House Republicans Unveil Plans To Delay, Suspend Affordable Care Act Taxes
The plan would include another delay of the Cadillac tax. The legislation, if it's passed, would be a boon for some in the health industry who have been pushing for relief from the taxes for years.
Modern Healthcare:
House GOP Lawmakers Look To Delay Cadillac Tax, Other ACA Taxes
Afordable Care Act taxes are all on the U.S. House of Representatives' chopping block. Republicans on the House Ways and Means Committee introduced a bundle of bills on Tuesday to delay the Cadillac tax, employer mandate and other taxes that healthcare industry groups have opposed. The employer mandate gets a retroactive repeal from 2015 and a delay through 2018; this measure is paired with a one-year delay of the Cadillac tax. (Luthi, 12/12)
The Hill:
House GOP Unveils Package To Delay ObamaCare Taxes
House Ways and Means Chairman Kevin Brady (R-Texas) led the announcement for the bills to delay ObamaCare’s tax on medical devices for five years, on health insurance for two years, and the "Cadillac tax" on high-cost health plans for one year. The package would also eliminate penalties for employers who do not offer health insurance to their workers, under the employer mandate, through 2018. (Sullivan, 12/12)
Reuters:
Republicans Propose To Delay, Pause Obamacare Taxes
A spokeswoman for the House Ways and Means Committee said the additional proposed healthcare tax rollbacks would not be part of the broader tax overhaul bill. (Cornwell, 12/12)
