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D.C. Council Approves Broad New Tax on Insurance to Cover Cost of City's Health Insurance Exchange
The Washington Post
May 6, 2014 "To cover its $28 million annual budget, the District's exchange would have to levy a whopping 17 percent tax on every health plan sold on its Web site. As an alternative, Mayor Vincent C. Gray (D) on [May 6] proposed and the council unanimously endorsed legislation granting the District's exchange board broad new power to tax any health-related insurance product sold in the city -- regardless of whether it's offered on the exchange." MORE >> |
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