The Saving Advice Forums - A classic personal finance community.

How Helping Others Lose Weight Could Save You Money

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • How Helping Others Lose Weight Could Save You Money

    Do you know someone who needs to lose weight? Helping them do so could end up saving you money over the long run. What's more, even helping a total stranger lose weight could save you money as well. How can this be true? We first need to take a look at Medicare.

    Nearly 1.5% of every dollar you make goes to the federal health care program. If you're self-employed, you kick in twice as much because you must pay the employer's portion also. And if you fit in Obamacare's high income classification, you'll tack on another 0.9%.

    But you're really paying even more for Medicare. Of the $530 billion received by the federal program in 2011, $223 billion came from the general Treasury fund and only around $196 billion derived from payroll taxes. The government actually spent $550 billion -- more than it received. That total amounts to a little over $12,000 spent per enrollee...


    Obesity is costing Americans a lot of money. A new study points to a way to help people lose weight and save money at the same time.
Working...
X