I have insurance through my employer. It’s BCBS, but for some reason they are taking out a deduction from each paycheck for I’m told THE AFFORDABLE HEALTHCARE ACT”. Why is this?
There was an increase to the Medicare tax, if you are a higher-earning employee this may account for the paycheck deduction. It could also be related to paying into employer-sponsored coverage.
Under ObamaCare, individual tax filers earning more than $200,000 and families earning more than $250,000 will pay an added 0.9 percent Medicare surtax on top of the existing 1.45 percent Medicare payroll tax.
It's odd that BCBS would take that route, but they are a big company. Some employers have taken to pointing out what taxes and cost increases are contained in the ACA by writing it on bills and such.