BoatBanter.com - View Single Post - I will pay more in federal income taxes this year than ExxonMobil

hk

On 4/12/10 11:29 AM, wrote:
On Mon, 12 Apr 2010 11:11:59 -0400,
wrote:

On 4/12/10 10:52 AM, wrote:
On Sun, 11 Apr 2010 23:20:09 -0700, "nom=de=plume"
wrote:

If you can't afford an office visit how will you ever afford a $1000 a
month premium?

?? Where are you getting these numbers? No, don't tell me.

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The $1000 a month is what my current bill would be if I took the low
deductible PPO from IBM.
I chose the $3000 deductible plan that they pay for (their side $2000
a year for either according to them)

BTW that is also the cap for the "exchange" in the Obama bill as I
recall.

If I understand your post here, entrée to a low-deductible PPO runs
$14,000 a year, with IBM paying $2000 towards that and the retiree
paying $12,000?

The $12,000 is a fact (rounded up a bit since the real number is $960
a month).
The $2000 IBM contribution is just what we have reported to us from
the various channels.There is always a fairly active discussion over
on the ibmretiree BB at Yahoo but it is like rec boats. Politics has
taken over.

I'm not questioning the number...it's similar to what our local's health
plan costs the members. I'd have to check, but I think it runs $6.00 an
hour for each hour worked, plus, optionally, $2.00 an hour for a
"reserve" that covers the member and family when work is scarce, so the
total for that is about $1200 a month. There's no employer contribution.
The system accommodates a multi-employer system, but, of course, in hard
times, some members and families will lose coverage if they are out of
work for long periods.

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