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Coburn-Ryan Health Bill Would Significantly Erode Employer-Based Coverage
Center on Budget and Policy Priorities [Opinion] Feb. 12, 2010 Excerpt: The bill (S. 1099 and H.R. 2520) would eliminate the main federal tax subsidy for employer-sponsored insurance -- the income-tax exclusion for employer-sponsored insurance -- and replace it with a refundable tax credit ($2,290 for individuals and $5,710 for families) that people could use to purchase coverage. Many employers would almost certainly drop coverage as a result[.] |
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