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taowarrior

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Not me that is for sure.

The Obamacare Individual Mandate Tax which hits 8 million Americans each year.
I have MS mandate or no I need insurance

The Obamacare Employer Mandate Tax Together with repeal of the Individual Mandate Tax repeal this is a $270 billion tax cut.
The company I work for has less than 20 employees. No affect.

Obamacare's HSA withdrawal tax. This is a $100 million tax cut.
With MS HDHP with HSA is a waste, my expenses are so high I have no chance to invest in an HSA.

Obamacare's 10% excise tax on small businesses with indoor tanning services. This is a $600 million tax cut.
Don't use tanning salons and the company I work for does not provide a tanning bed or tanning services.

The Obamacare health insurance tax. This is a $145 billion tax cut.
I'll be honest not sure. If this is the Cadillac plan tax then no affect. If it is something else maybe?

The Obamacare 3.8% surtax on investment income. This is a $172 billion tax cut.
My investment is my house so no affect.

The Obamacare medical device tax. This is a $20 billion tax cut.
This is the first year it kicked in and not using any medical devices so no benefit.

The Obamacare tax on prescription medicine. This is a $28 billion tax cut.
I'm on one brand name drug but without protection for pre-existing conditions I won't be able to afford it so getting rid of this tax would in theory help me but under the current framework proposed will not.

Obamacare's Medicine Cabinet Tax which hits 20 million Americans with Health Savings Accounts and 30 million Americans with Flexible Spending Accounts. This is a $6 billion tax cut.
No HSA or FSA

Obamacare's Flexible Spending Account tax on 30 million Americans. This is a $20 billion tax cut.
See above

Obamacare's Chronic Care Tax on 10 million Americans with high out of pocket medical expenses. This is a $126 billion tax cut.
With the plan I have I don't qualify but if I have to pay out of pocket I might see a tax cut from this, however hardly a win. Paying 15k a year with no tax cut is certainly better than paying 96k a year with a tax cut.

The Obamacare tax on retiree prescription drug coverage. This is a $2 billion tax cut.
Could help my father-in-law but not me.

So I might see maybe 10k in tax savings if I can come up with the 100k in medical expenses it will cost me without insurance. VS currently 15k in expenses and 10k in extra costs. I fail to see how 75k more a year (when my income is 60k) is a win. Ultimately though I won't even see the 10k since I won't have the money to get the care I need and most of the tax savings would be based on spending more money.

My parents had home care insurance which allowed my mom to keep working when dad had to quit due to ALS. He actually kept working long beyond the point he should have and only closed his company down when my mom made him after he fell getting out of the car one day. He should have been in a powered wheel chair at that point but my dad was a stubborn old salt.

The home care plan paid for a CNA to be in the house several hours a day with weekly nurse supervision visits. Not sure the exact hours, however it was enough for my mom to keep working. Good thing since he owned his own company so his insurance was through her job. I believe the home care insurance plan was a rider on their standard plan but it may have been purchased separately. They got lucky I had talked them into getting it 1 year before my dad was DX with ALS. Having previously worked for a Home Health Care company I knew how expensive it could be. Even back in the 90's a 2 hour visit was billed at 50 bucks which was the shortest time we did. It was 20 bucks an hour after that so a full 8 hour CNA care would have run 160 a day (you paid extra for only 2 hours because a lot of the CNA's didn't want to drive to a job for just 2 hours of pay so we had to pay them more) I don't think my dad got a full 8 hours but I think he was getting about 6. Then he qualified for hospice and they paid for the home care visits.

I am on a 96k a year drug (insurance company pays about 72k) which controls my MS well. It allows me to keep working but pretty much assures that without Obamacare I will lose insurance. I get 2 weeks PTO at my job and with 6 total appointments a year I don't have to deal with lost wages from that. I have to save those last 4 days in case of a really bad relapse which can happen at any time. So taking an actual family vacation is a thing of the past. Because the 4th lands on a Tuesday this year I get a 4 day weekend coming up and am going to see my mom, the first time I have been out of town for anything other than work or doctors appointments in over 2 years. Should my MS start progressing again I am not sure how long I could keep working and I do not have home care insurance so I don't know long I could even manage self care, MS is a sketchy disease for trying to predict progression.

The one HUGE advantage I have is I have had MS for 12 years and have been steadily preparing for the worst. Should I lose the ability to work we would sell our house and use the equity to buy something outright with no mortgage. We have no other debt so our monthly bills would drop low enough my wife's income could cover them. If she had to quit to care for me I would just have to pray for disability.

So to say I am very closely watching what the current government is doing as far as healthcare and social security would be an understatement. I have built a plan to deal with something that sucks over 12 years, and in 6 months the current government has put a good deal of uncertainty in my future.

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