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High-income wage earners on the US typically get health insurance from their job, which is a tax-exempt benefit that isn’t included in income statistics. After
by fshbbdssbbgdd 3y ago
High-income wage earners on the US typically get health insurance from their job, which is a tax-exempt benefit that isn’t included in income statistics. After retirement age, Medicare will pay for most medical expenses, although it’s still smart to save some extra money for whatever Medicare doesn’t cover. Amortized over a career, reasonable savings for post-retirement health care might amount to 1% or so for someone in that income range.
- ztrww 3y ago> High-income wage earners on the US typically get health insurance from their job This increase the total cost of labor which effectively is the same. Of course on the higher end paying a lump sum is way more optimal than an extra 10% tax to fund healthcare. If your income is low.. we’ll it’s a highly regressive system without government support. And with government subsidies it becomes effectively the same just extra hoops.