Sunday, October 4, 2009

Senate Finance Committee relases Tax N Hack Healthcare Bill

Senate Finance Committee finished writing horrible healthcare bill.

Raises taxes on "Cadillac" health insurance plans, 35% tax rate.

Value of healthcare insurance now added to W2 forms.

Government gets to define what is a medical expense

Medical Savings Account spending hit with a 20% tax

Limit health flex spending of cafeteria plans to $2000, a penny more and the government gets ya.

Annual fees on health providers and insurance companies

Taxes on medicine and medical device manufacturers and importers

Can someone explain to me how this is supposed to lower the cost of healthcare??

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