Tuesday, October 8, 2013

what Obamacare means to the lone wolf tech contractor

Well, it means you'd better buy a plan! Otherwise one to eventually two and a half percent of your cowboy revenue is gonna go to the taxman. An Amanda Fredriksen spoke on Obamacare in general tonight at Refresh Austin. The talk really had little to do with tech and thus I probably don't need to delve into it at my blog where it would be out of place. Interesting things said worth repeating:

  • healthcare.gov is the online portal for plans.
  • 96 percent of American businesses have less than fifty people.
  • If you buy a plan in the official market you may get some financial assistance from Uncle Sam if you make $48,000 or less. However, if you qualify for this condition, you may want to rethink cowboy contracting in general as entry-level developers as direct hires tend to get $60,000 in the worst case scenario. (at least in Austin) Anyhow, the interesting thing here is that $48,000 is a representation of four times the "poverty level" so that level is at $12,000.

Refresh Austin seemed a cool group. Maybe I'll go back one night for a talk that really has to do with technology.

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