Looming Tax On High-End Health Plans Draws Heavy Fire

Rep. Joe Courtney, D-Conn., proposed a bill in April to repeal the impending excise tax on employee health benefits that Obamacare deems excessive.i

Rep. Joe Courtney, D-Conn., proposed a bill in April to repeal the impending excise tax on employee health benefits that Obamacare deems excessive.

Bill Clark/CQ-Roll Call, Inc.


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Bill Clark/CQ-Roll Call, Inc.

Rep. Joe Courtney, D-Conn., proposed a bill in April to repeal the impending excise tax on employee health benefits that Obamacare deems excessive.

Rep. Joe Courtney, D-Conn., proposed a bill in April to repeal the impending excise tax on employee health benefits that Obamacare deems excessive.

Bill Clark/CQ-Roll Call, Inc.

About half of all American adults get health insurance through their employer, and beginning in 2018, the government will impose heavy financial penalties on any employer-provided health plans it deems overly generous. The tax was designed to rein in health care inflation and raise tens of billions of dollars.

Former Sen. Jeff Bingaman, D-N.M., a member of the working

Article source: http://www.npr.org/sections/health-shots/2015/10/15/446870741/looming-tax-on-high-end-health-plans-draws-heavy-fire?utm_medium=RSS&utm_campaign=affordablecareact

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