Tariffs...what to make of them.

Bike N Gear said:
$1500/mo is easy these days and that's with a high deductible.
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is this your cost or your cost + your employer cost? i think we need more context here to make fair comparisons, yes i agree that $1500/month is easy if you are looking at total cost (employee + employer cost, is that the number @dave_taylor is talking about? it sure doesnt sound like it from the way he is talking)
 
shrpshtr325 said:
yes i have, and its about the same as yours for a family plan (regardless of how many children are included) although our coverage is pretty good.

your math works out to $8160/year, for your cost, hence why i asked if you were including employer contributions.
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The $8160 I paid was ON TOP of what caterpillar contributed. My good buddy pays for his 4 person family.$2200/month for Omani Silver and it's crappy.
 
shrpshtr325 said:
for a standard man-year of work that maths out to 31200 in benefits (i assume this includes all employer paid benefits including any 401k match ect ect, but please feel free to clarify if that is wrong)

that is including what most people consider the 'employer contribution' @Dave Taylor is acting like he is paying 26k on his own BEFORE employer contribution, which his own numbers dont support. He is in the right ballpark on the overall cost of the policy, but individuals are not (in most cases) paying that on their own, the employer is covering the majority of that cost (25k-8k = 16k employer cost)
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I did not state that I pay that. A good friend does however. No health insurance through his work.
 
shrpshtr325 said:
is this your cost or your cost + your employer cost? i think we need more context here to make fair comparisons, yes i agree that $1500/month is easy if you are looking at total cost (employee + employer cost, is that the number @dave_taylor is talking about? it sure doesnt sound like it from the way he is talking)
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Did you read what I wrote? I said I paid $680 per month. This was on top of what the employer (caterpillar) paid. Healthcare in this country will make you broke and if you don't play end of life right it will take anything you planned on leaving to your children as well.
 
shrpshtr325 said:
is this your cost or your cost + your employer cost? i think we need more context here to make fair comparisons, yes i agree that $1500/month is easy if you are looking at total cost (employee + employer cost, is that the number @dave_taylor is talking about? it sure doesnt sound like it from the way he is talking)
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Our portion is currently less than this. However I've been researching the cost on the private market to cover two of us until we reach 65. Like I said. $1500 is easy and that's with a $5000 deducible.
 
Dave Taylor said:
No health insurance through his work.
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this is the part that you left your, you made it sound like you (and the majority of other people) were paying 20-25k+ out of pocket, that is the whole reason i even questioned it, the total policy cost i can see adding up to that range (employee and employer portions), but not the individual cost. you really need to get better at including all the context or being less offended when people question your numbers.

and with that im back out on this thread.
 
shrpshtr325 said:
for a standard man-year of work that maths out to 31200 in benefits (i assume this includes all employer paid benefits including any 401k match ect ect, but please feel free to clarify if that is wrong)

that is including what most people consider the 'employer contribution' @Dave Taylor is acting like he is paying 26k on his own BEFORE employer contribution, which his own numbers dont support. He is in the right ballpark on the overall cost of the policy, but individuals are not (in most cases) paying that on their own, the employer is covering the majority of that cost (25k-8k = 16k employer cost)
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When I was in the union (20 years ago, probably way more $ now) my package included $10/hr towards healthcare. Just healthcare, regardless of family size, everyone paid the same. Well, the employer paid it all, but it was part of the compensation package. If we had universal healthcare, that cost would instead go straight into your paycheck.
 
shrpshtr325 said:
this is the part that you left your, you made it sound like you (and the majority of other people) were paying 20-25k+ out of pocket, that is the whole reason i even questioned it, the total policy cost i can see adding up to that range (employee and employer portions), but not the individual cost. you really need to get better at including all the context or being less offended when people question your numbers.

and with that im back out on this thread.
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I clearly said being union I pay nothing but it sucks if you have to pay $20k a year(no health coverage).
 
SmooveP said:
For-profit health insurance is all about making it difficult to get reimbursed. I'm 2 years into Medicare and I have to say it's been pretty good.
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Me too. Back in the 1960 and 1970 each state had blue cross and blue shield which was not for profit. Then congress put in the HMO Act of 1973 which they thought would get more people in the healthcare system. Back then if you had health insurance it was mostly employer based benefits. This is when it started to become for profit.
 
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Raritan Township cops are paying $17,000 a year for THEIR contribution to the $50,000 cadillac family plan. $0 deductible in network, PPO with no referrals, $20 copays, $0 generics, $15 brand names. Aetna network with self-insurance, which means a call to the township resolves any contractual issues in denied care. The township pays the full bill on the plan for retirees until age 65.

$140,000 top patrolman salary
$14,000 a year pension contribtuion
$17,000 to heathcare plan
$8400 to social security

Before they pay Trump or Murphy.
 
Dave Taylor said:
Did you read what I wrote? I said I paid $680 per month. This was on top of what the employer (caterpillar) paid. Healthcare in this country will make you broke and if you don't play end of life right it will take anything you planned on leaving to your children as well.
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David understood, It seems like nobody read od didn't understand what I wrote a couple of days ago. That it cost $1500 more per unit to build a car or truck here than then in Canada just bc of healthcare system. Are healthcare system as a financial issue is not efficient compared to other industrial nations. Therefore, it cost more to produce something in America.
 
Jeremy said:
Do you really think it’s limited to republicans? I’d place money the corruption bleeds equally across both sides. How did Nancy Pelosi make all those millions on a 185k yearly salary again?
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Her husband. The guy owns a venture capital firm. I'm sure her getting elected also helped make the firm more successful, but he was loaded before she even ran for congress.
 
shrpshtr325 said:
for a standard man-year of work that maths out to 31200 in benefits (i assume this includes all employer paid benefits including any 401k match ect ect, but please feel free to clarify if that is wrong)
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shrpshtr325 said:
that is including what most people consider the 'employer contribution' @Dave Taylor is acting like he is paying 26k on his own BEFORE employer contribution, which his own numbers dont support. He is in the right ballpark on the overall cost of the policy, but individuals are not (in most cases) paying that on their own, the employer is covering the majority of that cost (25k-8k = 16k employer cost)
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There are plenty of people who pay the whole coverage out of pocket. I paid about 2250/month for a family of 4 for many years. But that was my choice, as I was working for myself at the time. But, there are many people who own companies that produce revenues well under $1million, with a small amount of employees, they are paying that whole bill. I think less than 5% of all companies in America ever reach revenues over $1 million. So there are probably way more people than you think paying the whole tab.

Even if the employer pays the whole thing, its well over 2k/month for a family plan. So someone is paying that.
 
roc said:
Her husband. The guy owns a venture capital firm. I'm sure her getting elected also helped make the firm more successful, but he was loaded before she even ran for congress.
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Do a quick search on her and her timely investments. Nobody is that smart.
 
Jeremy said:
Do a quick search on her and her timely investments. Nobody is that smart.
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Oh, don't get me wrong, I'm not saying she's a saint, but her money comes from her husband and that's where she got it to invest it. When you see her net worth, its because she is married to someone rich.
 
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