Taxes For Employer Health Plans Getting Renewed Attention On The Hill
House Ways and Means Committee Chairman Kevin Brady, R-Texas, raises concerns about the health law's Cadillac tax at a hearing Thursday. Also, insurers' are complaining about problems they encounter in the health insurance marketplaces.
Both Parties Will (At Least) Discuss Employer Health Taxes
The tax treatment of employer-sponsored health insurance under Obamacare is one of the few provisions of the law that Congress has touched since passage. It’s also clear that members on both sides of the aisle think the topic needs more work. ... Employees pay for their premiums under employer-provided health insurance with “pre-tax dollars,” which leads to about 30 percent savings for the typical worker. There are several critiques of this system. First, it’s very expensive for the federal government. (Owens, 4/14)
Insurers Warn Losses From ObamaCare Are Unsustainable
Health insurance companies are amplifying their warnings about the financial sustainability of the ObamaCare marketplaces as they seek approval for premium increases next year. Insurers say they are losing money on their ObamaCare plans at a rapid rate, and some have begun to talk about dropping out of the marketplaces altogether. (Sullivan, 4/14)