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January 29, 2007

Treasury Releases Details of President Bush's Standard Deduction Health Insurance Plan

Treasury_6 The Treasury Deparment today released Making Health Insurance Affordable for More Americans: Examples under President Bush's Standard Deduction Health Insurance Plan

  • Example #1: Uninsured Family of Four ($60,000 compensation)
  • Example #2:  Family of Four with Health Insurance Through Work ($60,000 compensation; employer pays $10,000 and employee pays $4,000 for health insurance)
  • Example #3  Uninsured Single Mother with Two Children ($20,000 compensation)
  • Example #4: Family of Four with Health Insurance Through Work ($100,000 compensation; employer pays $10,000 and employee pays $4,000 for health insurance)
  • Example #5: Family of Four with Health Insurance Through Work ($100,000 compensation; employer pays $15,000 and employee pays $5,000 for health insurance)

For other examples from the Tax Foundation, see here.

January 29, 2007 in IRS News | Permalink

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Tracked on Jan 30, 2007 9:49:04 AM

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