Rand Paul's Obamacare Replacement

Tampa Bay, FL, December 28, 2015 --(PR.com)-- An example of the problem of employer-based health insurance is the Community College System of New Hampshire. Blue Cross is charging tax-payers $31,000 a year for employees with family coverage with a deductible of $2,500 per person. The Federal Government is losing Income and Payroll Tax on this premium resulting in a loss to the treasury of $10,000 per year per employee (17% Income Tax + 15.65% Payroll Tax).

Rand Paul’s Reform includes age-based tax credits for the purchase of Individual Medical (IM) insurance. A 30-year-old couple with 2 children receives a $5,000 tax credit which drops the Fed’s cost to one half. The cost for the employer is dropped to zero, benefiting New Hampshire taxpayers. All employers whose employees choose the tax credit have their insurance premiums reduced to zero.

Paul’s Reform also includes restoring the freedom of Healthy Discounts and medical underwriting in IM insurance in the United States. This reform assures that young healthy people have the lowest possible prices when purchasing health insurance. Obamacare does not outlaw medical underwriting on Short-Term-Medical (STM) insurance products in the States so we know the current cost of insurance with Healthy Discounts. There are multiple STM products that the 30-year-old family above can purchase for less than $5,000 so the employees’ premium also plummets to zero!

Rand Paul Reform drops the Fed’s cost in half and drops both the employers and employees cost to zero. IPC believes - everybody wins! The biggest expense for States, Counties and Cities is health insurance so when their cost is reduced to zero local taxes will plummet. Republican reform eliminates the burden of health insurance from the backs of businesses so the economy will explode.

Paul Reform increases the maximum amount that may be annually deposited into an HSA to $5,000 for a single and $10,000 for a family. HSAs enjoy tax-free deposits, growth and withdrawals or total tax freedom! Rand Paul Reform also includes help for those with pre-existing conditions to obtain affordable coverage. For a more detailed view of Rand Paul’s Obamacare Replacement visit CRUZforVP.com/rand-paul/ IPC’s Director of Agent Development, Ron Greiner said, “Obamacare is a nightmare and will soon be replaced. Now is the perfect time for agents to join our team because the consumer is hungry for low-cost alternatives to over-priced Obamacare. IPC agents may work all year long and are not restricted to Obamacare Open Enrollments. With the coming market disruption your insurance license may be your ticket to success.” Greiner did further assert, “Republican Healthcare Reform will help American save premium, eliminate taxes and build wealth.”