Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Retirement Plan Administrator

Bates & Company, Inc.
(Remote / Winter Park FL)

Bates & Company, Inc. logo

Defined Benefit Combo Cash Balance Compliance Consultant

Loren D. Stark Company (LDSCO)
(Remote)

Loren D.  Stark Company (LDSCO) logo

Regional Vice President of Sales

The Retirement Plan Company
(Remote / AL / FL / GA / MS)

The Retirement Plan Company logo

Business Development Director

AimPoint Pension
(Remote / Pompano Beach FL / AL / GA)

AimPoint Pension logo

Loan & Distribution Specialist

AimPoint Pension
(Remote)

AimPoint Pension logo

Director of 3(16) Operations

Compass
(Remote / NH / Hybrid)

Compass logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile app icon
LinkedIn icon     Twitter icon     Facebook icon

Excise Tax on Very High-Cost Health Plans Is Sound Element of Health Reform, Revised November 10, 2009
Center on Budget and Policy Priorities Link to more items from this source
[Opinion]
Nov. 11, 2009

Excerpt: The Finance Committee's health reform bill represents a very substantial improvement over the current health insurance system. However, it also has some significant shortcomings. The biggest problem is that the premium tax credits in the bill need to be stronger to make insurance affordable for more people of modest means -- and thereby to enable the mandate for people to have insurance to be strengthened. Otherwise, the new health insurance exchanges could be faced with a sicker-than-average pool of beneficiaries, which would drive up insurance premiums and threaten the ability of the exchanges to function effectively. This issue is at the heart of making health reform work. And addressing it will require increased expenditures for premium tax credits -- which means that Congress will need to find more, not fewer, offsets. Removing or seriously weakening the excise tax would make it even more difficult to address this crucial issue and strengthen the premium credits, and thus would weaken the prospects for effective health reform.

Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title).
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above).
© 2024 BenefitsLink.com, Inc.