A disgusting price increase
According to a survey made by the Kaiser Family Foundation the cost of health insurance for annual family premiums jumped 9% in 2011 up to $ 15,000. The increase for singlypremiums is 8% and the increase for 2010 was only 3% to 5%. It is said in the United States health insurance’s premiums have doubled in the last 10 years, meanwhile salaries just increased 34%. Health insurance comednies had good earnings even in the bad economic situation. The increasing they had is not monitored by any government agency.
The above increase affects employers who provide health insurance to their workers. In the last few years we see how hard Obama tried to make people and companies buy health insurance but we never see him protect consumer’s benefits in the field. His insurance plan had never questioned the rate increase of the health insurance premiums. It is shame that this country allows those rich people to steal the public money in this way. They are telling us: Your lives are valuable then pay whatever we made you pay. Our economy will collapse because of this health care system. Our Medicaid and Medicare fund is nearly bankrupt because of this health care system and we did nothing to control it. All Obama did is to make more people enroll in the health care system. He even wants to shift the government’s responsibility and let the private companies control the market and make a profit from the public.
Our public and business are being kidnapped and blackmailed by a small group of people in the medical field. Obama forces us to pay for the blackmail. How can Obama expect employers to create new jobs when they are forced to pay a $15,000 healthy insurance premium for their employees besides the salaries they pay?
You cannot get a cidert, but the premiums might be able to be used as a deduction. If you are able to itemize deductions, the health insurance premiums are considered a qualified medical expense. You can deduct the total of your qualified medical expenses that exceed 7.5% of your adjusted gross income for the year.
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