You're dealing with two issues: being on a 1099 and establishing a rate
that supports the cost of medical coverage you want. The 1099 life is not
for everybody, with medical insurance as a major consideration. Don't
forget you have to pay the employer's share of FICA and Medicare; it's
7.65%. There are a lot of reasons to have an employer!
ObamaCare currently covers 35,000,000 Americans and provides for
routine health care for a class of Americans struggling to pay for *any*
care. Should ACA provide catastrophic coverage? Probably...but Medicare
wasn't perfect when it was introduced. This may not be obvious but
regular medical and wellness care, made available to millions via ACA and
when received over a lifetime, significantly decreases the risk of
catastrophic illness, both pre- and post-Medicare. This doesn't help you
now, of course, but it's part of the ACA strategy: keep people healthy over
It sounds like you need critical illness, not catastrophic illness,
coverage. But Medicare with good supplemental plans is the way to go--I've
had prostate cancer and my world-class treatment as a major teaching
hospital didn't cost me a dime. My wife had a knee replacement--didn't
cost me a dime. But you pay for Medicare and it's not cheap
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