USA Congress gets applauded on repealing of tax component of Affordable Care Act

▴ USA - Congress

Today, the American Health Policy Institute released the following statement of support for including the full repeal of the Affordable Care Act’s 40 percent excise tax on employer-sponsored plans, the health insurance tax, and the medical device tax in the year-end federal budget package.


“The American Health Policy Institute commends Congress for protecting Americans from three taxes that negatively impact their health care benefits and increase health care costs. TheInstitute’s research shows the Cadillac tax and the health insurance tax have direct andsubstantial cost impacts on premiums and cost-sharing that employees and their dependents payfor employer-provided health benefits. Repealing these taxes will strengthen and preserve health
coverage for 181 million Americans,” said Mark Wilson, President of the American HealthPolicy Institute.


The American Health Policy Institute played an instrumental role in the delay of the tax in 2015 and 2018 and ultimately in the repeal of the excise tax by publishing three studies on the harmful impact of the tax and the benefits of the current tax treatment of employer-provided health care benefits (here, here, and here). These studies have been cited extensively by healthcare influencers, reporters, employers and other business leaders and have helped better explainthe actual cost of these taxes to American employers, employees and average family plans acrossthe U.S.
“Our members are grateful to the bipartisan group in Congress for their thoughtfulconsideration of the impact of these taxes, and their decision to repeal them,” said Wilson.

Tags : #aca #setback #usacongress #medicircle

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