Senate considers Cadillac tax repeal

Senators are considering repealing the ACA's "Cadillac" tax as part of 2020 funding negotiations, according to The Hill

The Cadillac tax is a 40 percent excise tax on excessive employer-sponsored coverage — anything over $11,200 for individuals or $30,150 for families. The unpopular tax was repealed by the House in July. If the Senate does not also repeal it, the tax will go into effect in 2022. 

Senators are reportedly discussing a repeal of the tax in funding negotiations, according to The Hill. The Senate must pass the appropriations bills by Dec. 20 or pass a stopgap measure. 

Read the full story here

 

More articles on leadership and management:

How overcoming the imposter syndrome decreases physician burnout
8 health systems form climate alliance in Washington
Northwell Health to host Gun Violence Prevention Forum

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Articles We Think You'll Like

 

Featured Whitepapers

Featured Webinars