Today we published our book The End of employer-provided health insurance, which discusses the obvious solution to our nation's health insurance employer Leiden - employer-paid individual health insurance. The book is about all major retailers such as Amazon.com and BarnesandNoble.com available.
This item is part of an ongoing series of articles about the 10 reasons, group health insurance is Bad for you, your family and your business
The sixth basic group health insurance is bad for you, your family and your business is because it is unfair -. You receive your disqualified $ 2,000 to $ 12,000 a year portion of the trillion-dollar federal grant. 
group health insurance is unfair
as crazy as it may sound at first, you should ask your employer, "could you please cancel our group health insurance?" [1945016[
Why? Because if you are offered qualified affordable group health insurance from your employer, you and your family will be disqualified after receipt of federal subsidy, even if you are eligible based on your income.
vs. Group Health Insurance Single Coverage
we say you live in Dallas, Texas, earning $ 60,000 per year and have a family of five. Your employer may for the group plan where your employer pays the full $ 500 per month cost per person for you, and you pay for your four family members at a monthly rate of $ 1,0 per month. That's $ 14,400 per year out of pocket the entire family of five to have covered by group health insurance.
Alternatively to the Texas Health Insurance Marketplace (available on www.healthcare. Gov), you could purchase individual coverage with an individual BlueCross BlueShield Silver plan for all five family members including you without state subsidy for $ 899 per month - this is for permanent health insurance, 30 $ copays for doctor visits and $ 0 for general rules. That is $ 10,788 ($ 899 × 12) a year before the federal subsidy for better coverage than the $ 14,400 per year, you would only pay to your family to the group group plan.
But add, if your employer you did not provide qualified affordable group coverage, you would cost a $ 580 per month federal subsidy to the payment of $ 899 per month, reduce your monthly premium to $ 319 per month obtained for all five members of your family. This $ 580 per month subsidy is actually a $ 6,960 tax-free money gift for you and your family from the federal government.
If your employer has fewer than 50 employees, there is no charge or your employer penalty for you to receive this subsidy. But if your employer has more than 50 employees, the employer would have a penalty of paying up to $ 3,000 per year for each employee, the subsidized coverage (up to a maximum penalty of $ 2,000 per year for all employees after 30 employees credit receives).
It is even better if you do not have $ 40,000 a year and your employer group plan, you would get free coverage for the entire family under Medicaid. earn
If you earned per year per year $ 80,000 compared to $ 60,000 your federal grant of $ 580 per month $ 312 per month would fall, your $ 899 per month premium ineffective to fall before subsidy to $ 587 per month. Even if you do, your annual cost of a lot better, permanent individual coverage would be $ 80,000 a year earns his all five members of your family against your employer $ 7,044 per year (12 $ 587 ×), you only $ 14,400 per year charging your Add family members their group group plan.
What is the solution?
you should change to individual health insurance because it is funded from federal ~~ POS = TRUNC. With an individual plan, you may be eligible for a $ 2,000 to $ 12,000 a year portion of the trillion-dollar federal grant.
I will go through reason number seven (group health insurance unstable) tomorrow.
Click here to read all articles in the series.
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