AHIP Urges House to Repeal Cadillac Tax and Support HIT Relief
posted by AHIP
on July 16, 2019
On July 16, 2019, AHIP addressed a letter to House leaders reaffirming our support for repealing the Cadillac tax and also emphasizing the need for relief from the health insurance tax (HIT).
Our letter cautions that the “impact of the Cadillac tax goes far beyond high-income workers and employee health plans offering ‘rich’ benefits.” To back up this point, we cite research findings which estimate that 74% of employer-provided health plans will be affected by the Cadillac tax when it takes effect in 2022.
We also highlight an Oliver Wyman study that estimates the savings the American people would receive if Congress approves bipartisan legislation (H.R. 1398) to suspend the health insurance tax in 2020 and 2021.