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Re: Re: insurance costs, etc.

Be sure to get the individual account set up so there's no lapse in coverage
or that $150 may increase a lot. That's what my insurance said when I was
looking at a policy for my son when he got too old to be a dependent on my
policy. When it came time to write it, the cost was a lot more than that.
----- Original Message -----
From: "Christopher P. Lindsey" <lindsey@mallorn.com>
To: <gardenchat@hort.net>
Sent: Thursday, July 28, 2005 5:18 PM
Subject: [CHAT] Re: insurance costs, etc.

> Thank you all so much for your input.  You came up with a lot of ideas
> and questions that I hadn't even considered!
> It looks like medical insurance actually won't be too bad, and social
> security isn't as awful as I'd hoped.
> Social security is 15.3% of your income if you're self-employed:
>    http://www.ssa.gov/pubs/10022.html
> Medical insurance will be about $450/month through COBRA (which extends
> my current University coverage), or I can get my own insurance through
> that insurance company for about $150/month.
> Still, it looks like about 35% of my income will go towards insurance,
> taxes, and social security.
> Oof.
> Thanks again, everyone!
> Chris
> ---------------------------------------------------------------------
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