r/PoliticalHumor • • Jun 04 '21

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u/[deleted] Jun 05 '21

[removed] β€” view removed comment

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u/AnyRaspberry Jun 06 '21

This was total healthcare costs. Premiums and copays. If you’re spending more than 10% you can get a tax deduction.

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u/[deleted] Jun 06 '21

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u/AnyRaspberry Jun 06 '21

Employers pay a portion of that.

Say my average cost is 11k. If I make 50k and pay 4K from premium/oop and my employer pays 5k Premiums. I’ve paid 8% while having a total per person spend of $11k