Published on:
Authors: D. Mark Wilson
Topics:
This week, Representative Joe Courtney (CT-D) introduced the Middle Class Health Benefits Tax Repeal Act (H.R. 2050), which would repeal the excise tax on high-cost health insurance plans scheduled to go into effect in 2018. The bill currently has 68 Democrat and 3 Republican cosponsors. According to Rep. Courtney, “The excise tax is a poorly designed penalty that will put a dent in the pocketbooks of many families and businesses with health insurance plans that do not resemble the 'Cadillac' plans originally targeted when this policy was adopted—instead, the excise tax will punish people living in higher cost areas, with 'Ford Focus' level plans. . . The excise tax is not a smart reform--it is a flawed, one-size-fits-all penalty that will degrade workers' benefits, lead employers to choose less comprehensive plans, and force families to pay more out-of-pocket health care costs.” A similar bill introduced by Rep. Frank Guinta (R-NH), H.R. 879, currently has 31 Republican cosponsors.
MORE NEWS STORIES
House Republican Budget Proposal Reintroduces Repealed Cadillac Tax
April 19, 2024 | News
House Considers 15 Telehealth Bills Aimed at Increasing Access
April 12, 2024 | News
White House Spotlight on Pharmacy Benefit Managers
March 08, 2024 | News