits 2006 Annual Survey, Kaiser Family Foundation and Health Research and Educational Trust; U.S. Department of Labor, Bureau of Labor Statistics, Consumer Expenditure Survey.) This figure does not include the additional 1.45% Medicare payroll tax levied on employees. Under H.R. 676, a family of four making the median family income of $56,200 per year would pay about $2,700 for all health care costs, including the current Medicare tax.

Business Will Pay Less

In 2006, health insurers charged employers an average of $11,500 for a health plan for a family of four. On average, the employer paid 74% of this premium, or $8,510 per year. This figure does not include the additional 1.45% payroll tax levied on employers for Medicare. Under H.R. 676, employers would pay a 4.75% payroll tax for all health care costs, including the current Medicare tax. For an employee making the median annual family income of $56,200, the employer would pay about $2,700 per year.
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