Senate plan will hurt Boeing folks

The Senate version of the health-care bill will devastate Boeing families. As a Boeing employee, I am able to see what my health insurance costs the company. My 2009 cost was just over $17,600.

The Senate health-care bill wants to impose a 40 percent tax on my insurance. $17,600 X 40 percent = $7,040 in new taxes coming out of my paycheck. That’s $270.77 less every two weeks.

My wife works for another company which also has what is considered a Cadillac plan where they pay nearly $10,000 a year for her health insurance. There is another $4,000 that will come out of our paychecks. That is over $11,000 per year, a $916 monthly reduction in available income for our household.

Tell me again how health-care reform is going to help me or my family. Tell me how this is going to help the roughly 73,000 other Boeing families in Washington.

So my wife and I will lose $11,040 a year if this plan goes into effect. What does that do to us as an individual family? What does that do to the state economy when you multiply it by a minimum of 100,000 people with “Cadillac” insurance plans? Let’s say $10,000 average health-care plan X 40 percent tax X 100,000 people. That’s $400 million out of Washington’s economy.

Four hundred million fewer dollars spent or saved. Lost jobs because of a crashing economy. Lost jobs means more people depending on the government, higher deficits, lower value of the dollar resulting in high inflation and a lower standard of living for all. When will people do the math, do their homework?

My parents are on fixed incomes and rely on Medicare. Our wonderful senators are looking to cut this by $500 billion. Tell me again how this helps seniors?

Dann Schroader

Everett

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