A Dail committee yesterday recommended that the credit be done away withAt the moment it is 20% discount per adult, up to maximum policy value of €1000, so €200 max tax credits.
http://www.revenue.ie/en/tax/it/leaflets/it5.html
Is that changing?
At the moment it is 20% discount per adult, up to maximum policy value of €1000, so €200 max tax credits.
http://www.revenue.ie/en/tax/it/leaflets/it5.html
Is that changing?
Is €200 more than the water charges was meant to be............
What are people's opinions on the suggestion that people may have the tax allowance taken away from their premiums? This will add an extra €400 to €600 pa to the average policy. Surely private health insurance in in every one's interest and takes the pressure off the goverments responsibility for everyone to have hospital access and treatment. If it happens, i'd imagine an awful lot of people will simply be stretched too far, just one more final kick to their already depleted finances.
it just means that you get to jump the queue and at the expense of others who can't afford to pay for private insurance, but non the less end up sponsoring you through their taxes.
Your decision to go private does not mean that the number of spaces is magically increased, it just means that you get to jump the queue and at the expense of others who can't afford to pay for private insurance, but non the less end up sponsoring you through their taxes.
I suspect that people who can't afford health insurance pay little or no tax.
I also suspect that people with health insurance pay a lot of tax.
Explain the monies paid by private insurance companies to the public health system.
Yes do explain why private insurance paying into the public system if they are not in some way consuming services that would otherwise be available for use by the public!
In a system where health risk is supposed to be a common public risk why should anyone be entitled to buy their way onto the waiting list?
I like Jim2007 would also ask why should my income tax be used to reduce their Private Health Insurance Premium that allows them their "own waiting list"They are not buying their way onto *the* waiting list. They have funded and created their own waiting list, which is their right as citizens to engage the services of other citizens.
I can't speak to the size of my cohort, but i'm one - a healthy man under 35 with a higher-than-average income and a corresponding tax bill.Find me large cohorts of people without medical insurance who are net contributors to the tax system
I like Jim2007 would also ask why should my income tax be used to reduce their Private Health Insurance Premium that allows them their "own waiting list"
I can't speak to the size of my cohort, but i'm one - a healthy man under 35 with a higher-than-average income and a corresponding tax bill.
I don't consider myself particular risk averse, and I could afford it, but I choose not to buy PHI because I don't think it's cost-effective (for me).
Some factors:
- I can buy in at 33/4 with no penalty.
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