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April 29, 2008

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Sue in MD

A $5000 refundable tax credit? How does this work, especially for folks with a very low income who don't pay much tax - is any? I'd like to know more. This issue is huge. I have had cancer, exhausted my 36 mos. on cobra, and had to go to Maryland Health Ins. Plan. I chose a plan costing $195 a month with $2600 deductible hoping to win in the years I don't need surgery, etc. Today I received a notice that the premium goes up to $205 and the deductible goes up to $4600 for a total output of $7000 a year. My Gross Adjustable income last year was $6200. I guess I have a choice: Have health coverage and stop paying my bills or eating or drop the insurance and spend my small amount of money on natural alternatives and good food. I think I am about to become and health care drop-out. The greedy SOB's need a wake-up call. The big medical conglomerations and pharmaceuticals are out of control.

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