Morning Briefing
Summaries of health policy coverage from major news organizations
'Cadillac Tax' Supporters Worry Delay Is Acutally Death Knell
The Wall Street Journal: Spending Deal’s Adjustments To Health Law Seen As Step To Permanent Change
Industry groups trying to repeal the Cadillac tax as well as supporters who are working to preserve it say they see the two-year delay as a step toward axing the tax. (Radnofsky, 12/16)
The Washington Post: Congress To Delay ACA’S ‘Cadillac’ Tax On Pricey Health Plans Until 2020
The congressional Joint Committee on Taxation has estimated that the tax would bring in $2.2 billion in 2018 and $7.2 billion in 2019. Its revenue would balloon after that, totaling an estimated $91 billion by 2025. ... Peter Orszag, President Barack Obama’s first director of the Office of Management and Budget, said that “the big concern with delay is, it’s not a delay, it becomes a rolling permanent deferral.” (Goldstein, 12/16)
The Associated Press: Workers Unlikely To See Relief From Delay Of Health Plan Tax
Don’t expect to see much relief from rising costs for workplace health coverage under a federal budget deal that postpones a widely feared tax on generous insurance plans, experts say. The so-called Cadillac tax, which would be delayed two-years in the proposed deal, meant to discourage extravagant coverage and help keep costs in check. (Alonso-Zaldivar, 12/16)
