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Lowering Premiums And Costs For Tens Of Millions Of Americans By Suspending The Health Insurance Tax

by Kristine Grow

February 28, 2019

WASHINGTON, D.C. – Matt Eyles, president and CEO of America’s Health Insurance Plans (AHIP), issued the following statement on the introduction of H.R. 1398, a bipartisan bill that would stop the Health Insurance Tax (HIT) from going into effect for both 2020 and 2021. The bill was introduced by Representatives Ami Bera (D-CA), Josh Gottheimer (D-NJ), Jackie Walorski (R-IN), and Kenny Marchant (R-TX).

“Americans deserve affordable coverage that improves their health and financial security. Suspending the Health Insurance Tax (HIT) will help drive down premiums and costs for tens of millions of Americans who get coverage through their jobs, buy their own coverage, or are covered through Medicare Advantage plans or Medicaid managed care. We thank Representatives Bera, Gottheimer, Walorski, and Marchant for this important step to lower premiums and costs for millions of hardworking American families, state budgets, and taxpayers.”